Unitedhealth Group Expands Hospice Facility Network Across Multiple States
UnitedHealth Group Incorporated affiliates 468 hospice facilities, establishing a presence in several states. It maintains full ownership of 294 facilities while having varied interests in the remaining ones. This expansive network includes 103 hospice facilities, highlighting its participation in this sector. Facility Distribution by State UnitedHealth’s hospice facilities are distributed across multiple states, concentrating in Louisiana with 42 facilities, Tennessee with 36, Florida with 36 and Alabama with 33. In Arkansas, UnitedHealth affiliates 30 facilities, indicating its strategic positioning in the South. Sector Analysis While primarily involved in the home health sector... Read More »
The Pennant Group Acquires GrandCare Health Services
On July 1, The Pennant Group, Inc. announced that it acquired GrandCare Health Services. GrandCare Health Services is a home health agency based in Pasadena, California. With clinical expertise in post-surgical rehabilitation and chronic disease management, GrandCare has delivered care to more than 6,000 patients annually for more than 20 years. It provides services in the Los Angeles, Orange, Riverside and San Diego counties in California. The Pennant Group is a holding company of independent operating subsidiaries that provide healthcare services through 115 home health and hospice agencies and 54 senior living communities located across 14 states. According to its full year... Read More »
Quipt Home Medical Acquires Ballad Health’s DME Business for $1.6 Million
On July 7, Quipt Home Medical Corp. announced that it was purchasing the durable medical equipment (DME) segment of Ballad Health. Ballad Health is an integrated health system comprising 20 hospitals, post-acute care and behavioral health services and a large multi-specialty group physician practice. Ballad Health serves 29 counties of the Appalachian Highlands in Tennessee, Virginia, North Carolina and Kentucky. Quipt Home Medical Corp. is a home medical equipment provider focused on end-to-end respiratory care. Quipt has 190,000 patients and 20,600 referring physicians, as well as more than 90 locations in 19 states. According to its full year 2024 financial reports,... Read More »
Premier, Inc. Expands Clinical Decision Support Capabilities with IllumiCare Deal
Premier, Inc. has announced the acquisition of IllumiCare, a healthcare technology firm known for its electronic medical record (EMR)-agnostic platform. IllumiCare offers a suite of applications that deliver real-time, patient-specific data to clinicians to assist in decision-making and operational tasks in healthcare settings. Already used by more than 82,000 providers, including independent physicians and ambulatory networks, the IllumiCare platform is compatible with more than 50 EMR systems used across the care continuum. It was founded in 2014 and is based in Vestavia, Alabama. Premier is a technology-driven healthcare improvement company that provides solutions to two-thirds of all... Read More »
JLL Partners Announces Investment in Vascular Technology
JLL Partners announced an investment in Nashua, New Hampshire-based Vascular Technology (VTI). VTI is a medical device company specializing in the development, manufacture, and sale of surgical devices, including Intraoperative Doppler Systems and Surgical Suction Irrigation Systems. The company provides products that are utilized across multiple surgical specialties, including vascular, reconstructive, urology, GI endoscopy, neuro and robotic surgery. VTI is ISO 13485 certified and FDA registered. JLL Partners is a middle-market private equity firm based in New York, New York. Since its founding in 1988, JLL Partners has committed approximately $8 billion of equity capital across nine... Read More »Schedule a demo
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