There is a wave of private equity investment that is sweeping the Autism and ABA services industry across the nation, especially over the last two years. Dexter Braff spoke with Sr Plus, explaining what private equity is and how the field is rapidly changing as a result.
A large number of hospitals and health systems are expanding their home health businesses through partnering or acquiring home health agencies. From 2016 to 2018, 177 of these hospitals or health systems acquired home health care companies.
MsRx, a specialty pharmacy located in Atlanta Georgia, was acquired by Encompass Rx, a division of CVS Health, a publicly traded diversified healthcare company. MsRx has a focus on serving patients with Multiple Sclerosis. The transaction enhances the existing CVS pharmacy business in Georgia and surrounding states.
Care Resource, a local provider of skilled home health nursing in Rhode Island and Southern Massachusetts, was acquired by Encompass Health, a publicly traded company focused on inpatient and home-based care that helps patients achieve life-changing results. The transaction expands Encompass Health's home health footprint into Rhode Island and will enhance its existing Massachusetts operations.
A large number of hospitals and health systems are expanding their home health businesses through partnering or acquiring home health agencies. From 2016 to 2018, 177 of these hospitals or health systems acquired home health care companies.
The temporary ban on the Medicare Provider Enrollment Moratoria became effective last month. It's expected that this move by CMS will allow agencies to improve patient access to home-based care. Managing Director Mark Kulik spoke with Home Health Care News regarding the positive impact this will have in the industry. “I think competition is what’s
Drug Channels, using data from The Braff Group, provided information regarding the specialty pharmacy deals in 2018. As more transactions occurred in 2018 compared to 2017 (and more deals in 2017 compared to 2016), the market remains very active and will continue to see more exits in 2019. Click here to read
Beacon Specialized Living Services, Inc. (“Beacon”), a portfolio company of Pharos Capital Group, announced today it has acquired Owakihi, Inc., (“Owakihi” or “the Company”). Founded in 1978, Owakihi is a leading Minnesota provider of home and community-based support services to individuals with intellectual and developmental disabilities (I/DD) and mental health needs, focusing on personalized
2018 was another vigorous year for mergers and acquisitions in home health markets. Home Health and Hospice Managing Director Mark Kulik recently spoke to Home Health Line regarding the deal activity for the year, some of the bigger acquisitions, and what agency owners can do moving forward to make their company profitable for a pending sale. “It’s the
Pediatric Home Service, an independent comprehensive home care provider has partnered with InTandem Capital Partners, LLC, a healthcare services-focused private equity firm, to expand existing service lines both locally and nationally. The Braff Group served as PHS’s financial advisor.
