Top 5 Home Health & Hospice Deals of 2024
The Home Health & Hospice (HH&H) market has experienced a significant number of tailwinds in the past few years, such as aging demographics, a focus on expanding more cost-effective care settings, and favorable reimbursement trends. This environment has kept the HH&H healthy, often hovering around 100 per deals annually. Based on preliminary results, there were 92 transactions announced in the HH&H in 2024, compared with 99 in 2023 and 114 in 2022. As we close out the year, we wanted to provide the top five HH&H deals of 2024. Owens & Minor, Inc., a healthcare supply chain management company, acquired Rotech Healthcare for $1.36 billion, or 1.8x Rotech’s... Read More »
Avenues Home Care Expands Footprint in Texas With Clear Path Home Care Acquisition
Avenues Home Care has announced its expansion into six new locations across Dallas and surrounding Texas communities through the acquisition of Clear Path Home Care. Clear Path Home Care is a family-owned company dedicated to providing non-medical senior home care services in North Texas. The company specializes in 24-hour care, Alzheimer’s and dementia care, stroke care, companion care, veterans’ care and homemaker services to help with meals, laundry and everyday activities. Avenues Home Care provides personalized homecare services for adults, seniors and veterans. The company is backed by Nashville, Tennessee-based private equity firm Capital Alignment Partners. With this acquisition,... Read More »
Nationwide Medical Announces Partnership With Heritage Group
Nationwide Medical announced on December 12 that it has formed a growth partnership with Nashville, Tennessee-based Heritage Group. Nationwide Medical is a national provider of home medical equipment and clinical services for patients with chronic sleep and respiratory conditions. Headquartered in Calabasas, California, Nationwide operates in 49 states and serves more than 100,000 patients. Founded in 1986, Heritage Group is a healthcare-focused private equity firm with approximately $1 billion in capital under management. Heritage seeks to make majority and meaningful minority investments in high‐growth healthcare services and healthcare technology businesses that address the challenges... Read More »
Behind the Deal: Agenda Health Facilitates Commonwealth Nursing Solutions Sale
In what has been a busy year for Austin Texas-based Agenda Health, the healthcare-focused M&A advisory firm has announced that it has facilitated yet another deal in the home health sector. The faith-based firm recently advised on the sale of Commonwealth Nursing Solutions (CNS), a Kentucky-based home health company. The sellers, a group of retiring owners, sought a buyer with industry expertise and a shared commitment to delivering exceptional client care. The transaction, which closed in Q4 2024, highlights Agenda Health’s ability to manage complex processes and align stakeholders’ goals effectively. “Our team engaged with CNS early in 2023 and fostered a relationship through most of... Read More »
Behind the Deal: Eden Health Expands Northern Nevada Footprint with Acquisition of A Plus Hospice
Eden Health, a 100% employee-owned healthcare provider operating across seven states, has expanded its regional presence in Northern Nevada through the acquisition of A Plus Hospice Care. The deal, effective November 1, 2024, was facilitated by healthcare-focused M&A advisory firm Agenda Health, headquartered in Austin, Texas. Financial terms of the transaction were not disclosed. Agenda Health became involved early in the process, connecting with the owners of A Plus Hospice in the beginning of 2023. According to Spencer Walters, Senior Director at Agenda Health, the firm facilitated the transaction by identifying strategic buyers aligned with the sellers’ goals. “Agenda Health... Read More »Schedule a demo
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