Top Home Health & Hospice Investors of 2023

Top Home Health & Hospice Investors of 2023

The deal activity of Home Health & Hospice investors has been on a steady decline over the past two years, ever since reaching its peak in the fourth quarter of 2021. There were 95 reported transactions in the 2023 Home Health & Hospice market, which is a 16% decrease from 2022 when there were 113 deals announced. The sector was impacted by a number of headwinds, such as low wages, rising cost of delivering care, staffing challenges and a fear of violence among home care aides, nurses and therapists. For 2024, home care leaders are looking toward AI, alternative payer sources, employee-centric solutions and much more so they can provide an integrated and individualized care plan to... Read More »
PurposeCare Acquires 3 Midwestern Home-Based Care Agencies

PurposeCare Acquires 3 Midwestern Home-Based Care Agencies

Chicago-based PurposeCare is expanding with the acquisition of three Midwestern home-based care agencies, Scott’s Home Healthcare and Attentive Personal Care, which are both located in Indiana, as well as Choice Nursing & Home Health in Ohio. Scott’s Home Healthcare is a family owned healthcare service provider for individuals and families in and around Kokomo, Indiana. The company specializes in Medicare skilled nursing in-home health services. Attentive Personal Care is an in-home care provider serving Indianapolis, Indiana and the surrounding area. Attentive Personal Care offers non-medical services in the home, such as meal preparation, housekeeping and transportation. Based in... Read More »
Autism Therapy Tops PE’s List in December

Autism Therapy Tops PE’s List in December

A good number of behavioral health care deals have been announced in Decmeber 2019 and the majority of those target companies providing therapy services to individuals with autism and intellectual and developmental disabilities (I/DD). Seven deals in the Behavioral Health Care sector are on the books mid-way through the month and five offer some form of applied behavior analysis (ABA) therapy or services. The two remaining deals target companies specializing in residential substance abuse treatment and inpatient addiction and eating disorders for teens. Thomas H. Lee Partners announced the only deal to disclose a price. The firm paid $415 million (16.6x EBITDA) for Centria Healthcare, a... Read More »