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NEWS 2018-12-14T21:01:37+00:00

INDUSTRY NEWS

Varsity Healthcare Partners Completes Investment in Ideal Option

October 2nd, 2018|

NEW YORK--(BUSINESS WIRE)--Varsity Healthcare Partners (“VHP”), a leading lower middle-market private equity firm focused on healthcare services, announced today the completion of an investment in Ideal Option, a leading provider of Medication-Assisted Treatment (“MAT”) and behavioral counseling services for individuals suffering from Opioid Use Disorder (“OUD”). The partnership with VHP will provide strategic assistance and growth capital to facilitate Ideal Option’s mission of expanding affordable, effective and evidence-based treatment access to communities devastated by the national opioid epidemic.

Nova Leap Health Corp. Completes Purchase of Third Massachusetts Home Care Business

October 1st, 2018|

HALIFAX, Nova Scotia, Oct. 01, 2018 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) ("Nova Leap" or “the Company”), a company focused on the home health care industry, has completed the acquisition of the business assets of Comprehensive Home Care (“the Vendor”) located in Deerfield, Massachusetts. The $1.6 million purchase price was paid with $0.61 million in cash, a $0.75 million demand loan from a Canadian Schedule 1 Bank and a $0.24 million promissory note issued to the Vendor. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 20, 2018. All amounts are in United States dollars (“USD”) unless otherwise specified.

Regent Acquires Loving Touch Home Care

September 26th, 2018|

Regent Healthcare — one of the largest, non-franchised home care agencies in central Maryland — has completed its acquisition of Loving Touch Home Care. Financial terms of the deal were not disclosed.

Sonas Home Health Care Has Acquired Advanced Nursing Solutions

September 20th, 2018|

DELRAY BEACH, Fla., Sept. 20, 2018 /PRNewswire/ -- Sonas Home Health Care ("Sonas"), a portfolio company of Boyne Capital, has successfully completed its acquisition of Advanced Nursing Solutions ("ANS" or "Company"). ANS, a Tampa-based pediatric home-care provider, has served medically fragile children in the Tampa Bay area for over 20 years. During this time, ANS has developed long-standing relationships with families, caregivers, and healthcare professionals critical to the wellbeing of its patients. These relationships, coupled with a commitment to quality care, make ANS an invaluable addition to the Sonas family.

AccentCare Now Largest Texas-Based Continuum Home Care Provider in Texas

September 13th, 2018|

AccentCare, Inc., a nationwide leader in post-acute healthcare, acquired Accolade HomeCare and Hospice, effective August 31, 2018, making its regional Texas Home Health operations the largest Texas-based post-acute care provider offering full-continuum home care in the state including home health, hospice, and personal care services.

Care Advantage buys Direct Home Health Care

September 10th, 2018|

Care Advantage Inc, a portfolio company of BelHealth Investment Partners LLC, has acquired Direct Home Health Care. Financial terms weren’t announced. Direct Home Health provides in-home personal care services primarily to Medicaid recipients from two locations in Virginia, Portsmouth and Newport News.

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