‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
Brookdale announces $400 million sale of majority stake in home health, hospice, therapy business to...
By
Lois A. Bowers
Feb 24, 2021
Brookdale Senior Living has agreed to sell its majority stake in Brookdale Health Care Services — provider of home health, hospice and therapy services — to HCA Healthcare, the country’s largest...
Pennant puts acquisitions on hold for senior living but not home health, hospice
By
Lois A. Bowers
Feb 26, 2021
In the midst of a “challenging operating environment” for senior living, The Pennant Group does not plan to allocate capital for acquisitions in the sector in the near term “as our leaders focus...
Legislation aims to increase scrutiny of private equity healthcare acquisitions
By
Lois A. Bowers
Feb 27, 2024
Legislation introduced by California Attorney General Rob Bonta and Assembly Speaker pro Tempore Jim Wood (D-Healdsburg) in the Golden State would give the attorney general oversight of private equity...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Addus powers through the pandemic, but challenges remain
By
Diane Eastabrook
Aug 04, 2021
Addus HomeCare executives admitted Tuesday the COVID-19 delta variant is challenging the home care industry as it tries to emerge from the 17-month global pandemic.
Racial and ethnic disparities seen in use of hospice
Dec 18, 2023
Older age was associated with lower odds of short length of stay in those dually eligible for Medicare and Medicaid.
Hospices with higher assisted living volume had lower-quality scores, study shows
By
Kristen Fischer
Apr 02, 2024
Hospice providers that served higher volumes of assisted living patient days had lower-quality scores, according to a new study.
Vitas revenues slip in 2021 1Q following pandemic hit to senior living referrals: execs
By
Liza Berger
Apr 29, 2021
COVID-19’s impact on the hospice business played a role in lower 2021 first quarter revenues for Vitas Healthcare Corp., the hospice division of Chemed, which also owns Roto-Rooter, a plumbing and drain...
Addus CEO is bullish on Presbyterian Health Plan partnership
By
Joe Jancsurak
Mar 11, 2021
Addus HomeCare Corp., a provider of home care services as well as hospice and home health, disclosed on Wednesday that it has entered a value-based post-acute care navigation agreement with Presbyterian...