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… Read More »Brookdale’s Home Health Business May Look ‘Drastically Different’ Under HCA Healthcare
The state of California is suing Brookdale Senior Living for alleged patient safety violations at 10 nursing homes in the state and for providing false data to boost its CMS star rating. Brookdale denies both claims.
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… Read More »Why the $400M HCA Deal Is a ‘Win-Win Transaction’ for Brookdale
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),… Read More »Brookdale Selling Majority Stake in Home Health Business to HCA Healthcare
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… Read More »The Top 10 Largest Home Health, Hospice Providers in 2020
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.… Read More »Brookdale Senior Living Reportedly Exploring Sale of Home Health and Hospice Businesses
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… Read More »Recovering Home Health Business Remains a ‘Significant Asset’ for Brookdale
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… Read More »Despite Ongoing Operational Challenges, Brookdale Rebuilding Home Health Census