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Bristol Hospice Dominates California Hospice Sector with 14 Facilities
By LevinPro HC Bristol Hospice Holdings Inc. has emerged as a prominent player in the hospice sector in California, according to the latest data from CMS. The company affiliates with 14 hospice facilities in the state, marking it as one of the top contenders in the region. In total, Bristol Hospice Holdings affiliates with 44 facilities across the United States, with a remarkable 43 of them under full ownership. The company’s primary operations are concentrated in the hospice sector, although it also affiliates with one home health facility. Its facilities span a broad geographic range beyond California, extending to states such as Oregon (six facilities), Texas (three facilities)... Read More »
Manning Healthcare Group Inc: A Strategic Overview of Their Presence in Alaska’s Home Health Sector
By LevinPro HC Company Overview Manning Healthcare Group Inc holds a noteworthy position in the Home Health sector within Alaska, but it currently affiliates with only one facility in the state. This facility represents their sole presence, both in terms of state and sector, as per the latest CMS upload data. Ownership and Affiliates As of the latest data, Manning Healthcare Group Inc does not hold full or majority ownership of any facilities. Instead, it maintains minority ownership interests ranging from 5% to 50% in the single facility affiliated with its name. Competitive Landscape The competitive landscape in Alaska’s Home Health sector is characterized by multiple entities,... Read More »
Revco Solutions and Wakefield & Associates Announce Strategic Merger
Revco Solutions and Wakefield & Associates announced on February 19 a strategic merger between the two companies. The combined entity will operate as Revco Solutions. Established in 1933, Wakefield & Associates offers healthcare revenue cycle management (RCM) solutions to maximize revenue and streamline operations. The company is based in Aurora, Colorado. Revco Solutions, a portfolio company of Longshore Capital Partners, was formed through the merger of Professional Recovery Consultants and Credit Bureau Collection Services in 2019. The company provides RCM services across a multitude of industries. Leadership continuity has been a key focus throughout this transition. Mark... Read More »
CareFirst Urgent Care Expands Presence in Kentucky With Acquisition
CareFirst Urgent Care has announced the acquisition of Rapid Relief Urgent Care, adding three new locations to its network. Rapid Relief Urgent Care operates three urgent care centers in Kentucky. Two urgent care centers are located in Bowling Green, and one in Elizabethtown. Founded in 2011 by Chetan Gupta, M.D., CareFirst Urgent Care is a provider of walk-in urgent care services, offering accessible healthcare to communities across multiple states, including Ohio, Kentucky and Nevada. With a focus on patient-centered care, CareFirst is committed to providing timely medical attention for a variety of non-emergency conditions. From common illness and injury like colds and fractures, to... Read More »
Advanced Homecare Management LLC’s Hospice Presence in Multiple States
By LevinPro HC Advanced Homecare Management LLC, a major player in the hospice sector, affiliates with a total of 218 facilities according to the latest CMS data. Of these, it fully owns 206, with partial ownership (between 50% and 100%) of an additional 10 facilities. This significant presence underscores its strategic focus on expanding its footprint in the hospice and home health sectors. State-by-State Facility Distribution The organization affiliates with the most facilities in Texas, hosting 55, followed by Florida with 18 and Alabama with 13. Each state presents a mix of home health and hospice facilities, contributing to a diversified portfolio across its operational landscape.... Read More »
Healthcare Real Estate M&A in 2024: Trends, Challenges and Regional Insights
As the healthcare sector continues to adapt to evolving needs, real estate mergers and acquisitions (M&A) have become pivotal in shaping the landscape of healthcare delivery. The healthcare real estate (HCRE) sector includes medical outpatient buildings (MOBs), ambulatory surgery centers (ASCs), life sciences buildings and other general healthcare real estate subsectors. According to data captured in the LevinPro HC database, there were 263 HCRE deals announced in the United States during 2024. Activity in 2024 represents a significant increase from 234 deals in 2023, and shows a clear upward trend from the 236 in 2022, 184 in 2021, 90 in 2020, 34 in 2019 and only 11 in 2018. This... Read More »
Aveanna Healthcare LLC Tops Home Health Sector in Colorado
By LevinPro HC Aveanna Healthcare LLC is a leading entity in the home health sector. According to the latest data from CMS, the organization has full ownership of 119 out of 120 facilities, showcasing its extensive influence in the sector without any partial ownership stakes. Facilities Overview: With a significant presence, Aveanna Healthcare LLC affiliates with 104 home health and 16 hospice facilities. Notably, in Pennsylvania, it has the highest facility count with 19 locations, followed by Alabama and California with 18 and 15 facilities, respectively. Colorado hosts seven of these facilities, all under the home health sector. Competitive Landscape: Even with its dominance, Aveanna... Read More »
Premier Health Services Inc. Leads Home Health Sector in DC: Latest CMS Data
By LevinPro HC Premier Health Services Inc. stands out as a key player in the home health sector within Washington, D.C., according to the most current data from CMS. The data delineates that Premier Health Services Inc. is affiliated with a single facility in Washington, D.C., under a shared ownership model with stakes between 50% and 100%. Despite having only one facility in Washington D.C., the strategic equity position in this sector highlights the potential for growth and influence within the regional market. Investors and stakeholders may find it insightful to monitor the activities of Premier Health Services Inc. as they maintain their presence in the home health sector as captured... Read More »
