Brightspring Health Services Acquires Haven Hospice for $60 Million 

Brightspring Health Services Acquires Haven Hospice for $60 Million 

On June 24, BrightSpring Health Services, a portfolio company of New York-based private equity firm KKR & Co., announced that it was purchasing a home health organization for $60 million.   North Central Florida Hospice, Inc. and Haven Medical Group, LLC are collectively known as Haven Hospice, a Florida-based company holding a Certificate of Need (CON) for comprehensive hospice care services in 18 counties in north central Florida.  Founded in 1974, BrightSpring is a leading provider of diversified home and community-based health and pharmacy services to medically complex and high-need populations. Close to 80% of the company’s health care services are provided in the home.... Read More »
Brightspring Health Services Acquires Haven Hospice for $60 Million 

Hyde Park Capital Advises Pinnacle Home Care on its Partnership with HCS-Girling

Hyde Park Capital announced on June 13 that its client, Pinnacle Home Care, one of the largest home health care companies in Florida, has entered into a strategic partnership with HCS-Girling. Based in Brooklyn, New York, and founded in 2022, HCS-Girling is a premier provider of home health and home care services across multiple verticals. Offering services from senior home care to post-op assistance, HCS-Girling delivers compassionate companion care, including meal preparation, medication reminders, light housekeeping and errand running. Pinnacle Home Care, established in 2003, is a Medicare-certified and Florida-licensed healthcare company that provides home care services. Clinically... Read More »
Addus HomeCare Acquires Gentiva’s Personal Care Operations

Addus HomeCare Acquires Gentiva’s Personal Care Operations

Addus HomeCare Corporation announced on June 10 a definitive agreement to acquire the personal care operations of Gentiva. The assets are being acquired for an anticipated purchase price, after customary purchase price adjustments, of approximately $350 million. Gentiva is a dedicated hospice, palliative and personal care services company, with more than 590 locations and thousands of compassionate clinicians and caregivers across 38 states. Gentiva’s corporate headquarters is in Atlanta, Georgia, with providers delivering care across the United States. Gentiva’s personal care operations serve more than 16,000 patients per day in across Arizona, Arkansas, California, Missouri, North... Read More »
Brightspring Health Services Acquires Haven Hospice for $60 Million 

Dover Health Expands Into Illinois With Two Acquisitions

Dover Health announced that it is expanding its footprint into Illinois with its latest acquisitions. The company purchased Centered Care Hospice and Palliative Care and Cornerstone Home Healthcare LLC, both in the Chicago MSA. Centered Care Hospice and Palliative Care provides hospice and palliative care in Joliet, Illinois and the surrounding areas. Cornerstone Home Healthcare LLC is a provider of home health services, offering home therapy, skilled nursing, social work and home health aides for patients meeting Medicare’s home health eligibility. Cornerstone is also based in Joliet, Illinois. Through these acquisitions, Dover Health is expanding its footprint into Illinois, now serving... Read More »
HouseWorks Expands Northeastern Footprint With Acquisition

HouseWorks Expands Northeastern Footprint With Acquisition

HouseWorks announced that it has acquired AccordCare’s personal care division in Connecticut, which operates under the brands Companions & Homemakers and Companions Forever. The deal will mark HouseWorks entry into Connecticut, and further expand its footprint in the Northeast. AccordCare originally acquired Companions Forever in December of 2020, and then acquired Companions & Homemakers in October of 2022. The Companions & Homemakers and Companions Forever businesses are entirely driven by Medicaid home- and community-based services business. Founded in 1998, HouseWorks provides in-home care services in Maine, Massachusetts, New Hampshire, New York, Pennsylvania, Tennessee... Read More »
Brightspring Health Services Acquires Haven Hospice for $60 Million 

Addus HomeCare Divests of Operations in New York

Addus HomeCare Corporation announced on May 21 a definitive agreement to sell its New York operations to HCS-Girling, based in Brooklyn, New York. HCS-Girling is a leading provider of home health and home care services. Addus HomeCare is a provider of home care services that primarily include personal care services that assist with activities of daily living, as well as hospice and home health services. The operations being sold consist of all of Addus’ personal care operations in the state of New York, including fiscal intermediary services under the New York Consumer Directed Personal Assistance Program. The timing for the closing of the transaction is subject to customary regulatory... Read More »