Home Health & Hospice Deals Keep Coming

The home health & hospice sector is still buzzing with mergers and acquisitions. Just two weeks into the month of March, six transactions have been announced.  The largest target by price (and the only one disclosed to date) is Comapssus’ $84 million purchase of the home health and hospice operations of Genesis Healthcare (NYSE: GEN), which are located in California, Idaho, Montana and New Mexico. Compassus already operates more than 150 community-based hospice and palliative care programs in 28 states. After the close, it will operate more than 165 programs in 30 states. Genesis announced the sale after concluding the home health and hospice businesses were non-strategic assets.... Read More »