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Home Health & Hospice Week

Mergers & Acquisitions; Home Health Deals Continue To Build

Published on Fri Apr 02, 2010

Check out the decade's largest home health transactions. Despite uncertain Medicare reimbursement and other pitfalls, there have been some blockbuster prices paid for home care providers in the past decade. More than $7.5 billion funded 459 publicly announced mergers and acquisitions in the home care market from 2000 through the end of 2009, says M&A analysts Irving Levin Associates. The largest deals were in the home medical equipment sector, with The Blackstone Group buying Apria Healthcare Group for nearly $1.6 billion in 2008 and Walgreen Co. buying Option Care Inc. for $850,000 in 2007, Irving Levin notes in a release. While no other home health agency or hospice deal has reached the $1 billion mark being set by the Gentiva Health Services-Odyssey HealthCare Inc. acquisition (see related story, this page), other big HHA and hospice deals include: • Gentiva buying The Healthfield Group for $454 million in 2006; • Roto [...]
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