Another Agency Sold!
NEW – Dallas, Texas – Epic Health Services Inc., a Dallas-based provider of pediatric skilled nursing and therapy, announced today that it has a
cquired pediatric and adult home care provider Unifour Nursing, based in Newton, North Carolina. Brian Bruenderman and Benjamin Bogan, Partners provided sell-side advisory services. See below for additional new sales.
VISIT US AT NAHC
We are all here in Nashville for the big annual NAHC Conference at the Gaylord. Tomorrow we will be at our booth 645…meeting and greeting. Stop by and say hi. To schedule a private meeting call me, Don Cummins, on my cell – 239-980-7456.
Joe Lynch, One of our Partners, Authors a Book!
Joe’s new book, “Finding Dad”, combines amusing and interesting stories about his many years in home care, along with fascinating stories about his father, a World War II fighter pilot. If you are in home care, and/or have an interest in WWII history you will enjoy this book, which we are shamelessly promoting. For more information and to order Joe’s book click here: Finding Dad
MORE AGENCIES AND HOSPICES SOLD!
NEW – ON CONTRACT – Bayonne, NJ: Almost Family, Inc (NASDAQ:AFAM) announced that it has entered into an agreement to acquire the assets of the Medicare-certified home health agency owned by Bayonne Visiting Nurse Association in Bayonne, NJ.
Brian Bruenderman, one of our partners, provided sell-side advisory services.
The agency generated approximately $4 million of revenue in 2014. The transaction is expected to close before the end of 2015, subject to regulatory approvals.
NEW- Orlando, Florida: Preferred Home Health Services, a Medicare certified home health agency sold to a large senior care provider. Charles Cook, one of our partners, provided sell-side advisory services.
NEW – DeBary, Florida: Assure Home Health, a Florida Medicare certified home health agency sold to a Florida Senior Care Provider. Charles Cook, one of our partners, provided sell-side advisory services.
NEW – Quincy, Illinois: CareLink, Inc, a non-Medicare home care provider sold to a regional healthcare company. Rhonda Gronberg, our Director of Development, provided advisory services.
Hackensack, New Jersey: Elite Healthcare, Inc. sold to a regional home care provider, Brian Bruenderman, one of our partners, provided sell-side advisory services.
Louisville, Kentucky: Kindred Healthcare divested their Gentiva and Kindred home health agencies in Utah. Benjamin Bogan and Brian Bruenderman, two of our partners, provided sell-side advisory services.
Cherry Hill, New Jersey: Lighthouse Hospice, Inc. sold to a regional hospice provider. Congratulations to Elaine Ashby for building such a fine business. Brian Bruenderman, one of our partners, provided sell-side advisory services.
Phoenix, Arizona: Good Life Home Care, a Medicare certified home care agency, sold to a regional health care provider. Ben Bogan, one of our partners, provided sell-side advisory services.
Providence, Utah: Access Home Care & Hospice sold to a regional healthcare provider. Stoneridge Partners provided sell-side advisory services.
Chicago, Illinois: Home Health & Hospice of Illinois, a large Medicare home health agency and hospice sold to a regional home care provider. Stoneridge Partners provided sell-side advisory services.
Springfield, Virginia: Americare In Home Nursing, Inc., a leading Medicare-certified provider of skilled home health nursing and therapy services, with agencies in Springfield, VA, Ft. Washington, MD, and Washington, DC, sold to a regional home care provider. Brian Bruenderman, one of our partners, provided sell-side advisory services.
Joe Lynch, Ben Bogan, and Brian Bruenderman, our Stoneridge Partners meet at the recent NAHC Financial Conference in Nashville
NAHC Annual: Join us in Nashville October 28-30. For the 12th straight year we will be exhibiting at NAHCs Annual Conference & Exhbition. NAHC Annual Conference
South Carolina: Join us at the South Carolina Home Care & Hospice annual conference at Hilton Head. November 2-3 at the Sonesta Resort. Ben Bogan, one of our partners, will be giving a presentation titled “Massive Mergers & Acquisitions – What Does it Mean to You?” South Carolina Conference
Las Vegas – Decision Health’s Private Duty conference- November 16-18 at the newly remodeled Tropicana Resort. Come on out to ‘Vegas, have a great time and get an update on Private Duty M&A. Private Duty Conference
At all of these conferences we will be setting up confidential meetings with buyers and sellers of home care agencies and hospices.
WE JUST RETURNED FROM:
Ohio: at the Ohio Council for Home Care & Hospice annual conference Brian Bruenderman gave a very well received presentation titled “M&A Update for Home and Hospice Care Agencies”.
Maryland: at the Maryland National Capital Homecare Association’s annual conference in Baltimore. Ben Bogan, one of our partners, gave a very entertaining presentation titled “M&A Update for Home and Hospice Care Agencies”.
Pennsylvania: For their Financial Management Conference. Brian Bruenderman and Ben Bogan, two of our partners, gave a well received presentation titled “Wading into the Dating Pool: How to Make Your Agency More Attractive to MCOs, ACOs, and Other Partners.
Texas – August 12 -13 in Galveston for TAHC’s 46th Annual Meeting.. Joe Lynch, our partner that manages our Dallas office met with many buyers and sellers of home care agencies and hospices.
Florida at HCAFs 26th annual conference and trade show, where we gave our presentation titled “Massive Mergers & Acquisitions….What does it mean to you”.
NAHC Financial Annual Conference June 28-30th in Nashville. This was a well attended conference with several high quality presentations.
Southwest/Gulfcoast Regional Home Care & Hospice Conference. New Orleans, June 2 – 3rd. On June 3rd at 2:45 pm we will be giving a presentation and update on the state of Home Care & Hospice M&A……and meet Joe Lynch, one of our partners who has recently opened our new Dallas office Southwest/Gulfcoast Conference.
Arlington, Virginia: ANCOR’s 2015 annual Conference, ANCOR, The American Network of Community Options, is a national non-profit trade association representing more than 800 private community providers of services to people with disabilities. Combined they serve over 400,000 individuals with disabilities. ANCOR 2015 conference
Raleigh-Durham, NC, April 27th – 29th for the Association for Home & Hospice Care of North Carolina’s Annual conference, where Brian Bruenderman and Ben Bogan, two of our partners, gave their always popular presentation on “Building the Value of a Homecare or Hospice. AHHC of NC
Washington, DC, April 30 – May 2 for the National Hospice & Palliative Care Organization’s (NHPCO) 30th Management and Leadership Conference. NHPCO Conference.
If you are even considering a sale, give us a call for a confidential conversation.
WEBINAR: On a regular basis we give a presentation on our process for selling an agency or hospice to individual business owners through “gotomeeting.com”. Give us a call to schedule yours.
HOME HEALTH INDEX:
Check out our web feature, a tab on our front page titled Home Health Index. We have indexed the stock prices of the three major public Medicare companies. We think you will find the results interesting.….
Some of our favorites from the New Yorker