Home Health & Hospice

Legacy Acquires HomeCare Hospice

Legacy Hospice has acquired Mississippi-based HomeCare Hospice for an undisclosed sum. HomeCare Hospice operates four locations that cover most of its home state. The deal expands Legacy’s footprint in the South. In addition to Mississippi, the company has a presence in seven states. Legacy is a portfolio company of the private equity firm Prairie Capital. […]

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VITAS Completes the Previously Announced Purchase of Assets of Covenant in Florida and Alabama

VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE) announced the completion of the previously announced purchase of all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care (“Covenant”) for an aggregate purchase price of $85 million. Covenant’s hospice operations span the panhandle of

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Recent Monetary Policy Updates Could Create Chokehold on Home Health, Home Care Dealmaking

Home-based care dealmaking remains in a lull, one it hasn’t been able to shake since the historical M&A highs of 2020 and 2021. “We didn’t expect it to be that flat and that consistent for 2023,” Mark Kulik, senior managing director at M&A firm The Braff Group, said during a presentation at Home Health Care

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Commonwise Home Care Announces Acquisition of Caregivers of Charleston

Commonwise Home Care, a leading provider of premium personal care services, is delighted to announce its acquisition of Caregivers of Charleston, a reputable firm known for its commitment to paying caregivers excellent wages. This acquisition marks a significant milestone in Commonwise’s ongoing effort to expand its footprint and establish itself as the premier personal care

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To Stand Pat or Not: When Home Health Providers Should Expand Service Offerings

When it comes to expanding their business portfolios, home health leaders can continue to do what they know best, or they can decide to branch out. Leaders at companies like Choice Health at Home and The LTM Group have found themselves in this exact position. As a result, they have created a framework for determining

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