High Hospice Valuations Shift Amedisys M&A Toward Home Health

Amedisys will hone its acquisitional focus more toward the home health care space heading into next year, Hospice News reports. Soaring valuations in hospice, along with a crowded market and the complexity of integrating these assets are among the factors pulling the company’s gaze, according to CEO Paul Kusserow.

The hospice merger and acquisitions market has been hot in recent years, with a rising volume of deals taking place and record-high valuations outpacing those in other health care sectors. Multiples in the hospice and home care space hit a record 26x, according to a report by PwC’s Health Research Institute. Read more.

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StoneBridge Healthcare makes Care New England $550M Bid

Rhode Island Attorney General Peter Neronha last week denied the application for the merger of Lifespan and Care New England, saying the merged company would have so much market power that it would be in violation of state and federal antitrust laws.