Private Equity Investment in Hospice Hits All-Time High, Valuations Rising
Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets.
EVV Difficulties Creating M&A Opportunities for Addus Homecare Corporation
Over the last few months, Addus HomeCare Corporation (Nasdaq: ADUS) has had to deal with a challenging legislative environment and significant COVID-19 surges that have affected clients and caregivers alike.
HCA Healthcare to Aggressively Grow Broookdale Hospice Home Health Post-Sale
HCA Healthcare (NYSE: HCA) is expected pursue speedy growth for the hospice and home health business the company is set to acquire from Brookdale Senior Living (NYSE: BKD).
Webster Equity Partners Plans Sale of Bristol Hospice
Private equity firm Webster Equity Partners is considering the sale of Bristol Hospice, which operates 35 locations across 10 states, PE Hub has reported. Bristol’s EBITDA is in excess of $70 million, indicating that the company is about seven times larger than when Webster first acquired it in 2017...
Certificate of Need Markets Can Mean Big Business for Home Health Buyers, But Opportunities Are Growing Scarce
Home health mergers and acquisitions got off to a slow start in 2020, then picked up considerably by year’s end. Home health insiders are now predicting a big year for M&A activity in 2021, especially after COVID-19...
TCIV: M&A Firm ‘Extremely Bullish’ on Deals in 2021
While buyers likely will be viewing the marketplace through the lens of the COVID-19 pandemic until the midpoint of the year, a confluence of factors has the Braff Group, the mergers and acquisitions firm that specializes in healthcare services, feeling bullish about market activity in 2021, president...