VIA Health Partners Acquires At-Home Primary Care Company Equity Health
North Carolina-based VIA Health Partners announced that it has expanded into home-based primary care with the acquisition of Equity Health. Financial terms were undisclosed. Equity Health offers a full spectrum of primary care services in the home, with the goals of reducing burden on caregivers, reducing hospitalizations and improving chronic disease management. The company also offers patients and families 24/7 access to a nurse practitioner. Operating since 1978, VIA Health Partners is an independent, community-based not-for-profit provider of hospice and serious illness care, serving more than 5,000 patients and families daily across 38 counties across North and South Carolina. Part of... Read More »
The Braff Group Advises Alegre Home Care in Affiliation with Transforming Age
Elder Care Alliance (ECA), a mission-driven nonprofit serving older adults across California and part of Transforming Age’s nonprofit network, announced on August 13 its affiliation with Alegre Home Care. The Braff Group, a mergers and acquisitions advisory firm specializing exclusively in healthcare services, served as the exclusive financial advisor for Alegre Home Care. The Pittsburgh-based firm was selected as Alegre’s advisor due to its extensive experience in California’s home care sector. Terms of the transaction were not disclosed. The strategic partnership marks Transforming Age’s entry into California’s home care market. It enhances ECA’s network, now supporting more than... Read More »
Rallyday Partners Invests in Elder Care Homecare
Rallyday Partners, based in Denver, Colorado, announced the acquisition of Elder Care Homecare. Provident Healthcare Partners advised Elder Care Homecare throughout the transaction. Elder Care Homecare provides home care to seniors across New York, New Jersey, Connecticut and Massachusetts. The company provides a suite of offerings, including personal care, companionship, memory care and rehabilitation, helping seniors thrive at home. Rallyday Partners is a private equity firm investing growth capital in founder-led companies in the healthcare, education and IT services industries. This partnership will support Elder Care’s mission of delivering compassionate, high-quality care to... Read More »
UnitedHealth Divests 164 Locations to Settle Antitrust Concerns in Amedisys Deal
UnitedHealth Group has agreed to sell off a number of hospice and home health locations to resolve U.S. antitrust concerns over its $3.3 billion acquisition of Amedisys. The Justice Department and attorneys general from four states (Maryland, Illinois, New Jersey and New York) filed a civil antitrust lawsuit in November 2024 to block the deal, arguing it would reduce competition in the home health services market. The divestiture includes 164 home health and hospice locations (including one affiliated palliative care facility) across 19 states, accounting for approximately $528 million in annual revenue. The settlement also requires divestiture of eight additional locations if regulatory... Read More »
