Mergers and Acquisitions

FORT WORTH, Texas—Cubhub, a provider of Medicaid-focused homecare software, acquired TaskMaster Pro (TMP), a software platform for Intellectual and Developmental Disabilities (IDD) service providers across the United States. This acquisition bolsters both companies by combining industry expertise, technology and specialized solutions for Medicaid-based care providers—allowing them to leverage one platform for multiple service lines.

MELVILLE, New York—Henry Schein Inc., a provider of health care solutions to office-based dental and medical practitioners, announced it will acquire Acentus, a national medical supplier specializing in the delivery of continuous glucose monitors (CGM).

HELSINKI, Finland—Veri, a health care technology provider focusing on metabolic health, announced it has been acquired by ŌURA, a health technology company and maker of the Oura Ring, which provides 24/7 insights into sleep, fitness and stress for wellness. 

LOS ANGELES—Health technology provider mPulse announced its acquisition of Zipari, Inc., a health care consumer experience technology company. The acquisition aims to advance mPulse’s drive market leadership through growth and its commitment to enhancing health care consumer experiences.

PITTSBURGH—North Central Florida Hospice, Inc. and Haven Medical Group, LLC (Haven Hospice), a Florida-based company for comprehensive hospice care, completed its sale of select assets to BrightSpring Health Services, a provider of home- and community-based health services for complex populations. The Braff Group originated the transaction and served as the exclusive financial advisor to Haven Hospice.

OVERLAND PARK, Kansas—Netsmart announced its acquisition of HealthPivots, an Oregon-based market intelligence company for the post-acute care continuum. The company said the combination of Netsmart’s care platform and HealthPivots’ “DataLab” aims to provide consolidated data, advanced analytics and a platform to enhance the post-acute care provider transition to value-based care (VBC).

CHICAGO—Help at Home, a national provider of in-home personal care services, announced the acquisition of several Georgia-based homecare organizations: Care By Your Side, One Care Health and AAMedcare. The acquisition aims to further demonstrate the company's commitment to providing care in Georgia.

RICHMOND, Virginia—The Bon Secours Home Care and Hospice programs, which serves the greater Richmond area, announced a new name: Bon Secours Home Care and Hospice by Compassus. The name change reflects a joint venture partnership between Bon Secours Mercy Health, a Catholic health system in the U.S., and Compassus, a national provider of integrated home-based health care services, which was finalized earlier this year.

SAN DIEGO, California—ResMed announced the acquisition of privately held Somnoware, a U.S. sleep and respiratory care diagnostics software.

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.

ATLANTA and TOLEDO, Ohio—Gentiva, a dedicated hospice, palliative and personal care company striving for improved access, equity and quality of care for patients, and ProMedica, an integrated health care organization providing, in part, hospice and homecare services through its Heartland brand, announced they have signed a definitive agreement under which Gentiva will acquire Heartland hospice and homecare agencies/loca

EDEN PRAIRIE, Minn. (March 29, 2022)—UnitedHealth Group's purchase of LHC Group has gone through, according to a Form 8-K the company filed Feb. 22 with the Securities and Exchange Commission. 

CINCINNATI—Quipt Home Medical Corp. has bought Great Elm Healthcare, LLC, a division of Great Elm Group, Inc. that  operates a complete line of respiratory-related durable medical equipment (DME) service locations across eight states in the Midwest, Southwest and Pacific Northwest and had $60 million in revenue last year. 

ATLANTA (November 1, 2022)—SageHome, an aging-in-place specialist, announced its acquisition of Midwest Bath Company LLC, accelerating its goal to provide a national, full-service home modification solution to the United States market.
 

DALLAS (October 4, 2022)—Enhabit, Inc., a home health and hospice provider, announced the acquisition of Caring Hearts Hospice, a locally owned and operated hospice agency in Texas. Effective Oct. 1, 2022, this acquisition adds four hospice locations to Enhabit’s existing presence in Texas, allowing Enhabit to expand its nationwide footprint.