Senate Aging Committee hears testimony regarding impact of Older Americans Act … NAHC, NHPCO to merge, Dombi to retire … Initial claims for unemployment drop by 215,000 week over week … Health systems,...
Actions & Transactions, May 20
By
Kathleen Steele Gaivin
May 18, 2024
Koelsch Communities finishes $112M University Village Campus in Vancouver, WA, early; nears completion on $93M project in Bellevue, WA … Pennant Group acquires South Texas hospice provider
Federal government to investigate private equity’s influence on nursing homes, HCBS, home health
By
Kathleen Steele Gaivin
Mar 07, 2024
The Justice Department, Federal Trade Commission and Health and Human Services Department have announced plans to jointly investigate private equity’s influence on healthcare.
Amedisys receives $3.26 billion all-cash buyout offer from UnitedHealth Group’s Optum unit
By
Kathleen Steele Gaivin
Jun 06, 2023
Home health and hospice provider Amedisys received an unsolicited all-cash, $3.26 billion ($100 per share) offer Monday from UnitedHealth, through its Optum unit, to acquire all of the outstanding shares...
Improved onboarding process could boost worker retention
By
Kathleen Steele Gaivin
Apr 08, 2024
As long-term care providers navigate post-pandemic workforce challenges, they also need to improve the onboarding process, according to the results of a new survey by Viventium
Pennant Group acquires home care, hospice companies in Idaho
By
Kathleen Steele Gaivin
Jun 21, 2023
Eagle, ID- based The Pennant Group has acquired Bluebird Home Health, Bluebird Hospice and Bluebird Home Care. The companies provide skilled home health, private duty and hospice services across Southwestern...
Home health, hospice among top private equity healthcare acquisition targets
By
Kathleen Steele Gaivin
Feb 27, 2023
Private equity healthcare investments in 2022 were the second highest on record after 2021, in terms of disclosed deal value and deal count. Home health and hospice both made it into the top 15 categories...
Home health, hospice M&A up 20 percent in second quarter
By
Kathleen Steele Gaivin
Jul 27, 2023
Home health and hospice mergers and acquisition activity increased by 20% in the second quarter over the first quarter, but deals were down 14% compared with the second quarter of 2022, according to recently...