Avenues Home Care Expands Footprint in Texas With Clear Path Home Care Acquisition

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 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

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

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 »
Defying Trends: How Agenda Health is Achieving Record-Breaking Success in a Challenging Market

Defying Trends: How Agenda Health is Achieving Record-Breaking Success in a Challenging Market

Healthcare M&A activity has been facing a decline in recent years, a trend highlighted by data captured in the LevinPro HC database. During the first three quarters of 2024, 1,101 healthcare services deals were announced—a drop of nearly 8% compared to the 1,191 deals recorded during the same period in 2023, and an 18% decline from the 1,340 deals completed in the first three quarters of 2022, which was a record-breaking year for healthcare M&A. Across all healthcare verticals, including the healthcare technology sectors, the total number of deals in the first three quarters of 2024 stood at 1,510, reflecting a more than 10% decrease from the 2023 figures, and a nearly 20% drop... Read More »
Avenues Home Care Expands Footprint in Texas With Clear Path Home Care Acquisition

Justice Department Moves to Block UnitedHealth’s $3.3 Billion Acquisition of Amedisys

The U.S. Department of Justice (DOJ) is seeking to block UnitedHealth Group’s $3.3 billion acquisition of home health provider Amedisys, which was set to be folded into UnitedHealth’s Optum subsidiary. The deal has sparked antitrust concerns, with the DOJ arguing that the merger would significantly reduce competition in the home health and hospice services market and potentially lead to higher prices for patients. UnitedHealth, which planned to integrate Amedisys into its Optum subsidiary, has faced scrutiny from regulators since announcing the deal in June 2023. The DOJ’s main concern revolves around the potential for monopolistic control in local home health markets where both companies... Read More »