The Pennant Group (Nasdaq: PNTG) expects integration of its newly acquired assets from Amedisys and UnitedHealth Group (NYSE: UNH) to proceed without a hitch and become accretive in 2026. The Pennant Group in October closed its acquisition of former Amedisys and UnitedHealth Group hospice and home health locations in Tennessee, Alabama and Georgia. The deal […]
BrightSpring Health Services (Nasdaq: BTSG) expects its acquisition of former Amedisys and LHC Group locations to close in the fourth quarter of the year and to become accretive in 2026. The sale has been contingent on the outcome of the UnitedHealth Group’s (NYSE: UNH) own acquisition of Amedisys, which closed in August. That deal had […]
UnitedHealth Group’s (NYSE: UNH) subsidiary Optum Health’s efforts to reorient its strategic approach are beginning to bear fruit in rising revenues. The company projected slow but steady growth in 2026, despite headwinds such as Medicare reimbursement reductions and rising competition in the health care landscape. The insurance giant and health care provider UnitedHealth Group has […]
The acquisition of the home health and hospice provider Amedisys by the insurance mammoth UnitedHealth Group (NYSE: UNH) has far-reaching implications for the hospice community. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 billion. After leaping a series […]
The Pennant Group (Nasdaq: PTNG) has closed its acquisition of former Amedisys and UnitedHealth Group (NYSE: UNH) hospice and home health locations in Tennessee, Alabama and Georgia. The deal includes 54 locations for a purchase price of $146.5 million. Most of these care centers are located in Tennessee, a certificate of need state. Approximately two-thirds […]
BrightSpring Health Services’ (Nasdaq: BTSG) health care provider businesses are undergoing a growth spurt, a trend that the company’s forthcoming acquisition of divested Amedisys locations may accelerate. The sale has been contingent on the closure of the UnitedHealth Group’s (NYSE: UNH) own acquisition of Amedisys, which had been delayed by an investigation and lawsuit by […]
Federal legislators have introduced bills in the Senate and House of Representatives that would ban insurance companies from owning Medicare Part B or Part C providers. Sens. Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.) introduced the Patients Over Profits Act in the Senate; whereas Reps. Pat Ryan (D-N.Y.) and Pramila Jayapal (D-Wa.) brought forth the […]
Understanding the most prevalent medical conditions among aging patient populations is a significant part of developing disease-specific programs that better address physical, emotional and practical needs. A host of staffing, financial and logistical considerations are also part of the mix. Community needs assessments play a large role in steering the direction of a disease-specific program, […]
The nation’s largest hospice companies are seeing significant hospice growth amid executive changes and rising interest in M&A. These are the key themes that emerged during this year’s second quarter earnings season, in which publicly traded home health and hospice companies report their financial results, guidance for the remainder of the year and other key […]
On the heels of an agreement with the U.S. Department of Justice, UnitedHealth Group (NYSE: UNH) has closed its acquisition of the home health and hospice provider Amedisys. Amedisys announced the news in a U.S. Securities and Exchange Commission (SEC) filing on Thursday. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to […]
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