Top Home Health & Hospice Investors of 2023

Top Home Health & Hospice Investors of 2023

by | Jan 22, 2024 3:11 pm | Healthcare Market Updates, Home Health & Hospice | 0 comments

The deal activity of Home Health & Hospice investors has been on a steady decline over the past two years, ever since reaching its peak in the fourth quarter of 2021. There were 95 reported transactions in the 2023 Home Health & Hospice market, which is a 16% decrease from 2022 when there were 113 deals announced. The sector was impacted by a number of headwinds, such as low wages, rising cost of delivering care, staffing challenges and a fear of violence among home care aides, nurses and therapists. For 2024, home care leaders are looking toward AI, alternative payer sources, employee-centric solutions and much more so they can provide an integrated and individualized care plan to... Read More »
Vivo Infusion Acquires Specialty Infusion

Vivo Infusion Acquires Specialty Infusion

by | Jun 20, 2023 12:23 pm | Other Services, Private Equity | 0 comments

Vivo Infusion announced on June 20 that it has acquired Specialty Infusion for an undisclosed price. With this acquisition, Vivo Infusion will operate 55 ambulatory infusion centers across ten states. Founded in 2018, Specialty Infusion provides ambulatory infusion and specialty pharmacy services at 14 ambulatory infusion centers in New York, Massachusetts and New Jersey. Vivo Infusion is a provider of infusion and injection care for patients suffering from compromised immune systems, infectious diseases and other medical conditions. Vivo serves communities in Colorado, Florida, Ohio, Oklahoma, Pennsylvania, New Jersey and Texas with plans to expand to additional states. Private equity... Read More »
HouseWorks Announces Acquisition of Care and Help Home Care

HouseWorks Announces Acquisition of Care and Help Home Care

by | May 4, 2023 3:11 pm | Home Health & Hospice, Private Equity | 0 comments

HouseWorks, LLC announced on May 3 its acquisition of Care and Help Home Care. According to data captured in the LevinPro HC database, this marks the 31st Home Health & Hospice deal of 2023. This also marks HouseWorks’ second deal of the year. In February 2022, HouseWorks acquired the personal care division at Amedisys, Inc. for an undisclosed price. Amedisys was just acquired by Option Care Health in a deal valued at $3.6 billion. You can read more about that deal on the LevinPro HC platform here. Founded in 2017, Care and Help Home Care is a leading home care provider serving seniors across Philadelphia and Bucks County. In addition to its personal care services, Care and Help also... Read More »
Cano Health Goes Public in Reverse Merger

Cano Health Goes Public in Reverse Merger

by | Nov 17, 2020 8:31 am | Other Services, SPAC | 0 comments

Cano Health, LLC has been an active buyer in the healthcare space for the past few years, reporting a couple of deals in 2020 alone. Now the primary care operator is going public in a new reverse merger with Jaws Acquisition Corp. (NYSE: JWS), a special purpose acquisition company. The deal is valued at $4.4 billion. Cano Health is expected to generate $1.45 billion in revenues in 2021.  The company operates primary care centers and supports affiliated medical practices in Florida, Texas, Nevada and Puerto Rico that specialize in value-based care for seniors. As part of its care coordination strategy, Cano Health provides high-touch population health management programs such as wellness... Read More »
PE-backed Pivot Physical Therapy Grows (Again)

PE-backed Pivot Physical Therapy Grows (Again)

by | Apr 6, 2017 1:09 pm | Private Equity, Rehabilitation | 0 comments

Acquisitions of rehabilitation companies and clinics has been on the rise in recent years. That trend is continuing in 2017, with nine deals announced in the first quarter. Five of those were announced in March alone. The second quarter is off to a good start, too. Pivot Physical Therapy, a portfolio company of CI Capital Partners, just inked its fourth deal of 2017. On April 5, 2017, Pivot acquired Tidewater Physical Therapy, an outpatient physical therapy practice with more than 30 locations across Virginia, including five aquatic therapy centers and three performance centers. This purchase comes on the heels of a two-year buying spree. Back in 2014, CI Capital Partners, alongside... Read More »