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March 2019

Perimeter Healthcare Acquires Lake Pines Hospital

2019-03-04T20:35:19+00:00March 1st, 2019|

ATLANTA, March 1, 2019 /PRNewswire/ -- In fulfillment of its commitment towards promoting the accessibility of quality mental and behavioral healthcare services, Perimeter Healthcare is delighted to announce the acquisition of Lake Pines Hospital, located in Kenner, Louisiana. The 36-bed behavioral healthcare facility is renowned for providing quality, individualized in-patient care for adults facing acute mental and behavioral health challenges. This acquisition also includes the St. Theresa Hospital building which houses Lake Pines Hospital.

February 2019

LHC Group and Geisinger announce definitive agreement for home health and hospice joint venture

2019-02-27T13:15:37+00:00February 26th, 2019|

LAFAYETTE, La. and DANVILLE, Pa., Feb. 26, 2019 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG), Geisinger Home Health and Hospice, and AtlantiCare Home Health and Hospice announced today they have entered into a definitive agreement for a joint venture partnership to enhance home health and hospice services at Geisinger locations in Pennsylvania and at AtlantiCare – A Member of Geisinger in Atlantic County, New Jersey.

PE-backed Aveanna to buy Maxim’s home healthcare unit

2019-02-20T18:40:28+00:00February 19th, 2019|

Aveanna Healthcare, which is backed by Bain Capital and J.H. Whitney Capital Partners, has agreed to acquire Maxim Healthcare Services‘ home healthcare division. No financial terms were disclosed. The deal is expected to close in the second quarter of 2019. Edge Healthcare Partners, Barclays, BMO Capital Markets, Jefferies and Deutsche Bank provided financial advice to Aveanna on the transaction.

Nashville Business Leader Acquires Integrative Life Center

2019-02-20T13:42:32+00:00February 19th, 2019|

NASHVILLE, Tenn., Feb. 19, 2019 (GLOBE NEWSWIRE) -- Ryan Chapman, who grew and sold a nationwide service company, Premier Parking, before age 35, does not consider buying and leading Nashville’s Integrative Life Center (ILC) a business opportunity. For Chapman, the healing center’s new CEO, it’s a calling.

Ideal Option Secures Minority Investment by BlueCross BlueShield Venture Partners

2019-02-06T18:18:26+00:00February 6th, 2019|

NEW YORK--(BUSINESS WIRE)--Ideal Option, a leading provider of Medication-Assisted Treatment (MAT) and behavioral counseling services for individuals suffering from Opioid Use Disorder (OUD), announced today a strategic minority investment by BlueCross BlueShield Venture Partners (“BCBSVP”). BCBSVP invests on behalf of 33 BlueCross BlueShield entities in healthcare companies of strategic relevance to BlueCross BlueShield Plans.

Traditions Health Expands Presence in East Texas; Acquires Hospice Connection

2019-02-06T18:09:07+00:00February 5th, 2019|

TYLER, Texas, Feb. 5, 2019 /PRNewswire/ -- Traditions Health, LLC ("Traditions"), a home health and hospice provider in Texas and California, announced that it has acquired Hospice Connection. Hospice Connection is a provider of hospice services with offices in Tyler, Texas and Longview, Texas. Mark Allen, an owner and the COO of Hospice Connection, will be joining the Traditions team and taking a leadership role in business development over the East Texas Region.

Amedisys Closes on Acquisition of Compassionate Care Hospice

2019-02-04T16:24:17+00:00February 4th, 2019|

BATON ROUGE, La., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Amedisys, Inc. (the “Company” or “Amedisys”) (NASDAQ: AMED), America’s leading independent home health, hospice and personal care company, has closed on its acquisition of Compassionate Care Hospice, a hospice provider headquartered in Parsippany, New Jersey, with 2,300 employees and 53 locations nationwide.

January 2019

Leading Home Care Company Expands into Philadelphia

2019-01-31T16:31:39+00:00January 31st, 2019|

NEWTON, Mass. & PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--HouseWorks, LLC, one of the leading private home care companies in the country, announced today that it has acquired Caring Friends Home Care, a private home care company serving Philadelphia and surrounding areas. HouseWorks acquired Caring Friends Home Care from Friends Life Care Partners located near Philadelphia.

LHC Group and Unity Health Announce Joint Venture Agreement in Arkansas

2019-02-04T16:18:37+00:00January 31st, 2019|

LAFAYETTE, La., Jan. 31, 2019 (GLOBE NEWSWIRE) -- LHC Group (NASDAQ: LHCG) and Unity Health today announced finalization of an equity partnership agreement to purchase and share ownership of two home health providers in Arkansas: Unity Health – White County Medical Center Home Health in Searcy and Unity Health – Harris Medical Center Home Health in Newport. The agencies serve patients and families in their respective communities and the Northeast Arkansas region with in-home healthcare.

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