Industry Update: Health Practices
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Health Practices industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
- In the first quarter of 2021, The Ensign Group, Inc., which provides health care services in the post-acute care continuum and other ancillary businesses, acquired the operations of skilled nursing facilities in Southern California and San Antonio, Texas.
- On January 5, 2021, LHC Group, Inc. announced that it has finalized acquisition agreements in Arizona and Oklahoma – expanding the company’s scope of services in the Phoenix-area market and representing LHC Group’s initial hospice entry into the state of Oklahoma. The purchase agreement was first announced in November, and the company expects annualized revenue from this purchase of approximately $12.1 million.
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