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 »
Aveanna Healthcare Expands in Hospice Sector with Full Ownership of 63 Facilities
Aveanna Healthcare Senior Services LLC holds a prominent position in the hospice sector across multiple states, maintaining full ownership of 63 facilities. This information comes from the latest data from CMS. Aveanna’s operations are concentrated in Alabama, where it affiliates with 18 facilities. Of these, 11 are dedicated to hospice services, while the remainder are affiliated with home health care. The company’s facility presence also includes Florida with nine facilities, Minnesota with six and states like Iowa and Wisconsin, each with six facilities. The hospice sector sees Aveanna as a top competitor, particularly in Alabama, where it aligns with other major owners such... Read More »
Team Select Home Care Buys Massachusetts-Based Marathon Nursing
Team Select Home Care announced that it has acquired Marathon Nursing for an undisclosed price. Marathon Nursing, headquartered in Braintree, Massachusetts, delivers skilled home nursing care to medically complex adult patients. Founded in 2008, Team Select Home Care is a provider of in-home private-duty nursing services. The company serves medically complex pediatric and adult patients across 15 states. “This is about more than a name,” Team Select Home Care CEO Fred Johnson said in a statement. “It’s about building on Marathon’s strong local foundation while bringing in Team Select’s national support and infrastructure. Together, we are better equipped to serve families and empower... Read More »Schedule a demo
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