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All posts tagged with “Mergers & Acquisition News.”



Compassus, Providence JV gains ground after concerns

03/31/25 at 03:00 AM

Compassus, Providence JV gains ground after concerns Home Health Care News; by Audrie Martin; 3/28/25 In February, Providence, a not-for-profit health system serving the Western U.S., and Compassus, a national provider of integrated home-based care services, completed the first phase of a joint venture (JV) focused on home health, hospice and community-based palliative care. However, Providence employees expressed concerns regarding cost-cutting measures and staffing issues. Specifically, critics of the JV voiced concerns that the deal would result in cost-cutting measures, increased staff workloads and reduced patient services. Compassus senior vice president and chief marketing and communications officer, Kathleen Winn, told Home Health Care News that partnerships like Compassus’s JV with Providence greatly benefit hospitals and health systems by allowing patients to move from an inpatient environment to home-based care and avoiding readmissions through careful monitoring. [Continue reading ...] 

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How hospital merger oversight is shifting deal-making

03/13/25 at 03:00 AM

How hospital merger oversight is shifting deal-making Modern Healthcare; by Alex Kacik; 3/12/25 Health systems are increasingly pursuing mergers and acquisitions in the South, a region where demand for care is growing and there are fewer regulatory barriers. More than a dozen states have passed laws over the past several years designed to increase oversight of healthcare transactions, but Southern states have largely stayed on the sidelines. As a result, deals involving hospitals are expected to pick up in the South, particularly in markets that feature growing populations, a high number of Medicaid patients and less stringent merger reviews, merger and acquisition advisers said. Potential Medicaid cuts could also drive up deal-making in the 16-state region spanning from West Virginia to Texas, as well as Washington, D.C., advisers said. 

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New Day Healthcare acquires Patient Recovery Home Healthcare Services

03/13/25 at 03:00 AM

New Day Healthcare acquires Patient Recovery Home Healthcare Services Hospice News; by Jim Parker; 3/12/25 The Texas-based home-based care provider New Day Healthcare has acquired the home health agency Patient Recovery Home Healthcare Services in Houston. Financial terms were undisclosed. The transaction marks New Day’s 14th successful acquisition to date and comes approximately one month after it acquired Christian Senior Care, also in Houston. Patient Recovery Home Healthcare has been in operation for 15 years and will not rebrand post-acquisition. The company’s current staff will remain in place, according to New Day. 

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21 large health systems growing bigger

03/12/25 at 03:00 AM

21 large health systems growing bigger Becker's Hospital Review; by Alan Condon; 3/7/25 Merger and acquisition activity is rebounding after a drop in deal volume during the pandemic, with many large health systems growing their hospital portfolios or planning to add more hospitals in the coming quarters. Twenty-one large health systems growing bigger: 

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13 hospital transactions in 1 week

03/11/25 at 03:00 AM

13 hospital transactions in 1 week Becker's Hospital Review; by Madeline Ashley; 3/4/25 The end of February into early March saw a wave of hospital transactions, signaling a shift in healthcare ownership and operations across the country. Below are the 13 hospital transactions that Becker's has reported on since Feb. 27:

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Uplift Hospice acquires Star of Texas

03/06/25 at 03:00 AM

Uplift Hospice acquires Star of Texas Hospice News; by Jim Parker; 3/5/25Uplift Hospice has acquired Star of Texas Hospice. Financial terms were undisclosed. The transaction will bring Uplift’s average daily census up to 450 across three states — Arizona, Nevada and Texas. The two organizations first connected to discuss a potential transaction through a mutual relationship with the M&A advisory firm Agenda Health, according to Uplift Hospice’s CEO Owen Lawrie.

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VITAS’ 'powerhouse’ growth in hospice hitting ‘all-time highs’

03/03/25 at 03:00 AM

VITAS’ 'powerhouse’ growth in hospice hitting ‘all-time highs’ Hospice News; by Holly Vossel; 2/27/25 Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The Chemed Corp. (NYSE: CHE) subsidiary has seen record-highs in patient census volumes and is ramping up strategic plans to expand its geographic footprint across its home state. Acquisitions and de novos will make up an important mix of VITAS’ expansion, Chairman and CEO Nick Westfall said in Thursday’s earnings call. The company is optimistic about future opportunities in the Southeast, executives indicated. [Click on the title's link to continue reading.]

