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Covenant Care Deal a Growth Engine for VITAS

Hospice News

In April, VITAS acquired Covenant’s hospice operations as well as one assisted living facility in an $85 million deal. Covenant was VITAS’ first deal in several years, but more are likely on the way, Westfall indicated. The post Covenant Care Deal a Growth Engine for VITAS appeared first on Hospice News. year over year. “We

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NAHC, NHPCO Ink Deal Completing Affiliation

Hospice News

to ink the deal. The post NAHC, NHPCO Ink Deal Completing Affiliation appeared first on Hospice News. The affiliation joins two of the largest organizations representing, educating and advocating for home health and hospice providers that serve millions of disabled, elderly and dying Americans across the country.

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Amedisys to Sell 100 Locations to Advance UnitedHealth Group Deal

Hospice News

Department of Justice (DOJ) is mulling a possible lawsuit to block the acquisition, citing potential antitrust issues related to the deal. Last August, the DOJ began investigating potential antitrust concerns related to the Amedisys-Optum deal. A federal court eventually allowed that deal to proceed. This followed its $5.4

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UnitedHealth, Amedisys Deal Deadline Extended

Hospice News

Last summer, the DOJ began investigating potential antitrust concerns related to the deal. A federal court eventually allowed that deal to proceed. The post UnitedHealth, Amedisys Deal Deadline Extended appeared first on Hospice News.

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Amedisys Expects to Close UnitedHealth Group Deal By Q4

Hospice News

VitalCaring also acquired some Unitedhealth Group (NYSE: UNH) care centers in the deal. However, the deal is contingent upon the closure of Optum’s Amedisys transaction, the SEC filing indicated. Following this action, Amedisys noted in the filing that it now expects the deal to close in the second half of 2024.

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Addus Pulling Back on Hospice Deals

Hospice News

The Gentiva acquisition is currently undergoing standard regulatory review processes, and the deal is projected to complete in the fourth quarter of this year, according to Dirk Allison, chairman and CEO of Addus. The post Addus Pulling Back on Hospice Deals appeared first on Hospice News. Addus’ hospice census rose 1.7%

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2025 Could See Uptick in Hospice M&A, Less ‘Deal Fatigue’

Hospice News

Hospices seeking a potential sale have varying “playbooks” for how a deal is structured, weighing many operational and financial considerations alongside care delivery impacts, Warren said at the National Association for Home Care & Hospice’s (NAHC) Financial Management Conference in Las Vegas.

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