Encompass Health To Acquire Alacare Home Health & Hospice for $217.5 Million

April 1st, 2019|

Encompass Health Corporation (NYSE: EHC) announced Monday that it has reached a definitive agreement to acquire “substantially all of the assets” of Birmingham, Alabama-based Alacare Home Health & Hospice. Under terms of the deal, Encompass Health will pay $217.5 million for the privately-owned company, SEC filings show.

HomeCentris Healthcare, LLC Announces the Acquisition of Personal Touch Home Care of Baltimore, Inc

March 22nd, 2019|

BALTIMORE - March 22, 2019 - PRLog -- HomeCentris Healthcare, LLC ("HomeCentris") a Maryland leader in providing home-based health care solutions, today announced it has entered into a definitive agreement to acquire Personal Touch Home Care of Baltimore, Inc. ("Personal-Touch Baltimore") the Maryland home health operations of Personal-Touch Home Care, a national skilled home health and non-skilled home care provider. Personal-Touch Baltimore has operated in Maryland for nearly 40 years. The acquisition is subject to regulatory approval and normal closing conditions. Personal-Touch Baltimore is licensed in six Maryland counties and has relationships with many institutional payors, both of which will significantly expand the reach of HomeCentris. HomeCentris is currently Maryland's largest independent Medicaid home care provider with four offices throughout the state. This acquisition will allow HomeCentris to layer in skilled home health services to many of its existing clients and new clients throughout central Maryland. HomeCentris welcomes the Personal-Touch Baltimore team and looks forward to integrating them into the HomeCentris family. Together, the combined company will be a strong player in the Maryland home care market.

Vizion Healthcare LLC Acquires Panola Medical Center in Batesville, Mississippi

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

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

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.

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

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

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

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.

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