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Judge sets trial date for DOJ’s challenge to UnitedHealth takeover of Amedisys

02/24/25 at 03:00 AM

Judge sets trial date for DOJ’s challenge to UnitedHealth takeover of Amedisys McKnights Home Care; by Adam Healy; 2/20/25 A judge reportedly has set a date for the Department of Justice’s challenge of UnitedHealth Group’s (UHG’s) acquisition of home health and hospice provider Amedisys. US District Judge James K. Bredar set the trial for Oct. 27. However, the trial may have to be rescheduled to Feb. 9, 2026, Bredar said in an order, according to MLex, which provides news and analysis on legal developments.

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New Day Healthcare acquires Christian Senior Care Services

02/21/25 at 03:00 AM

New Day Healthcare acquires Christian Senior Care Services  Hospice News; by Jim Parker; 2/20/25 New Day Healthcare has acquired the home-based care company Christian Senior Care Services in Houston for an undisclosed sum. The deal, New Day’s 13th to date, expands the company’s personal care services division into five additional counties in the Houston metro area. The operation will continue to operate under its current brand, and the entire staff will remain in place. ... The transaction adds personal care services to New Day’s hospice and home health operations in the Houston area, a key step in the provider’s efforts to build out a multi-faceted continuum of care. ... Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas. Seniors 65 and older represent 13.8% of the Lone Star State’s overall population, according to the U.S. Census Bureau.

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Dealbook: HouseWorks completes 2 acquisitions; Family Resource Home Care acquires Beneficial In-Home Care

02/14/25 at 03:00 AM

Dealbook: HouseWorks completes 2 acquisitions; Family Resource Home Care acquires Beneficial In-Home Care Home Health Care News; by Audrie Martin; 2/12/25

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How the DOJ-UnitedHealth Group lawsuit could change hospice M&A

02/12/25 at 03:00 AM

How the DOJ-UnitedHealth Group lawsuit could change hospice M&A Hospice News; by Jim Parker; 2/11/25 A U.S. Justice Department (DOJ) victory in its lawsuit to block UnitedHealth Group’s (NYSE: UNH) acquisition of Amedisys is unlikely to have a cooling effect on hospice M&A, according to some experts. The UnitedHealth Group subsidiary Optum in June 2023 agreed to acquire Amedisys in a $3.3 billion deal. Optum in February 2023 also acquired the home health and hospice provider LHC Group for $5.4 billion. DOJ in December 2024 filed the lawsuit to kill the deal. The state attorneys general of Maryland, Illinois, New Jersey, and New York are also plaintiffs in the suit. ... DOJ’s chief concern is that the combination of the two companies would dampen competition in the hospice and home health space. Should the transaction proceed, Optum would control 30% or more of the home health or hospice services in eight states, according to the Justice Department’s complaint.

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UnitedHealth Group withdraws motion to dismiss antitrust challenge

02/11/25 at 03:00 AM

UnitedHealth Group withdraws motion to dismiss antitrust challenge Competition Policy International; by CPI; 2/8/25 UnitedHealth Group has withdrawn its motion to dismiss the Justice Department’s antitrust lawsuit challenging its proposed acquisition of Amedisys, a home care and hospice provider. According to the , the healthcare giant stated that new information provided by the government in late January rendered its initial motion moot. ... On January 29, the Justice Department responded to the motion by filing a list of 381 service areas where it alleged the acquisition would negatively impact competition. UnitedHealth Group, in its latest filing, acknowledged that this submission “finally identified” the locations in question, leading the company to withdraw its motion.

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Kroger partners with Express Scripts to expand pharmacy services

02/10/25 at 03:00 AM

Kroger partners with Express Scripts to expand pharmacy services Becker's Hospital Review; by Alexandra Murphy; 2/6/25 Cincinnati-based Kroger Health has reached a new agreement with Express Scripts, the pharmacy benefit services arm of Evernorth, to provide access to prescription medications and health services at the Kroger Family of Pharmacies for Express Scripts Customers. Under the new agreement, the Kroger Family of Pharmacies will resume serving customers in Express Scripts' Medicare Part D and Tricare/Department of Defense plans, according to a Feb. 5 Kroger news release. This comes after Kroger ended its contract with Express Scripts in September of 2022, after months of unsuccessful negotiations over a new agreement. 

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UnitedHealth drops dismissal bid in US suit over Amedisys deal

02/10/25 at 03:00 AM

UnitedHealth drops dismissal bid in US suit over Amedisys deal Bloomberg Law; by Justin Wise; 2/6/25 (additional subscription may be required)UnitedHealth Group Inc. is withdrawing its motion to dismiss the Justice Department’s lawsuit seeking to block its $3.3 billion acquisition of home-health and hospice services provider Amedisys Inc. and planning to fight the case at trial. In a Wednesday [2/5/25] filing in the US District Court for the District of Maryland, UnitedHealth and Amedisys said that new information provided by the Justice Department eliminated the basis for its request to toss the case at a preliminary stage. The firms previously argued the DOJ was withholding key geographic market information integral to its claim that the tie-up would stifle competition ...

