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Amedisys to Acquire Home Health Assets from AssistedCare Home Health and AssistedCare of the Carolinas
On February 23, Amedisys, Inc., a leading provider of quality home health, hospice, personal care and high-acuity care, announced it has signed a definitive agreement to acquire certain home health assets from AssistedCare Home Health, Inc. and RH Homecare Services, LLC, doing business as AssistedCare Home Health and AssistedCare of the Carolinas, respectively. The transaction is expected to close on or around April 1, 2022. AssistedCare Home Health was founded in 1994 by its current CEO, Russell Herring. Today the company provides an extensive range of in-home services throughout eastern North Carolina, including home health and long-term at home care. Doing business as AssistedCare of... Read More »
Arkansas Hospice Acquires First Choice Senior Care
On January 26, Arkansas Hospice, the largest hospice care provider in Arkansas, announced that it had acquired First Choice Senior Care, a locally-owned and operated company offering home care services in the Little Rock, Arkansas area. Financial terms of the transaction were not disclosed. First Choice Senior Care (FCSC) is the premier non-medical, home care company in Little Rock, Arkansas. FCSC provides companion services, personal care and other programs to address the nonmedical needs of the aging and seriously ill. Arkansas Hospice is a nonprofit organization based in North Little Rock, Arkansas. Arkansas Hospice cares for nearly 600 patients daily from 10 locations and three... Read More »
Encompass Health Announces Spin-Off Plans Under New Brand Enhabit Home Health & Hospice
On January 19, Encompass Health Corporation, a national leader in integrated healthcare offering facility-based and home-based patient care, announced its intention to spin off its home health and hospice business to form an independent, publicly traded company and to rebrand as Enhabit Home Health & Hospice. The establishment of Enhabit Home Health & Hospice will further strengthen Enhabit’s focus on high-quality, cost-effective care delivered in the home setting. The Encompass Health Board of Directors believes the spinoff will provide significant benefits to both businesses and their stakeholders, including improving the strategic and operational flexibility of each... Read More »
Mediclinic Middle East Acquires Ayadi Home Healthcare
On January 3, Mediclinic Middle East, one of the leading private hospital groups in the United Arab Emirates (UAE), announced the acquisition of Ayadi Home Healthcare, which provides home healthcare services to patients in Abu Dhabi and Al Ain. The financial terms of the transaction were not disclosed. Ayadi, with a team of medical professionals including doctors, nurses and therapists, currently provides home healthcare services including respiratory care, medicine administration, wound and ulcer care, chronic disease management, nutritional therapy, total parenteral nutrition, physical therapy and occupational therapy. Mediclinic Middle East, part of Mediclinic International plc,... Read More »10 Recent Home Health & Hospice Transactions
Here are 10 Home Health & Hospice deals from the final quarter of 2021, all captured in the LevinPro HC database. Nova Leap Health Corp. Purchases home health care organization Halifax-based Nova Leap Health Corp. purchased an undisclosed home health care organization for $4.75 million. The undisclosed business has an EBITDA of $825,000. Aveanna Healthcare acquires Comfort Care Home Health A portfolio company of Bain Capital and J.H. Whitney Capital Partners, Aveanna Healthcare, purchased Alabama-based Comfort Care Home Health for $345 million. This is Aveanna’s second deal of 2021. The deal closed on December 13, 2021. PE-Backed Charter Health Care Group Moves Into New Mexico-Market... Read More »Schedule a demo
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