March 2019

Vizion Healthcare LLC Acquires Panola Medical Center in Batesville, Mississippi

2019-03-21T15:44:57+00:00 March 20th, 2019|

Vizion Health’s CEO, Mark Schneider, announced today that it acquired Panola Medical Center, a 112-bed acute care medical hospital located in Batesville, Mississippi. Vizion partnered with Progressive Medical Management of Batesville, LLC, Whitwell Holdings, LLC, and Java Medical Group on this acquisition. Panola is divided into two campuses; one campus is a 55-bed medical hospital and the second campus is a 57-bed acute care psychiatric hospital.

Ashley Acquires Outpatient Treatment Provider Aquila

2019-03-21T15:32:28+00:00 March 20th, 2019|

Ashley Addiction Treatment announced that it has acquired Aquila Recovery, an outpatient addiction treatment provider with four locations across Maryland, Virginia and Washington, DC. Aquila will become a member of Ashley’s network by July 1, with both organizations retaining their respective names in the meantime. Ashley president and CEO Rebecca Flood will serve in the same role once the merger is completed, overseeing all operations.

Cornerstone Healthcare Group Announces Two New Partnerships with Home Health Acquisition and Launch of Long-Term Acute Care Joint Venture Hospital

2019-03-18T20:40:23+00:00 March 15th, 2019|

DALLAS, March 15, 2019 /PRNewswire/ -- Cornerstone Healthcare Group ("Cornerstone"), a diversified healthcare company with operations in the specialty hospital, senior living, and behavioral health fields, announced two new partnerships, expanding its capabilities into home health and strengthening its operations in the long-term acute care space.

Centerbridge Partners Completes Acquisition of Civitas Solutions, Inc.

2019-03-08T19:59:29+00:00 March 8th, 2019|

BOSTON--(BUSINESS WIRE)--Civitas Solutions, Inc. (“Civitas” or the “Company”) (NYSE:CIVI) today announced that it has been acquired for $17.75 per share in cash by Celtic Intermediate Corp., an affiliate of Centerbridge Partners, L.P. and The Vistria Group, LP. The acquisition was first announced on December 18, 2018 and became effective today.

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

2019-03-07T16:14:39+00:00 March 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+00:00 March 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+00:00 March 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+00:00 March 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+00:00 February 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.

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