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Bristol Hospice acquires St. Agatha Comfort Care

02/10/25 at 03:00 AM

Bristol Hospice acquires St. Agatha Comfort Care Hospice News; by Jim Parker; 2/6/25 Bristol Hospice has acquired St. Agatha Comfort Care in Las Vegas for an undisclosed amount. ... Bristol is a portfolio company of the private equity firm Webster Equity Partners. The company operates 64 locations across 25 states, employing more than 3,000 professionals. The hospice provider has indeed been on a growth trajectory. In June 2024, Bristol Hospice acquired Mississippi-based Mid-Delta Hospice, a move that marked its entry into that state. Bristol has been a prolific buyer in the M&A market during the past five years, but more recently it has leaned harder into its de novo strategy. In August of last year, Bristol Hospice opened four new locations within a single week in three different states.

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Pennant Group acquires senior living communities in Idaho, Texas

02/05/25 at 03:00 AM

Pennant Group acquires senior living communities in Idaho, Texas Markets Insider; 2/4/25Pennant Group (PNTG) announced that effective February 1, it has acquired three premier senior living facilities in Idaho and Texas. The acquisition in Idaho is subject to a triple net lease with the option to purchase, and the two Texas facilities are subject to a long-term, triple net lease. These transactions expand Pennant’s operations by 188 units, comprised of both assisted living and memory care services.

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Baptist Health announces joint venture to enhance home health services

02/03/25 at 03:00 AM

Baptist Health announces joint venture to enhance home health services Lane Report, Louisville, KY; 1/31/25 To further expand the delivery of high-quality care to a growing population, Baptist Health announced a joint venture with national home health leader Alternate Solutions Health Network (ASHN) to enhance services across Kentucky, southern Indiana and southern Illinois. Effective March 3, the joint venture will be owned by Baptist Health and ASHN and will continue operating as Baptist Health Home Care. 

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Federal report highlights private equity, consolidation concerns

01/22/25 at 03:00 AM

Federal report highlights private equity, consolidation concerns Modern Healthcare; by Hayley Desliva; 1/16/25 Three federal agencies on [1/15/25] said "more effective and vigorous" enforcement is needed to protect patients harmed by healthcare's continued consolidation. In a report released just days before a new administration takes over, the Health and Human Services Department, Federal Trade Commission and Justice Department said comments they sought earlier this year on the state of the industry made clear that worries about access to services and costs have intensified as consolidation and private equity's role have grown. ... The report noted several areas of concern: 

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BrightSpring Health Services, Inc. enters into definitive agreement to divest Community Living business to Sevita; reports preliminary 2024 financial results and provides 2025 guidance excluding Community Living

01/22/25 at 03:00 AM

Brightspring Health Services, Inc. enters into definitive agreement to divest Community Living business to Sevita; reports preliminary 2024 financial results and provides 2025 guidance excluding Community Living The MarCom Journal, Louisville, KY; by Leigh White; 1/20/25 BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based pharmacy and health services for complex populations, today announced it has entered into a definitive agreement to divest its Community Living business, namely ResCare Community Living, to Sevita, a leading provider of home and community-based specialty health care, for $835 million in cash consideration, subject to customary adjustments. The transaction is expected to close in 2025, pursuant to regulatory approvals and typical closing conditions. Following the divestiture, BrightSpring’s Provider Services will be comprised of Home Health and Hospice, Personal Care, Rehabilitation Services, and Primary Care. 

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Choice Health at Home completes acquisition of Family Tree Private Care

01/20/25 at 03:00 AM

Choice Health at Home completes acquisition of Family Tree Private Care WL US FM 98.3, Tyler, TX; Press Release, EINPresswire.com; 1/17/25 Choice Health at Home (“Choice”), a leading multi-state provider of home health, hospice, personal care, and rehabilitation services, is proud to announce the acquisition of Family Tree Private Care (“Family Tree”), one of the largest private care operators in the United States. This transaction further establishes Choice Health at Home as a premier operator offering a comprehensive continuum of care, including private care, to patients across Texas, Colorado, and the Southwestern U.S. “This is a transformative moment for Choice Health at Home,” said David Jackson, CEO of Choice. ... "The addition of Devotion Hospice allows us to expand our hospice services and reinforces our commitment to provide quality care to our nation’s 5th largest metro population (Houston, TX).” ... Daniel Gottschalk, CEO of Family Tree, shared his enthusiasm for the merger ... 

