CLEVELAND, Ohio—Hospice of the Western Reserve (HWR), a premier provider of hospice and palliative care services in Northern Ohio, has completed its acquisition of Hospice of North Central Ohio (HNCO). This strategic alliance aims to expand access to high-quality, comprehensive end-of-life care across a broader region.
M&A
BOSTON—HouseWorks Holdings, LLC (the company), a personal care services platform serving the Northeast, announced that it has acquired Bridge City Home Care, a Pittsburgh-based provider of personal care services. With this acquisition, HouseWorks extends its footprint across Pennsylvania, delivering high-quality services through its care hubs in Philadelphia, Allentown, Harrisburg, Pittsburgh and Erie, ensuring clients have access to HouseWorks’ services across the state.
EAGLE, Idaho—The Pennant Group, Inc. announced its purchase of the Washington and Idaho assets of Signature Healthcare at Home. The Pennant Group is a company focused on affiliated home health, hospice and senior living.
Pennant previously announced its agreement to purchase the Signature assets, with the planned closing of Signature’s Washington and Idaho assets on Aug. 1, 2024. A second purchase agreement of Signature’s Oregon business is intended to close on Jan. 1, 2025.
RICHMOND, Virginia—Owens & Minor, Inc. (Owens & Minor), announced it has entered into a definitive agreement to acquire Rotech Healthcare Holdings, Inc. (Rotech), a privately held home-based care business headquartered in Orlando, Florida, for $1.36 billion in cash.
NEW YORK—HHAeXchange, a homecare management solution for providers, managed care organizations (MCOs), state Medicaid agencies and fiscal intermediaries, announced its acquisition of Generations Homecare Sys
NORTH HAVEN, Connecticut & NEWPORT CENTER, Vermont—Corcoran Consulting Group LLC welcomed Jane Panneton, a 27-year health care industry veteran, as managing consultant. Panneton works closely with Corcoran’s homecare clients to improve their financial competency, create strategic exit plans and provide sell-side guidance in mergers and acquisitions.
WASHINGTON & ALEXANDRIA, Virginia—On June 10, the Board Chairs and chief executive officers of the National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) met in Washington, D.C. to formally sign the affiliation agreement between the two leading organizations in the care at home community.
NEW YORK—HHAeXchange, a provider of homecare management solutions for providers, managed care organizations (MCOs), state Medicaid agencies and fiscal intermediaries, announced its acquisition of Cashé Software, a Mi
FRISCO, Texas—Addus HomeCare Corporation, a provider of homecare services, announced a definitive agreement to acquire the personal care operations of Gentiva for an anticipated purchase price, after customary purchase price adjustments, of approximately $350 million.
BOSTON—HouseWorks Holdings, LLC (the company), a personal care services platform serving the northeast, announces that it has acquired the Connecticut Personal Care Division (brands Companions and Homemakers, LLC. and Companions Forever, LLC.) of AccordCare, a national provider of homecare and certified home health. With this acquisition, HouseWorks enters Connecticut, expanding the company’s geographic footprint while offering compelling opportunities for future growth.
CALIFORNIA—SG Homecare, Inc., a provider of in-home medical equipment (HME) and supplies, announced the acquisition of Western Drug Medical Supply. This move unites two industry leaders, creating a platform to dramatically scale a leading force in Southern California's homecare market.
The combined entity boasts:
PHILADELPHIA, Pennsylvania—Medical Guardian announced it has acquired MobileHelp from Advocate Aurora Enterprises to broaden its suite of health care solutions supporting aging adults with living independently and safely. The strategic acquisition bolsters Medical Guardian’s safety, engagement and wellness capabilities provided to more than 600,000 active members through its personal emergency response systems (PERS), remote patient monitoring (RPM) and health care engagement services.
ATLANTA—GF Health Products, Inc. (Graham-Field) announced that it has acquired substantially all of the assets of Transfer Master Products, Inc. (TMP). TMP has been in the business of designing and manufacturing hi-low adjustable beds for home and health care settings for more than 30 years.
CHICAGO—Waud Capital Partners (Waud Capital), a growth-oriented middle-market private equity firm, announced the acquisition of Senior Helpers, a provider of in-home care and wellness offerings for seniors. Waud Capital is acquiring Senior Helpers from Advocate Health, the third-largest nonprofit health system in the nation.
AKRON, Ohio—ACU-Serve, a provider of health care solutions, announced its recent acquisition of Beyond HME, located in Siesta Key, Florida. ACU-Serve said this move signals a significant step forward as it expands its footprint in the health care industry and aims to enhance its service offerings.
The acquisition of Beyond HME, known for its resupply services, aligns with ACU-Serve's commitment to delivering comprehensive and high-quality health care solutions to its clients.
BRENTWOOD, Tennessee—IntellaTriage, a provider of after-hours nurse-first triage services for hospice and home health, announced its strategic acquisition of NurseLine, a prominent nationwide provider of hospice and home health triage services. The transaction was completed for an undisclosed sum.
GLEN ALLEN, Virginia—Hamilton Beach Brands Holding Company (NYSE: HBB) announced that through its Hamilton Beach Health subsidiary, it has acquired HealthBeacon PLC, a medical technology firm and partner of the company. HealthBeacon provides health services and develops connected devices that enable patients with chronic conditions to manage their injectable medication regimens at home.
MANITOWOC, Wisconsin—Legacy Care Partners Inc., a health care services provider, announced the successful acquisition of Superior Home Health and Superior Hospice of Texas.
PHOENIX and PITTSBURGH—StateServ, a provider of durable medical equipment (DME) benefit management solutions to the post-acute care market in the United States, has completed its acquisition of Delta Care Rx (Delta Care), a national pharmaceutical care provider. Delta Care offers integrated pharmacy benefit management, mail-order prescription, sterile/non-sterile compounding and clinical pharmacist consulting to the hospice and palliative care markets.
WATERLOO, Iowa—VGM Group is excited to announce the merger of two of its marketing agencies, Two Rivers Marketing and Moxie, effective Jan. 1. The combined team—which will operate as part of Des-Moines based Two Rivers Marketing (2RM)—expands the services and capabilities that each agency has been known for, and provides our clients a true powerhouse of a marketing partner.
COLUMBUS, Ohio—Military medical equipment supplier JANZ Corporation is expanding into the consumer home medical equipment (HME) market through the acquisition of Mullaney’s Medical Supply, a locally owned and operated company that has served the Greater Cincinnati area since 1936.