News

Why You Should Always Be Preparing to Sell Your Company

You already know that, from a mergers and acquisitions perspective, health care IT is on FHIR (see what we did there?).  What you may not know is how to go about tapping into the market – the timing, the buyers, the valuation, the process – any one of which can make the difference between

Health Care M&A Surged in 2017 Among Providers Big and Small

2017 was a strong year for hospitals and health systems regarding mergers in acquisitions. According to Skilled Nursing News, there were 115 health care deals - up from 102 transactions in 2016. Home Health and Hospice Managing Director Mark Kulik explains that a lot of providers are looking to diversify and add home health or

Why Acquisition Interest in Health Care IT Has Gone From Hot to Positively Scorching

The sun, the moon, the stars, and health care economic policy are in near perfect alignment to produce unprecedented consolidation opportunities in health care information technology. Recently, Dexter Braff, President of The Braff Group, one of the nations leading health care M&A advisory firms, sat down with the hosts of The #HCBiz Show podcast

Recent Transaction: Behavior Care Specialists, Inc. acquired

Dallas, Texas and Nashville, Tennessee, January 24, 2018 - Pharos Capital Group, LLC ("Pharos"), through its Family Treatment Network platform ("FTN"), has acquired Behavior Care Specialists ("BCS"), based in Sioux Falls, SD, the firm announced today. BCS is an outpatient treatment provider of autism spectrum disorder services based on the principles of Applied Behavior

Buckle up, 2018 is going to be ‘huge’ for M&A, analysts say

After an exceptionally strong 2017 (18 transactions in the third quarter), expect to see continued mergers and acquisitions interest in 2018. Managing Director Pat Clifford spoke with HME News about why this year will be so robust for the sector. “I think both buyers and sellers are getting comfortable with where true valuations are. Valuations aren’t

Recent Transaction: Bower Management Services, LLC acquired

PITTSBURGH, February 28, 2018 — Seven Hills Capital, LLC (“Seven Hills”) is pleased to announce that it has formed VersiCare Group through a partnership with Bower Management Services (ExpertCare)’s senior management team. The Braff Group originated the transaction and served as the exclusive mergers and acquisitions advisor to Bower Management Services. ExpertCare is the

Recent Transaction: Pyramid Home Health Services acquired

Jordan Home Health Services announced its acquisition of Pyramid Home Health Services, a provider of home health, long term care, and hospice services across the state of Missouri. The transaction allows Jordan to provide services in Missouri, Texas, Oklahoma, Arkansas, and Louisiana to nearly 40,000 patients on a daily basis. The Braff Group served

Good signs? Tell me more

In the latest issue of HME News, information gathered by The Braff Group shows mergers and acquisitions activity for the HME sector increased in 2017, specifically during the third quarter. Because of the national competitive bidding pricing from Medicare, there's no longer much room remaining for additional cuts, meaning a boost in interest from

The Case for Unprecedented Innovation and Consolidation

The Braff Group is pleased to announce the formation of a dedicated Health Care Information Technology (HIT) Advisory Board. We have convened this esteemed group of industry thought leaders to tap into their broad and diverse knowledge base in the highly complex and dynamic HIT market. We look forward to consulting and working with this unparalleled

Experts forecast 2018 as another big year of home health transactions

With the recent announcement of Kindred being acquired by Humana and other transactions in the year, 2017 proved to be a busy year in home health mergers and acquisitions. There were 56 transactions in 2016 and 51 transactions in 2015, meaning 2017 will end on a much higher note - approximately 70 home health