It’s been a busy year in the Home Health & Hospice sector. Deal volume is poised to surpass the record 85 transactions announced in 2018. Through late November, 79 deals are in our DealSearchOnline database and more are expected before year-end. Home health agencies account for the bulk of the transactions every year, making up […]
The Home Health & Hospice sector is far less fragmented than it was just five years ago. The sector has seen a lot of activity, thanks to the push by payors to move patients towards lower-cost post-acute care settings. That has attracted a lot of investor interest in recent years, and 2018 proved to be […]
There’ve been some big moves in the hospice market this year, the largest being the $1.4 billion acquisition of Curo Health Services LLC by Humana (NYSE: HUM), TPG Capital and Welsh, Carson, Anderson & Stowe back in April. Curo Health is one of the nation’s leading hospice operators providing care to patients in 245 location in 22 […]
The Home Health & Hospice sector has been buffeted by headwinds in 2017. Besides the ongoing labor shortage and federal fraud investigations, the President’s recently signed executive orders affecting cost-sharing reductions for families and individuals earning less than 400% of the federal poverty level could curtail use of home health agencies.
Mergers and acquisitions in the home health and hospice sector have continued a downward spiral, beginning in Q1:17. 2016 ended with 62 deals, which was a healthy rebound following a lackluster performance in 2015. The sector also experienced growing interest from financial buyers in that time.
The Home Health & Hospice sector has experienced a few headwinds in 2017. Besides the ongoing labor shortage, reimbursement levels would be severely impacted by the passage of the Senate Republicans’ Better Care Reconciliation Act, which curtails federal spending on Medicaid beginning in 2020.
Amedisys acquired six home health and hospice centers from Tenet Healthcare. The deal strengthens its position in Massachusetts.
After a decline in home health and hospice acquisitions earlier in the year, M&A activity steadied itself in the third and fourth quarters of 2015. There were 12 publicly announced transactions in the fourth quarter, matching the level in the third quarter but well below the fourth quarter of 2014, when there were 20 announced […]
Home health care is still a hot sector going into 2016, as more health care providers and investors stay on the hunt for quality targets that provide low-cost care to post-acute patients. Almost Family, Inc. (NASDAQ: AFAM) kicked off the year with its acquisition of Long Term Solutions, Inc., which provides in-home nursing assessments for the […]