Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets. Private equity transactions and an influx of new deals during 2021 could drive up hospice valuations that have already reached record highs. The hospice market remained extremely active […]
HCA Healthcare
Amedisys (NASDAQ: AMED) has partnered with the UMC Health System in Texas to launch a new hospice and home health location. The new operation will serve patients in Lubbock and the surrounding communities. With the COVID-19 pandemic causing patients anxiety about receiving institutional care, the outbreak has accelerated the trend of moving more health care […]
HCA Healthcare (NYSE: HCA) is expected pursue speedy growth for the hospice and home health business the company is set to acquire from Brookdale Senior Living (NYSE: BKD). Brookdale has entered into a definitive agreement to sell an 80% stake in its health care services segment to HCA for $400 million. Brookdale will retain a […]
Brookdale Senior Living Inc. (NYSE: BKD) has agreed to sell a majority stake in its hospice, home health and outpatient therapy business to HCA Healthcare (NYSE: HCA). Brookdale will sell 80% of the equity in its health services segment to HCA for a purchase price of $400 million. Brookdale in December indicated that it would […]