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March 2019

The Ensign Group Acquires Home Health and Hospice Operations in San Antonio, Texas

2019-03-07T16:14:39+00:00March 6th, 2019|

MISSION VIEJO, Calif., March 06, 2019 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (NASDAQ: ENSG), the parent company of the Ensign™ group of skilled nursing, rehabilitative care services, home health care, hospice care, medical transportation, and assisted living companies, announced today that a subsidiary of Cornerstone Healthcare, Inc., Ensign’s home health and hospice portfolio subsidiary, had acquired the assets of All County Home Care and Hospice in Boerne, Texas effective March 1, 2019.

KKR Completes Acquisition of BrightSpring Health Services

2019-03-07T13:20:12+00:00March 5th, 2019|

LOUISVILLE, Ky.--(BUSINESS WIRE)--Global investment firm KKR and BrightSpring Health Services (“BrightSpring”), one of the largest home and community-based health services providers, announced today that KKR has closed on its acquisition of BrightSpring. As part of this transaction, BrightSpring has merged with PharMerica Corporation (“PharMerica”) to now become a leading provider of both home and community-based health and pharmacy services for high-need and medically complex populations.

Traditions Health Enters Arizona, Acquires Reflections Hospice and Palliative Care

2019-03-07T13:12:21+00:00March 5th, 2019|

MESA, Ariz., March 5, 2019 /PRNewswire/ -- Traditions Health, LLC ("Traditions"), a home health and hospice provider in Texas and California, announced that it has acquired Reflections Hospice and Palliative Care ("Reflections"), a division of Centrix Health Resources ("Centrix"). Reflections is a provider of hospice services based in Mesa with three locations in Maricopa county. Tarik Shirif, the CEO/President of Centrix, will be joining the Traditions team and taking a leadership role in business development.

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.

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