Most Active Buyers in the Home Health & Hospice Sector

Most Active Buyers in the Home Health & Hospice Sector

The Home Health & Hospice (HH&H) sector saw steady M&A momentum in 2025, with 110 transactions announced according to LevinPro HC data. This marked a solid increase from the 97 deals in 2024 and 99 in 2023, reflecting continued consolidation amid an aging population, rising demand for in-home care and strategic efforts by providers to expand geographic reach and service capabilities.  Activity remained focused on smaller, tuck-in acquisitions, though the year also featured the closing of Optum’s $3.3 billion acquisition of Amedisys in August. That deal followed a lengthy regulatory review and settlement with the Department of Justice, and it significantly reshaped... Read More »
Community Health Systems Announces $450 Million Divestment 

Community Health Systems Announces $450 Million Divestment 

In the latest divestment from Community Health Systems, it has sold Crestwood Medical Center in Alabama for $450 million to Huntsville Hospital Health System.  Community Health System has been shedding hospitals for years to balance its portfolio and generate $1 billion in proceeds. In 2024, the publicly traded system sold four facilities, including Tennova Healthcare-Clarksville in Tennessee, which was purchased by Vanderbilt University Medical Center for $750 million.  Based in Huntsville, Alabama, Crestwood Medical Center offers a wide range of medical services to the Huntsville community and the surrounding region. For the 12 months ended June 30, 2024, it generated... Read More »
Community Health Systems Announces $450 Million Divestment 

Agenda Health Named Top Advisor in Home Health & Hospice for 2025

The Home Health and Hospice (HH&H) M&A market regained momentum in 2025 as buyers returned to smaller, strategic acquisitions amid ongoing reimbursement pressure and operator fragmentation. According to LevinPro HC data, 110 HH&H transactions were announced during the year, marking an increase from the 97 deals in 2024 and 99 in 2023, and signaling renewed confidence in home-based care platforms despite a still-challenging operating environment. Agenda Health, an Austin, Texas-based M&A advisory firm specializing in healthcare, emerged as the most active advisor in the HH&H sector in 2025, according to data from LevinPro HC. The firm advised on nine completed HH&H... Read More »
HREA Announces Sale of Positive Steps Fertility Clinic in Madison, Mississippi  

HREA Announces Sale of Positive Steps Fertility Clinic in Madison, Mississippi  

HREA | Healthcare Real Estate Advisors announced on January 21 the successful closing of the sale of Positive Steps Fertility Clinic, a 10,135-square-foot medical outpatient building (MOB) in Madison, Mississippi.   The MOB is 100% occupied by Positive Steps Fertility, a physician-led practice focused exclusively on reproductive treatment and medicine, which utilizes the property as a core procedural and clinical site. Built in 2007, the MOB accommodates a full spectrum of fertility diagnostics and treatments, including a procedure room, on-site laboratory, patient exam rooms, a large waiting area and a centralized nurses’ station. It has a triple net lease on the... Read More »
LevinPro HC Stat of the Week: Private Equity Activity in 2025

LevinPro HC Stat of the Week: Private Equity Activity in 2025

In our new LevinPro HC Stat of the Week, we’re previewing data from our upcoming Healthcare Services Acquisition Report. In our analysis of private equity (PE) transaction data for 2025, 42% of all PE deals targeted physician groups, the largest volume of any sector. Physicians have been popular targets for PE firms for years, especially through add-on acquisitions by platforms such as MB2 Dental and Epiphany Dermatology. eHealth companies also received a surge of attention in 2025, most notably revenue cycle management firms (30 deal announcements). With all the reimbursement upheaval and changes in 2025, it’s no surprise that revenue cycle management services are in high demand,... Read More »
Rehab Medical Acquires Complex Rehab Provider Consolidated Medical

Rehab Medical Acquires Complex Rehab Provider Consolidated Medical

On January 21, Rehab Medical announced the acquisition of Consolidated Medical, Inc. Finalized January 1, 2026, the deal establishes Rehab Medical’s first location in the northeastern United States and marks the company’s 31st office. Founded more than 50 years ago, Consolidated Medical, Inc. is a complex rehab provider based in New Windsor, New York. Rehab Medical provides durable medical equipment in 19 states. It specializes in complex rehab technology to deliver custom advanced medical equipment tailored to customers’ needs. Through this acquisition, Consolidated Medical’s patients and providers will continue working with the same local team while gaining access to Rehab... Read More »
Bio Behavioral Health Joins PhaseWell Research

Bio Behavioral Health Joins PhaseWell Research

PhaseWell Research, a national clinical research site company, announced that it has formed a partnership with Bio Behavioral Health. Bio Behavioral Health is a leading central nervous system research site focused on neurologic and psychiatric disorders. Based in Toms River, New Jersey, Bio Behavioral Health has deep expertise in conducting clinical trials in the community setting, with an emphasis on patient-centered care, data quality and efficient study execution. Headquartered in Nashville, Tennessee, PhaseWell Research is focused on increasing participation in clinical trials by enabling research within trusted, high-performing sites and community practices nationwide. The addition of... Read More »
MAX Surgical Specialty Management Acquires 1 Independent Physician Practice 

MAX Surgical Specialty Management Acquires 1 Independent Physician Practice 

MAX Surgical Specialty Management announced on January 20 that it entered into an agreement to acquire J. Bieber Oral & Maxillofacial Surgery.  J. Bieber Oral & Maxillofacial Surgery is run by Dr. J. Bieber, who operates out of two locations in New York: Fishkill and Newburgh. Dr. Bieber has comprehensive expertise utilizing multiple dental implant systems and has successfully placed more than 10,000 dental implants.  MAX Surgical Specialty Management provides growth capital and administrative support services to partner oral and maxillofacial surgery practices. MAX supports 28 surgeons in 21 locations across four states. It is backed by MedEquity Capital, RF Investment... Read More »
GSK’s Tesaro Acquires Alteogen’s ALT-B4 

GSK’s Tesaro Acquires Alteogen’s ALT-B4 

GSK announced on January 20 that its portfolio company, Tesaro, will acquire Alteogen’s novel hyaluronidase enzyme ALT-B4 for $20 million.  Alteogen developed ALT-B4 using its bespoke Hybrozyme technology, which the company notes was designed to boost the flexibility and stability of protein structures while preserving the enzyme’s original mechanism of action.  Tesaro is a biopharmaceutical company whose major marketed product, Zejula (niraparib), an oral poly ADP ribose polymerase (PARP) inhibitor, is currently approved for use in ovarian cancer. It is owned by GSK.  The original press release notes that Tesaro plans to use the tech to develop and potentially market... Read More »
Summit Spine & Joint Centers Acquires Savannah Pain Management and Savannah Pain Center 

Summit Spine & Joint Centers Acquires Savannah Pain Management and Savannah Pain Center 

Summit Spine & Joint Centers, backed by private equity firm Wellspring Capital Management, announced on January 20 that it acquired Savannah Pain Management and Savannah Pain Center.  Run by Dr. Keith A. Kirby, MD., Savannah Pain Management and Savannah Pain Center operate as one pain management center with one location in Savannah, Georgia. It also operates one outpatient surgery center.   Summit Spine & Joint Centers is a management services organization that provides administrative and support services to its network of clinics and ambulatory surgery centers across the Southeast. It became a portfolio company of Wellspring Capital Management in 2025.  This is... Read More »