DALLAS—Havencrest Capital Management ("Havencrest"), a Dallas-based health care private equity firm, announced the formation of its non-medical homecare platform, Avid Health at Home ("Avid" or the "company") in connection with its first acquisition of Chicago-based For Papa's Sake Home Care ("FPS").
M&A
ALEXANDRIA, Virginia and WASHINTON—The Boards of the National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) agreed to a joint process to explore the formation of a new organization to combine the strengths of both NAHC and NHPCO and better serve members with a unified voice on behalf of the entire community of hospice, homecare, palliative care, serious illness and other care at home providers.
DALLAS—Home health care technology provider Axxess has acquired Complia Health to help both organizations combine resources to help clients accelerate outcomes and provide world-class care team and consumer experiences.
DALLAS—Elara Caring, a full-scale, multi-state home health provider of clinical and personalized services across the patient continuum, has closed on its acquisition of Assisted Daily Living, a 50-person, privately owned skilled home health care provider based in Warwick, Rhode Island. Elara said the deal advances its mission of expanding access to high-quality home health care and increases the provider’s geographic footprint in the Northeastern United States.
SAN DIEGO, California—ResMed announced the acquisition of privately held Somnoware, a U.S. sleep and respiratory care diagnostics software.
FRISCO, Texas—Addus HomeCare Corporation (Nasdaq: ADUS), a provider of homecare services, announced a definitive agreement to acquire the entities comprising Tennessee Quality Care, a provider of home health, hospice and private duty nursing services. Tennessee Quality Care serves an average daily census of approximately 1,800 patients through 17 locations covering a service area of more than 50 counties in Tennessee.
Optum, UnitedHealth Group's health care provider, beat Option to the punch in acquiring Amedisys, one of the largest home health companies, in an all-cash transaction valued around $3.3 billion.
EAGLE, Idaho—The Pennant Group, Inc., the parent company of the Pennant group of affiliated home health, hospice, homecare and senior living companies, announced it has acquired Bluebird Home Health, Bluebird Hospice and Bluebird Home Care (“Bluebird”), which provides skilled home health, private duty and hospice services across Southwestern Idaho.
DALLAS—Through a new partnership between Axxess, a technology innovator for health care at home, and Agenda Health, a health care mergers and acquisitions (M&A) advisory firm, Axxess clients can obtain M&A consultations to achieve their strategic business goals. Agenda Health uses a targeted matching approach that aligns with buying, selling or growing revenue.
BOISE, Idaho—Samaritan Health Services has completed the sale of its durable medical equipment business line, Samaritan Medical Supplies, to Norco Medical. Based in Boise, Idaho, Norco Medical is a provider of home medical supplies.
BOSTON— HouseWorks LLC, a provider of personal care services in Massachusetts, New Hampshire, Pennsylvania and Maine, announced it has signed a definitive agreement to acquire the personal care division at Amedisys, Inc., a provider of home health, hospice and high-acuity care.
REXBURG, Idaho—Home Care Pulse (HCP), a provider of experience management, benchmarking, training and reputation management, announced it has acquired Activated Insights and Pinnacle
BALL GROUND, Georgia—CAIRE Inc., a global manufacturer of oxygen therapy and on-site generation systems, has finalized the acquisition of St. Paul, Minnesota-based MGC Diagnostics Holdings, Inc. (MGC). This acquisition strengthens CAIRE’s position and focus on diagnostic technologies — furthering expanding its expertise in serving patients throughout the progression of pulmonary disease, the company said in a news release.
FORT WORTH, Texas—Health care mergers and acquisitions (M&A) advisory firm VERTESS recently welcomed Jonathan Hadley as its newest managing director. Hadley brings a wealth of knowledge and experience in the medical device space after leading and growing the largest medical device service organization in North America, MSC Biomedical.
ROOSEVELT, Utah (September 9, 2022)--Canyon Home Care & Hospice, a leading home health and hospice provider in the Intermountain West, has announced the acquisition of Uintah Basin Home Health and Hospice, a division of the Home Care Services of Uintah Basin Healthcare.
BRENTWOOD, Tennessee (July 2, 2021)—Numotion, the nation's leading and largest provider of products and services that provide mobility, health and personal independence has acquired SpinLIfe.com, a leader in online retail durable medical equipment (DME) for the aging population as well as people living with disabilities.
NASHVILLE, Tennessee (July 2, 2021)—Brookdale Senior Living Inc.
FINDLAY, Ohio (July 1, 2021)—Hart Medical Equipment, a durable medical equipment provider headquartered in Michigan is pleased to announce its merger with Northwest Ohio Medical Equipment (NOME), a division of Blanchard Valley Health System (BVHS), in partnership with Wood County Hospital and the Bellevue Hospital. NOME will be rebranded as Hart Medical Equipment. The official merger date is July 1, 2021.
LOUISVILLE, Ky. (April 29, 2021)—Humana Inc.
PLYMOUTH MEETING, Penn. (December 3, 2020)—AdaptHealth Corp., a provider of home medical equipment (HME) and related services, announced Tuesday that it has entered into an agreement to acquire Orlando, Florida-based AeroCare Holdings, Inc., in a deal valued at about $2 billion.