Amedisys (NASDAQ: AMED) subsidiary Contessa Health is seeing strong patient engagement for its expanded home-based palliative care program, which the company launched in January in partnership with Mount Sinai Health System in New York. Tennessee-based Contessa Health provides a continuum of home-based care, including high-acuity services such as hospital-at-home and skilled-nursing-at-home services. Home health and […]
Last month, connectRN announced it had raised $76 million, with the Series F round, led by Suvretta Capital Management and Avidity Partners, with other investors including Amedisys Inc. (Nasdaq: AMED). Amedisys did not disclose the size of its investment in connectRN, which has now raised more than $95 million since its 2014 founding. Along with […]
The acquisition of Contessa Health by Amedisys (NASDAQ: AMED) is opening new lines of communication with hospitals and health systems that could fuel further expansion by the home health and hospice provider. Amedisys purchased Contessa in June 2021 for a total consideration of $250 million. Contessa Health is a Tennessee-based company that provides hospital-at-home and […]
Despite prevailing COVID-19 headwinds, the hospice and home health mergers and acquisitions market shows no signs of slowing. Labor shortages plaguing the industry may be spurring additional activity as the dwindling workforce is limiting some providers’ ability to grow organically. A number of the larger strategic buyers — LHC Group (NASDAQ: LHCG), Amedisys (NASDAQ: AMED), […]
With the hospice mergers and acquisitions market showing no sign of slowing down, providers with high performance on quality measures, scale and size are anticipated to attract investors’ eyes. Even as strategic, private equity and non-traditional buyers continue to snap up hospices, those providers are themselves increasingly investing in more diversified assets, such as home […]
Amedisys (NASDAQ: AMED) has been among the many home health and hospice providers taking financial and operational hits as the coronavirus pandemic continues its spread. Despite facing headwinds, the company remains steadfast in its position on hospice as it seeks to further build up its presence in the market. Another recent uptick of cases stemming […]
Amedisys, Inc. (NASDAQ: AMED) has agreed to purchase Contessa Health, a Tennessee-based company that provides hospital-at-home and skilled nursing-at-home services, for a total consideration of $250 million, according to a Securities and Exchange Commission filing. The transaction, expected to close Aug. 11, will bring higher acuity home-based care under Amedisys’ wings. The company will be […]
Moving Health Home is getting involved in hospice, having expanded to include providers Compassus, Visiting Nurse Service of New York (VNSNY) and the community-based support company Contessa Health. Moving Health Home is a coalition of health care organizations that advocate for the expansion of home-based care. Moving Health Home was established in March by founding members […]
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