Arosa+LivHome continues to ride its fast-paced M&A wave into 2020. The company announced Tuesday that it has acquired Lifecare Innovations, a Burr Ridge, Illinois-based professional care management services provider. Financial terms of the deal were not disclosed. Backed by Bain Capital Double Impact, Arosa+LivHome was formed in October 2018 after the combination of two regional health care companies: Arosa and LivHome. The provider operates in California, Florida, Illinois, North Carolina, Tennessee and Texas. Tuesday’s move expands Arosa+LivHome’s Illinois footprint. It also makes the PE-backed company the largest employer of care management professionals in the U.S., significantly widening its lead nationally, Ari Medoff, CEO of Arosa+LivHome, told Home Health Care News. Arosa+LivHome has consistently thrown its weight behind care management and believes that, in the coming year, the industry will grow in importance and prominence.
Read the full article: Arosa+LivHome Leans into Care Management with Lifecare Innovations Acquisition //
Source: https://homehealthcarenews.com/2020/01/arosalivhome-leans-into-care-management-with-lifecare-innovations-acquisition