Legacy Care Companions acquires Superior Residence Well being and Superior Hospice of Texas

Legacy Care Companions – which additionally owns Superior Residence Care – has acquired Superior Residence Well being and Superior Hospice of Texas.

Phrases of the deal weren’t disclosed.

“We warmly welcome Superior Residence Well being and Superior Hospice to the Legacy Care Companions household,” Brian McDonald, president and CEO of Legacy Care Companions, stated in a press release. “This strategic acquisition positions us to increase our influence in Texas and guarantee extra communities have entry to the standard well being care companies they deserve.”

Based mostly in Wisconsin, Legacy Care Companions affords a variety of well being care companies in 4 states, together with Florida, Michigan and Texas.

It has considerably expanded its footprint by the acquisitions of Tremendous Residence Well being and Superior Hospice, because the latter has seven areas in Texas and serves 50 counties and 500 cities.

“As Superior approaches its twentieth anniversary, this enterprise mixture enhances and leverages synergies, increasing and strengthening the Superior model as a subsidiary of Legacy Care Companions,” Belinda Juarez, president of Tremendous Residence Well being and Superior Hospice, stated in a press release.

SSM Well being acquires Visiting Nurse Affiliation of Higher St. Louis

SSM Well being, a well being care system in Missouri, has acquired the Visiting Nurse Affiliation of Higher St. Louis.

Phrases of the deal weren’t disclosed.

“We’re excited concerning the alternative to hitch with this extremely revered healthcare group to additional increase entry to high-quality, compassionate healthcare companies throughout the continuum within the St. Louis area,” stated Denise Gloede, president of Continuum of Care at SSM Well being, a press release stated. “Collectively we will assist extra sufferers and households who rely on us.”

The Visiting Nurse Affiliation of Higher St. Louis affords a wide range of dwelling care companies, together with dwelling care, hospice, palliative care and personal care. It is going to now fall underneath the umbrella of SSM Well being at Residence.

SSM Well being, in the meantime, is a nonprofit well being care system that gives care in 4 states: Missouri, Illinois, Oklahoma and Wisconsin. Earlier than the acquisition, the group already had a house care and hospice operation.

“I couldn't be extra happy with the distinctive healthcare historical past we have now constructed at VNA and the choice to hitch SSM Well being was not taken calmly,” VNA President and CEO Nesa Joseph stated in a press release. “Our missions, values ​​and cultures are very comparable: targeted on collaboration between staff and physicians, steady high quality enchancment and patient-centered care with particular consideration to the poor and susceptible. In the end, we imagine SSM Well being is the fitting accomplice to make sure we proceed to fulfill the rising and evolving wants of the people and households we serve.”

Acquisition of NurseLine by IntellaTriage

Brentwood, Tennessee-based IntellaTriage has acquired NurseLine, a supplier of dwelling well being and hospice triage companies.

Phrases of the deal weren’t disclosed.

“NurseLine has constructed a exceptional fame for delivering high-quality hospice triage,” stated Daniel Reese, CEO of IntellaTriage, in a press release. “This acquisition aligns with our long-term objectives to enhance healthcare by superior know-how and knowledgeable scientific assist. Collectively, we’re properly positioned to supply unparalleled options to post-acute care suppliers, enhancing affected person outcomes, decreasing nurse burnout and rising operational effectivity.”

IntellaTriage takes care of triage shortages amongst nurses day and night time. It really works with healthcare suppliers, together with dwelling well being companies, to “cut back burnout and enhance the affected person expertise.”

In 2022, IntellaTriage obtained funding from Pacific Lake Companions, amongst others. Now, with the like-minded NurseLine underneath its belt, the corporate has begun to increase its attain.

“We’re excited to hitch forces with IntellaTriage, an organization that shares our dedication to delivering distinctive care to sufferers and their households, each hour of the day,” NurseLine CEO Devang Patel stated in a press release. “Collectively, we’ll proceed to redefine the way forward for after-hours care, offering healthcare suppliers with the assist companies they should ship high-quality, patient-centered care.”

Cigna divests Medicare Benefit enterprise

Cigna Group (NYSE: CI) is promoting its Medicare insurance coverage to Well being Care Service Corp., a Blue Cross Blue Protect insurer. The value tag was $3.7 billion.

Within the deal, Well being Care Service Corp. hiring roughly 600,000 Medicare Benefit plan members, along with Medicare beneficiaries who’ve Medicare-based prescription drug plans with Cigna.

Though the worth tag is excessive, Cigna was not a significant MA participant in comparison with its friends. For instance, UnitedHealth Group (NYSE: UNH) has almost 9 million MA beneficiaries, whereas Humana Inc. (NYSE: HUM) has virtually 6 million.

At one level, when Cigna and Humana had been contemplating merging, offloading the MA enterprise appeared like a solution to keep away from antitrust points. Nevertheless, these talks led to December and Cigna went forward with the sale anyway.

In the end, it looks as if the juice from the MA enterprise merely wasn't well worth the strain for Cigna.