Add-on Acquisition • Healthcare Services

Intermountain Healthcare Acquires Advent Home Health

On September 6, 2023, Intermountain Healthcare acquired healthcare services company Advent Home Health

Acquisition Context
  • This is Intermountain Healthcare’s 2nd transaction in the Healthcare Services sector.
  • This is Intermountain Healthcare’s 2nd transaction in the United States.
  • This is Intermountain Healthcare’s 1st transaction in Nevada.

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M&A Deal Summary

Date September 6, 2023
Target Advent Home Health
Sector Healthcare Services
Buyer(s) Intermountain Healthcare
Deal Type Add-on Acquisition

Target Company

Advent Home Health

Las Vegas, Nevada, United States
Advent Home Health is a home health provider committed to raising the standards of home health care by educating and training staff with latest medical technologies and practices. Advent Home Health was founded in 2008 and is based in Las Vegas, Nevada.
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Buyer Overview 1

Buyer

Intermountain Healthcare

Salt Lake City, Utah, United States

Category Company
Founded 1975
Sector Healthcare Services
DESCRIPTION

Intermountain Healthcare, Inc. offer a full range of services, from urgent care to home care to the region's most advanced trauma centers. Providing excellent care of the highest quality at an affordable cost is at the heart of our mission.


Deal Context for Buyer #
Overall 2 of 2
Sector: Healthcare Services 2 of 2
Type: Add-on Acquisition 1 of 1
State: Nevada 1 of 1
Country: United States 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 SCL Health

Broomfield, Colorado, United States

SCL Health is a nonprofit healthcare organization that operates eight hospitals, three safety-net clinics, one children’s mental health center, and more than 190 ambulatory service centers in three states Colorado, Kansas, and Montana. The health system includes 15,000 full-time associates and more than 500 employed providers. SCL Health contributed more than $226 million in community benefit, including services for the poor, health screenings, educational programs, community donations, and research. SCL Health was founded in 1864 and is based in Broomfield, Colorado.

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