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LHC Group, Inc. Leads Home Health Sector in Kentucky with Strategic Facility Distribution
By LevinPro HC Ownership Overview According to the latest data from CMS, LHC Group, Inc. has a significant presence in the home health sector, particularly in Kentucky. The company affiliates with a total of 487 facilities across various states, with full ownership of 290 facilities and partial ownership in an additional 177. Statewide Distribution In terms of geographical distribution, Louisiana houses the highest number of LHC Group facilities at 52, followed by Florida with 38 and Tennessee with 37. In Kentucky, LHC Group maintains 23 facilities, placing it in a prominent position alongside competitors such as Unitedhealth Group Incorporated, which also affiliates with 23 facilities... Read More »
Levine Leichtman Capital Partners and Management Acquire Synergy HomeCare
Levine Leichtman Capital Partners (LLCP) announced that it has partnered with management to acquire Synergy HomeCare from NexPhase Capital, LP. Synergy HomeCare will continue to be run by the existing executive team led by CEO, Charlie Young. Synergy HomeCare is a provider of in-home care services to individuals of all ages with more than 240 franchises operating in approximately 550 territories across 42 states. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care and specialized care for individuals living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. Synergy... Read More »
Behind the Deal: Agenda Health Advises on Clear Path Home Care Sale to Avenues Home Care
Healthcare-focused M&A advisory firm Agenda Health announced that it has facilitated the sale of Clear Path Home Care to Avenues Home Care, a portfolio company of Capital Alignment Partners. The transaction was announced at the end of 2024. It marks a strategic expansion for Avenues, adding six new locations in Texas and broadening its reach to 14 locations across Texas, Tennessee and Georgia. The LevinPro HC team spoke with Alex Veach, Director of Transaction Services at Agenda Health, about the firm’s role in the deal and the broader trends shaping the home care M&A landscape. Based in Denton, Texas, Clear Path Home Care is a family owned company dedicated to providing... Read More »
Regis Healthcare Doubles Home-Care Revenue Through BodeWell Community Care Deal
Australian aged care operator Regis Healthcare announced on January 6 that it is poised to double its home care business after securing a deal to acquire in-home support provider BodeWell Community Care. Based in Moorabbin, Australia, BodeWell Community Care provides in-home community care and services as part of the Commonwealth Home Support Program and National Disability Insurance Scheme. The company provides its services in Victoria and Queensland. Regis Healthcare provides services to 9,000 older Australians through residential aged care homes, home care service hubs, day therapy and day respite centers and retirement villages. The purchase price has not been... Read More »
