M&A Deal Summary

Almost Family Acquires Community Health Systems - Home Health and Hospice Unit

On October 17, 2016, Almost Family acquired healthcare services company Community Health Systems - Home Health and Hospice Unit from CHS for 128M USD

Acquisition Highlights
  • This is Almost Family’s 11th transaction in the Healthcare Services sector.
  • This is Almost Family’s largest (disclosed) transaction.
  • This is Almost Family’s 12th transaction in the United States.

M&A Deal Summary
Date 2016-10-17
Target Community Health Systems - Home Health and Hospice Unit
Sector Healthcare Services
Buyer(s) Almost Family
Sellers(s) CHS
Deal Type Divestiture
Deal Value 128M USD

Target

Community Health Systems - Home Health and Hospice Unit

United States
Community Health Systems - Home Health and Hospice Unit is a provider of skilled home health and hospice services, currently operates 74 home health and 15 hospice branch locations in 22 states. Most of its home health and hospice operations are affiliated with CHS general acute care hospitals in communities across the country.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Almost Family

Louisville, Kentucky, United States

website

Category Company
Founded 1976
Sector Healthcare Services
Employees14,200
Revenue 532M USD (2016)
DESCRIPTION

Almost Family, Inc. is a provider of home health nursing, rehabilitation and personal care services. The company providing skilled compassionate home health care in our local communities. Almost Family was founded in 1976 and is based in Louisville, Kentucky.

DEAL STATS #
Overall 12 of 13
Sector (Healthcare Services) 11 of 12
Type (Divestiture) 3 of 3
Country (United States) 12 of 13
Year (2016) 2 of 2
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 Long Term Solutions

Natick, Massachusetts, United States

Long Term Solutions, Inc. is a provider of in-home nursing assessments for the long-term care insurance industry.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-05 MD2U Management

Louisville, Kentucky, United States

MD2U Management LLC is an in-home primary healthcare care network that provides consistent, quality care for home-bound and home-limited patients. MD2U Management was founded in 2004 and is based in Louisville, Kentucky.

Buy $4M

Seller(S) 1

SELLER

CHS

Franklin, Tennessee, United States

website

Category Company
Founded 1985
Sector Healthcare Services
Employees51,000
Revenue 12.2B USD (2022)
DESCRIPTION
Community Health Systems' corporate headquarters in Franklin, Tennessee.
Community Health Systems' corporate headquarters in Franklin, Tennessee.

CHS is an operator of general acute care hospitals. The organization’s affiliates own, operate or lease 207 hospitals in 29 states with approximately 31,100 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. CHS was incorporated in 1985 and is based in Franklin, Tennessee.

DEAL STATS #
Overall 8 of 16
Sector (Healthcare Services) 8 of 16
Type (Divestiture) 8 of 16
Country (United States) 8 of 16
Year (2016) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-01 Physicians Specialty Hospital

Fayetteville, Arkansas, United States

Physicians' Specialty Hospital is a provider of orthopaedic, genitourinary and spine surgery services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-16 Community Health Systems - Eight Hospitals

United States

Community Health Systems, Inc. - Eight Hospitals is a provider of healthcare services in US.

Sell -
Mergr

Product

Company

Legal