Home Health & Hospice Week
Industry Note:
Publicly Traded Chain Diversifies With Big Non-Medicare Buy
Published on Fri Jan 15, 2016
Chain Almost Family Inc. has acquired Natick, Mass.-based Long Term Solutions Inc., a large provider of in-home nursing assessments for the long-term care insurance industry. LTS, which generated about $16 million in revenue last year, will be included in Almost Family’s “rapidly developing Health Care Innovations Segment,” the Louisville, Ky.-based company says in a release. Almost Family acquired LTS for $20 million in cash, a $6 million note payable and $11 million in Almost Family stock, it says.
Other Articles in this issue of
Home Health & Hospice Week
- Face-To-Face:
CMS Issues Revised F2F Form As Confusion Reigns
MAC calls out agencies for not including physician records in ADR responses. Medicare officials are [...] - Compliance:
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Chain Almost Family Inc. has acquired Natick, Mass.-based Long Term Solutions Inc., a large provider [...] - Industry Note:
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