Polsinelli

‘I Haven’t Seen Anything Cool Off’: Home Health Market Stays Hot Heading into 2022

Home Health, hospice and personal care dealmaking has continued its fast pace throughout 2021 after a COVID-19-induced dry spell last year. As the industry looks forward to 2022, one trend that may pick up steam is an uptick in small-scale transactions. In fact, deals that many buyers wouldn’t consider just a few years ago are …

‘I Haven’t Seen Anything Cool Off’: Home Health Market Stays Hot Heading into 2022 Read More »

Home-Based Care Providers Face Major Losses Ahead of Vaccine Mandates

Sign up for HHCN + to read this exclusive content. Individual Membership $400 per year Purchase Group 2–5 members$380 per year* Purchase Need more than 5 members? Contact us for more information. * per member Already a member? Login The post Home-Based Care Providers Face Major Losses Ahead of Vaccine Mandates appeared first on Home …

Home-Based Care Providers Face Major Losses Ahead of Vaccine Mandates Read More »

The Biggest Regulatory, Policy ‘Wins’ for Home-Based Care in Recent Memory

Trade groups, providers and individuals have always advocated on behalf of the home health and home care sectors. In doing so, stakeholders have confronted both wins and losses along the way. Some of those milestones are old. Some of them — especially with the onset of the ground-shaking COVID-19 pandemic last year — are fresh …

The Biggest Regulatory, Policy ‘Wins’ for Home-Based Care in Recent Memory Read More »

Value-Based Care, PDGM Sparks Home Health Dealmaking Activity

The home health market has been a hotbed of M&A activity as of late, and there are a number of key factors sparking the dealmaking interest. Since its implementation in 2020, the Patient-Driven Groupings Model (PDGM) has loomed large in the home health space. Now, PDGM is a driving force behind much of the transaction …

Value-Based Care, PDGM Sparks Home Health Dealmaking Activity Read More »

White House Takes on Non-Compete Agreements, Potentially Hurting Home-Based Care Employers

President Joe Biden’s recent executive order on “Promoting Competition in the American Economy” has, overall, 72 separate initiatives that it is looking to push forward. But one of the main ones takes on something that is very prevalent in home-based care, often from the executive level on down: non-compete agreements. Specifically, the executive order requests …

White House Takes on Non-Compete Agreements, Potentially Hurting Home-Based Care Employers Read More »

State Bill Aiding Unionization in Home-Based Care Could ‘Set a Precedent’ Nationwide

Traditionally, the home-based care world has been mostly void of massive unionization efforts among its workers. But that could change soon, thanks to a new ruling out of California related to “Assembly Bill 2455,” which the state passed in 2018. The bill aims to allow home-based care workers’ contact information to be unveiled, which gives …

State Bill Aiding Unionization in Home-Based Care Could ‘Set a Precedent’ Nationwide Read More »

Home Health Buyers, Sellers Headed Toward Frenzied Finish to M&A in 2020

Charter Health Care Group — a PE-backed post-acute care platform company with multiple locations across five states — announced Tuesday the acquisitions of both Vitality Home Healthcare and Heartwood Home Health & Hospice. The news comes less than two weeks after Bridges Health Services similarly announced a series of transactions at the start of October. …

Home Health Buyers, Sellers Headed Toward Frenzied Finish to M&A in 2020 Read More »

Health Care Bankruptcies Hit Record High, But Home Health Care’s Financial Future Remains Murky

An increase in bankruptcy filings in the second quarter of 2020 paints a bleak picture for the health care world, both on near- and long-term bases. But the impact of that financial distress on home health providers remains difficult to gauge. In part, it’s challenging to gauge how home health providers will respond in a …

Health Care Bankruptcies Hit Record High, But Home Health Care’s Financial Future Remains Murky Read More »

PPP Tax Debate Could Cost Home-Based Care Agencies in the Long Run

Home-based care providers who received loans under the Paycheck Protection Program (PPP) could face unexpected expenses when it comes time to file their 2020 taxes. That is, unless the government intervenes. “Congress clearly intended that PPP funds would be nontaxable,” Leon LaBrecque — a lawyer, accountant and chief growth officer at Sequoia Financial Group — …

PPP Tax Debate Could Cost Home-Based Care Agencies in the Long Run Read More »

How to Draft an M&A Agreement When PPP Loans Are Involved

Smaller home-based care agencies could be forced to close their doors as a result of the coronavirus, creating merger-and-acquisition opportunities for larger providers in the space.  However, the Paycheck Protection Program (PPP) adds a new layer of complexity to some of those M&A opportunities, specifically if an acquisition target is the recipient of a PPP …

How to Draft an M&A Agreement When PPP Loans Are Involved

Read More »

Buyer Beware: Factors Home-Based Care Providers Should Consider Before Acquiring PPP Recipients

Pre-coronavirus, the home health and home care industries were already poised for historic consolidation, thanks to the Patient-Driven Groupings Model (PDGM), rising minimum wages and other operational pressures. Industry leaders predict that the COVID-19 emergency will only drive M&A further going forward. However, home-based care businesses interested in picking up new agencies should heed caution, …

Buyer Beware: Factors Home-Based Care Providers Should Consider Before Acquiring PPP Recipients Read More »