Brookdale Senior Living

LHC Group to Acquire Home Health Assets in 22 States from HCA-Brookdale Venture

LHC Group Inc. (Nasdaq: LHCG) has already hit a record year for M&A activity. It added to its streak in a major way on Wednesday, announcing an agreement to purchase Brookdale Health Care Services agencies in 22 states from the recently formed venture between Brookdale Senior Living Inc. (NYSE: BKD) and HCA Healthcare (NYSE: HCA). …

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‘Significant, Transformational Changes’: Brookdale Hands Off Home Health Business

Brookdale Senior Living Inc. (NYSE: BKD) used to be one of the largest home health providers in the country, thanks to its health services segment. Moving forward, it won’t be. HCA Healthcare (NYSE: HCA) — one of the largest hospital systems in the U.S. — purchased 80% of that segment, with the deal official as …

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After Closing Brookdale Deal, HCA Healthcare Continues to Show Home Health Potential

The day before it officially closed on its deal to acquire 80% of Brookdale Health Care Services (NYSE: BKD), HCA Healthcare (NYSE: HCA) finished a financial quarter that showed significant recovery for the behemoth hospital chain — and then some. As COVID-19 concerns waned for patients, admissions and revenue soared for HCA, which is set …

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Transactions: HCA Healthcare Completes $400M Deal with Brookdale; LHC Group Announces New Acquisitions

HCA Healthcare Inc. (NYSE:HCA) has completed its purchase of a majority stake in the home health and hospice business of Brookdale Senior Living Inc. (NYSE: BKD). Originally announced in February, the deal instantly turns HCA into one of the largest home health and hospice players in the country. “We view partnerships as foundational to our …

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Home Health Providers to Watch in 2021

The COVID-19 pandemic delayed the ambitious plans of most home health providers. Now nearly halfway into 2021, many are picking up right where they left off, with a few key players doubling down on innovation and betting big on the future of home-based care. There are plenty “home health providers to watch” as the rest …

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Occupancy Gains Could Boost Brookdale’s Home Health Business with HCA Takeover Pending

When Brookdale Senior Living Inc. (NYSE: BKD) was looking at prospective buyers of its home health and hospice segment, it was in a vulnerable position. Its home health business had been “disappointing” at times, in the words of Brookdale President and CEO Cindy Baier. Occupancy in its senior living segment was falling during the COVID-19 …

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Skyrocketing Home Health Demand, Better Care Coordination Drove HCA Healthcare to Brookdale

HCA Healthcare (NYSE: HCA) is the largest health system in the U.S. That scale alone has made its entrance into the home health space worth paying attention to. In February, HCA announced that it had entered into a definitive agreement to acquire a majority stake in Brookdale Senior Living’s (NYSE: BKD) up-and-down home health and …

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Brookdale’s Home Health Business May Look ‘Drastically Different’ Under HCA Healthcare

In late February, HCA Healthcare (NYSE: HCA) announced it had entered into a definitive agreement to acquire a majority stake in Brookdale Senior Living’s (NYSE: BKD) home health and hospice business. A for-profit operator of health care facilities like HCA wanting to ride home health tailwinds isn’t surprising. But HCA is a completely new — …

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Why the $400M HCA Deal Is a ‘Win-Win Transaction’ for Brookdale

Brookdale Senior Living Inc. (NYSE: BKD) revealed Wednesday that it’s selling an 80% stake in its health care services business to HCA Healthcare (NYSE: HCA) for $400 million. At first glance, the transaction could be interpreted as a savvy move that enables Brookdale to cash in on its sizable home health, hospice and outpatient therapy …

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Brookdale Selling Majority Stake in Home Health Business to HCA Healthcare

Brookdale Senior Living Inc. (NYSE: BKD) announced Wednesday it has entered into a definitive agreement to sell a majority stake in its home health, hospice and outpatient therapy business. As part of the transaction, the Brentwood, Tennessee-based Brookdale will partner with HCA Healthcare (NYSE: HCA), a for-profit operator of health care facilities that has more …

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The Top 10 Largest Home Health, Hospice Providers in 2020

Kindred at Home remained at the top of the home health care mountain in 2020, checking in as the largest provider in the country, according to the latest annual ranking from LexisNexis Risk Solutions. Kindred specifically captured nearly 6% of the national market share last year. Kindred at Home is part of Humana Inc. (NYSE: …

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Brookdale Senior Living Reportedly Exploring Sale of Home Health and Hospice Businesses

After falling short on Q3 projections and seeing revenue dip year over year, Brookdale Senior Living (NYSE: BKD) is reportedly considering divesting its home health and hospice segments. COVID-19’s impact on the company has created financial pressures that it hopes to mitigate, PEHub Reported Monday. Those pressures could feasibly be made up, in part, through …

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Recovering Home Health Business Remains a ‘Significant Asset’ for Brookdale

Brookdale Senior Living Inc. (NYSE: BKD) was focused on rebuilding its home health census during Q2 of this year. In Q3, its home health census began increasing again, but it remains down overall on a year-over-year basis. The Brentwood, Tennessee-based company’s home health average daily census took a hit earlier in the year due to …

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Despite Ongoing Operational Challenges, Brookdale Rebuilding Home Health Census

Brookdale Senior Living Inc. (NYSE: BKD) has performed over 100,000 COVID-19 tests across 44 states since the public health emergency began. It has been doing that while rebuilding its home health patient census, which took a substantial hit due to elective surgeries shutting down in spring. Brentwood, Tennessee-based Brookdale operates and manages more than 730 …

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