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HHS targets private equity, pushes for more SNF ownership transparency in new report

01/17/25 at 03:00 AM

HHS targets private equity, pushes for more SNF ownership transparency in new report McKnights Long-Term Care News; by Zee Johnson; 1/16/25 A new federal report is calling for greater transparency in long-term care ownership, citing “growing consolidation in the healthcare sector and the lack of meaningful competition” as main drivers in decreased patient care quality and caregiver well-being. The Department of Health and Human Services released its report Wednesday. “HHS Consolidation in Health Care Markets RFI Response” was created in consultation with the Department of Justice and the Federal Trade Commission. Report authors examined a broad range of settings and deals in the healthcare sector, ultimately identifying two major trends: increasing consolidation in certain healthcare markets and a recent influx of private equity and other private investors. Some providers support the push for more ownership transparency, saying private equity acquisitions of previously nonprofit-owned healthcare providers is a symptom of a broken system.

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Healthcare & Life Sciences Private Equity Deal Tracker: Renovus acquires Superior Health

01/17/25 at 02:00 AM

Renovus acquires Superior Health McGuire Woods; by Trey Andrews; 1/13/25 Renovus Capital Partners has announced the acquisition of Superior Health Holdings. Superior, formed in 2021 and based in Baton Rouge, Louisiana, is a provider of home health and hospice services throughout Louisiana. Renovus, based in Philadelphia, is a lower middle market private equity firm that invests in a few sectors, including healthcare services. Founded in 2010, the firm invests across a range of healthcare companies, including those in life sciences commercialization, IT, revenue cycle management and behavioral health. Terms of the acquisition were not disclosed. 

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VITAS eyeing expansion in 12 states

01/16/25 at 03:00 AM

VITAS eyeing expansion in 12 states Hospice News; by Jim Parker; 1/14/25 Historically, VITAS Healthcare has relied heavily on organic growth, a strategy the company is not turning away from. However, it may add more acquisitions to the mix. VITAS is a subsidiary of Chemed Corp. (NYSE: CHE). The company this year made its return to the M&A market after a hiatus of several years. In April, VITAS acquired Covenant Health and Community Services’ hospice operations as well as one assisted living facility in an $85 million deal. Now, the company is seeking out other targets, with an emphasis on Certificate of Need states. “There are at a minimum 12 states we don’t operate in that we think are very attractive to us, and we are out actively sourcing deals, and we expect some of that deal flow to continue to come through here in 2025 and beyond …” VITAS CEO and Chairman Nick Westfall said during the JP Morgan Healthcare conference. “We think we’re in the early roads of really an ongoing consolidation inside of the space.”

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St. Croix Hospice to acquire Mayo Clinic Health System hospice operations in Southwest Minnesota

01/14/25 at 03:00 AM

St. Croix Hospice to acquire Mayo Clinic Health System hospice operations in Southwest Minnesota PR Newswire, Oakdale, MN; by St. Croix Hospice and Mayo Clinic Health System; 1/13/25 St. Croix Hospice and Mayo Clinic Health System have entered into a definitive agreement for St. Croix Hospice to acquire Mayo Clinic Health System's hospice operations in Southwest Minnesota. The agreement remains subject to regulatory approval and is expected to close in the first quarter of 2025. ... "With more than 75 locations across the Midwest staffed by local care teams, St. Croix Hospice has been proudly providing hospice care for Mayo Clinic Health System patients throughout the Midwest for many years," says St. Croix Hospice Chief Clinical Officer Mandy Cogswell. ... "This marks the second recent transaction where St. Croix Hospice has acquired a health-system based hospice program, including a fourth quarter 2024 purchase in Iowa and Nebraska," said St. Croix Hospice CEO Heath Bartness.

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PruittHealth acquires family-owned skilled nursing centers in middle Georgia

01/13/25 at 03:15 AM

PruittHealth acquires family-owned skilled nursing centers in middle Georgia GlobeNewswire, PruittHealth, Warner Robbins, GA; 1/9/25 PruittHealth, a family-owned and Georgia-based provider of post-acute care, today announced the purchase of two new health care centers from industry leader Debbie Meade and her Georgia-based organization Health Management. PruittHealth took over the operations of Eastview Nursing Center in Macon and Southern Pines Nursing Center in Warner Robins on December 31. The locations were rebranded as PruittHealth – Lakeside and PruittHealth – Warner Robins.

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