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Healthcare & Life Sciences Private Equity Deal Tracker: WindRose Acquires CardioOne 

WindRose Health Investors has announced its acquisition of CardioOne. CardioOne, founded in 2023 and based in Houston, is a management services partner and technology platform designed for independent cardiology...more

A View From the Top: Joel Theisen of Lifespark

The interview below is part of a McGuireWoods series featuring interviews with C-suite leadership of private equity-backed portfolio companies. To recommend a leader for a future interview, email Holly Buckley at...more

Healthcare & Life Sciences Private Equity Deal Tracker: THL to Take Agiliti Private

Thomas H. Lee Partners (THL) will take portfolio company Agiliti private, according to a news release. THL is currently Agiliti’s majority shareholder....more

Coalesce Capital Closes Inaugural Fund With $900 Million

Coalesce Capital has announced the closing of its inaugural fund with more than $900 million in commitments. The fund, Coalesce Capital Fund I, was oversubscribed, exceeding its $750 million initial target....more

Healthcare & Life Sciences Private Equity Deal Tracker: Linden to Sell Specialty Networks to Cardinal Health for $1.2 Billion

Linden Capital Partners has announced it will sell Specialty Networks to Cardinal Health for $1.2 billion in cash. Specialty Networks, founded in 2018 and based in Cleveland, is an integrated, multi-specialty...more

Healthcare & Life Sciences Private Equity Deal Tracker: HealthEdge Invests in Radsource

HealthEdge Investment Partners recently announced an investment in Radsource. Radsource, based in Brentwood, Tenn., is a provider of subspecialty orthopedic and neurological MRI interpretations....more

Healthcare & Life Sciences Private Equity Deal Tracker: RoundTable Invests in EHOB

RoundTable Healthcare Partners has announced it has invested in EHOB. EHOB, founded in 1985 and based in Indianapolis, specializes in the development of pressure injury prevention and patient positioning solutions....more

NewSpring Closes Healthcare Fund With More Than $180 Million

NewSpring has announced it has closed its latest fund with more than $180 million in commitments....more

Healthcare & Life Sciences Private Equity Deal Tracker: H.I.G. to Acquire ZimVie’s Spine Business for $375 Million

H.I.G. Capital has agreed to acquire the spine business of ZimVie (Nasdaq: ZIMV) for $375 million, according to a news release....more

Healthcare & Life Sciences Private Equity Deal Tracker: New State Acquires Agility Recovery Services

New State Capital Partners has announced it has acquired Agility Recovery Services. Agility, based in Atlanta, is a provider of business continuity and disaster recovery services for healthcare organizations and...more

CMS Extends 36-Month Rule to Medicare-Enrolled Hospices

On Nov. 13, 2023, the Centers for Medicare & Medicaid Services (CMS) finalized its 2024 home health rule, which includes certain changes applicable to Medicare-enrolled hospices. This rule initially was proposed June 30,...more

CMS Increases Oversight and Scrutiny of Hospices

In its continued effort to curb fraud and abuse in the hospice industry, on Aug. 22, 2023, the Centers for Medicare & Medicaid Services (CMS) announced it was making unannounced site visits to every Medicare-enrolled hospice...more

California Proposes Rules Clarifying Notice and Review Requirements for Health Care Transactions

On July 31, 2023, the California Office of Health Care Affordability (OHCA) issued proposed regulations requiring health care entities to notify OHCA about material transactions at least 90 days prior to closing. McGuireWoods...more

Private Equity in Healthcare – An Updated Review of Selected Niche Investment Areas

Since mid-2022, the macro acquisition environment has faced the challenges of inflation and increasing interest rates, among a variety of other headwinds. Global deal flow is down from its 2021 peak. Yet, as this white paper...more

CMS Proposes 36-Month Rule for Medicare-Enrolled Hospices

The Centers for Medicare & Medicaid Services (CMS) proposed new rules intended to strengthen the integrity of the Medicare hospice enrollment process due to CMS’ view of fraud and abuse concerns in the hospice industry....more

CMS Publicly Releases Ownership Data for Medicare-Certified Hospice and Home Health Agencies

On April 20, 2023, the Centers for Medicare & Medicaid Services (CMS) announced the release of ownership data for all Medicare-enrolled hospice and home health agencies. This release is consistent with the Department of...more

California to Require Advance Notice and Review of Certain Healthcare Transactions

Pursuant to the recent passage of Senate Bill 184, California has started implementing its newly formed Office of Health Care Affordability (OHCA), an agency charged with monitoring and managing healthcare costs. To “increase...more

Physicians and Their Employers Must Notify California Patients About Open Payments Database

Under a new California law, effective Jan. 1, 2023, physicians and their employers must begin notifying their California patients during a patient’s initial visit of the Open Payments database, and documenting such notice in...more

COVID-19 – New Regulatory Flexibilities for Durable Medical Equipment Suppliers

On April 29, 2020, the Centers for Medicare & Medicaid Services (CMS) updated its guidance regarding several emergency waivers related to Medicare and Medicaid policy and regulatory revisions, which were originally issued on...more

Emergency Declaration Waivers, Interim Rule for Medicare Home Health and Hospice Providers Amid COVID-19

On March 31, 2020, the Centers for Medicare & Medicaid Services (CMS) issued an interim final rule with comment period (IFC). This alert is part of a series of alerts discussing the IFC provisions and comprehensive actions...more

What Investors Should Understand About Investments in Hospice, Home Health and the Broader Post-Acute Sector – 3 Key Points

The next in our series of posts sharing key takeaways from panels at the Healthcare & Life Sciences Private Equity and Lending Conference is authored by our colleagues Trey Andrews and Jeff Alberg....more

4/7/2020  /  Hospice , Investors , Private Equity

covid 19 stimulus bill key provisions related to home health and hospice providers

On March 25, 2020, the U.S. Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) with a 96-0 vote. Thereafter, on March 27, 2020, the U.S. House of Representatives passed the CARES Act (H.R. 478),...more

Seven Key Points From CMS’ Memo to Home Health Agencies About COVID-19

As part of the White House Coronavirus Task Force’s ongoing efforts to respond to and contain the spread of the 2019 novel coronavirus (COVID-19), on March 10, 2020, the Centers for Medicare & Medicaid Services (CMS) issued a...more

Investors Targeting Boomers’ Future Need for Home Health and Hospice Services

It’s becoming very clear that the private equity industry and other investors are positioning themselves to take advantage of the United States’ generational tsunami by investing in the home health and hospice sectors....more

THC and California Proposition 65: What’s in Store for CBD Product Labeling?

On Dec. 11, 2019, the Developmental and Reproductive Toxicant Identification Committee of the California Office of Environmental Health Hazard Assessment will meet to discuss whether delta-9-tetrahydrocannabinol (THC) should...more

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