Private equity’s Pharos Capital Group secures another home health deal
By
Diane Eastabrook
Apr 14, 2021
In another sign that mergers and acquisitions are heating up, Dallas and Nashville-based private equity firm Pharos Capital Group has added another hospice and home healthcare agency to its stable of businesse
Two Louisiana home care providers indicted in multimillion-dollar fraud scheme
By
Diane Eastabrook
Jul 07, 2021
A federal grand jury last week indicted executives of two Monroe, LA-based home care agencies for a check-kiting scheme involving millions of dollars.
Encompass may spin off home health division, analyst predicts
By
Liza Berger
Jun 30, 2021
Home health giant Encompass Health Corp. may be on its way to a spin-off of its home health and hospice division. That is according to Jeffries analyst Brian Tanquilut.
LHC Group says buying binge will continue through the remainder of the year
By
Diane Eastabrook
Jun 04, 2021
In just over two weeks home health giant LHC Group has spent $135 million on three hospice acquisitions, but its recent shopping habit is far from over.
Brookdale Senior Living considers exiting the home health and hospice business
By
Joe Jancsurak
Dec 15, 2020
Industry giant Brookdale Senior Living appears to be considering a divestiture of its home health and hospice segment, according to industry sources. The move would improve the company’s liquidity, helping...
Amedisys’ Contessa division partners with Michigan healthcare system
By
Diane Eastabrook
Oct 01, 2021
Home care giant Amedisys is expanding its reach into Michigan through a new partnership between its Contessa division and Detroit’s Henry Ford Hospital. The agreement will bring an array of in-home acute...
Amazon introduces new pharmacy options
By
Joe Jancsurak
Nov 18, 2020
Home-bound older adults and residents of senior living communities have a new option for purchasing their prescriptions.
In move that may serve to grow its workforce, California’s Mission Healthcare purchases university...
By
Diane Eastabrook
Apr 07, 2021
One of California’s largest home health, hospice and palliative care providers continues to expand. Mission Healthcare has announced the acquisition of Loma Linda University Medical Center Home Health.
Humana 2021 1Q profits expand as company accelerates home health strategy
By
Liza Berger
Apr 29, 2021
The Medicare Advantage (MA) program helped boost Humana’s profits to $6.39 diluted earnings per share in the first quarter of 2021 compared to the previous year’s diluted earnings per share of $3.56.
Cosan Group capitalizes on in-home patient monitoring trend
By
Diane Eastabrook
Jul 14, 2021
The pandemic is driving more care into the home and forcing homebound patients to become more adept at using technology.