Amedisys Acquires Contessa Health

Amedisys Acquires Bring Care Home

November 2, 2018

Healthcare Services

Amedisys, Inc. acquired Bring Care Home, a privately owned personal care services provider serving the North Shore, Merrimack Valley and Greater Boston areas of Massachusetts. The deal (announced/closed in 2018) expands Amedisys’ personal care footprint in northeastern Massachusetts; the sell-side was advised exclusively by American Healthcare Capital.

Optum Offers to Combine With Amedisys

June 5, 2023

Healthcare Services

Optum has submitted an all-cash proposal to acquire Amedisys for $100 per share (a roughly 26% premium), aiming to combine Amedisys' home health, hospice and high-acuity capabilities with Optum's value-based care expertise. The proposal is all-cash, with no financing contingency, and is presented as providing full and certain value to Amedisys shareholders.

Addus HomeCare Acquires Tennessee Quality Care Operations

June 29, 2023

Healthcare Services

Addus HomeCare Corporation (Nasdaq: ADUS) has entered into a definitive agreement to acquire the entities comprising Tennessee Quality Care from American Health Partners. The acquisition adds approximately $40 million of annualized revenues, 17 locations serving an average daily census of ~1,800 patients across more than 50 Tennessee counties, and expands Addus' clinical presence in the state (home health, hospice and private duty nursing).

HouseWorks Acquires Associated Home Care (Amedisys' Personal Care Division)

February 15, 2023

Healthcare Services

HouseWorks, backed by InTandem Capital Partners, has acquired Associated Home Care—the Personal Care division of Amedisys—to expand its personal/in-home care footprint in the Northeast. HouseWorks will partner with eCaring and join the Amedisys personal care network to coordinate care across the combined footprints; Amedisys divested the unit to focus on its core home health, hospice and high-acuity businesses.

AMN Healthcare Acquires Connetics USA

May 16, 2022

Healthcare Services

AMN Healthcare has acquired Connetics USA, an international nurse and allied recruitment firm that assists candidates through immigration and licensure for direct-hire placements in U.S. healthcare settings. The deal expands AMN's International Staffing business and strengthens its pipeline of internationally trained nurses and allied professionals; Intrepid Investment Bankers LLC served as exclusive financial advisor to Connetics USA.

Aveanna Healthcare Acquires Comfort Care Home Health & Hospice for $345M

December 10, 2021

Healthcare Services

Aveanna Healthcare (NASDAQ: AVAH) completed the acquisition of Comfort Care Home Health & Hospice, a 31-location provider across Alabama and Tennessee, for $345.0 million (approximately $290.0 million net of estimated tax benefits). The deal expands Aveanna’s home health and hospice footprint in demographically attractive adult care markets and Comfort Care is expected to be fully integrated into Aveanna during 2022.