Lawrence, Evans & Co. Advises Sale of Medical Billing Company Focused on Home Health & Hospice

Advanced Hospice Management Acquires Healthcare Management and Billing Service to Form Advanced Revenue Cycle Management

June 1, 2023

Healthcare Services

Advanced Hospice Management (AHM), majority-owned by Perkin Industries, has acquired Healthcare Management and Billing Service, LLC (HCMBS). Delaine Henry (a nationally recognized hospice and home health billing expert) will become an owner and CEO of the combined business, which will be renamed Advanced Revenue Cycle Management (ARCM) to expand hospice, palliative and home health revenue cycle management capabilities across the United States.

Sustainable Medical Billing Acquires MedEvolve's RCM Services Business

September 3, 2025

Healthcare Services

Sustainable Medical Billing has acquired the revenue cycle management (RCM) services business from MedEvolve, allowing MedEvolve to focus exclusively on its AI-driven practice management and analytics products. The transaction transfers MedEvolve's service operations and client relationships to Sustainable Medical Billing, which will continue using MedEvolve's Practice Management system and Effective Intelligence suite to support clients and expand its Little Rock presence.

LifeCare Home Health Family Acquires Infinity Hospice Care

November 6, 2025

Healthcare Services

LifeCare Home Health Family has acquired Infinity Hospice Care, a family-owned hospice provider serving Nevada and Arizona. The deal expands LifeCare's hospice footprint into Arizona and adds Infinity's inpatient hospice unit in Las Vegas to LifeCare's capabilities.

LHC Group Acquires East Valley Hospice and East Valley Palliative Care (Mesa, AZ)

November 9, 2020

Healthcare Services

LHC Group, Inc. (NASDAQ: LHCG) agreed to purchase East Valley Hospice and East Valley Palliative Care in Mesa, Arizona, with the transaction expected to close January 1, 2021. The acquisition is expected to generate approximately $4.8 million of annualized revenue and expands LHC Group's in-home hospice and palliative capabilities in the Phoenix metro as part of its co-location growth strategy.

Creach Family Holdings Acquires HealthRev Partners

December 4, 2024

Healthcare Services

Creach Family Holdings, a privately held family investment firm, has acquired HealthRev Partners, a technology-enabled revenue cycle management (RCM) provider serving the home health and hospice market. The acquisition will integrate HealthRev's RCM capabilities with Creach's portfolio EMR platform Careficient to offer a combined suite of clinical and billing solutions for home health and hospice providers.

LHC Group Acquires Heart 'n Home Hospice

May 25, 2021

Healthcare Services

LHC Group, Inc. agreed to purchase Heart 'n Home Hospice, headquartered in Fruitland, Idaho, expanding its hospice footprint in Idaho and marking its initial entry into hospice services in Oregon. The deal includes three hospice providers operating 10 locations (six in southwestern Idaho and four in central/eastern Oregon), is expected to close July 1, 2021, and is expected to generate approximately $20 million of annualized revenue.