Q3 2024 Home Health & Hospice Update
Q3 2024 Home Health & Hospice Update
M&A activity in the home health and hospice sector remained steady in Q3 2024, with continued strategic divestitures across the space. Over the past 18 months, several key transactions have shaped the landscape, including HouseWorks’ acquisition of Amedisys’ Personal Care Division, Addus HomeCare’s purchase of Gentiva’s Personal Care Division, and HCS-Girling’s acquisition of Addus’ New York operations. This trend persisted through Q3, with several organizations refocusing on core markets and services to improve operational performance, enhance patient care, and unlock synergies that drive sustainable growth.
While traditional recaps and full exits will continue, Provident anticipates more targeted divestitures and strategic acquisitions shaping the near future of the post-acute sector.
Looking ahead, the expected completion of the United-Amedisys transaction and rumors surrounding the sale of PE-backed Three Oaks Hospice are poised to further catalyze M&A activity.
To print and download the full Home Health & Hospice Update report, please click below…
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