Mergers/acquisitions

Allscripts sells $525 million Netsmart stake

The sale ends a two-year relationship between Allscripts and Netsmart that began when Allscripts contributed its homecare business to the behavioral health EHR vendor in exchange for the largest ownership stake in the company.

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BrightSpring, PharMerica to merge

Long-term care pharmacy PharMerica intends to merge with BrightSpring Health Services, a large provider of home- and community-based care.

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PharmScript acquires Doehring’s LTC Pharmacy

"PharmScript is excited to build on its momentum in the Midwest with the acquisition of Doehring's," said Michael Segal, CEO of PharmScript.

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Invesque diversifies skilled nursing portfolio, looks to SNF future

“Definitively, there is a long-term place in the health care spectrum for skilled nursing,” CEO Scott White told Skilled Nursing News in a Tuesday interview. 

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PointClickCare partners with Bridge Connector

PointClickCare Technologies and Bridge Connector have formed a strategic partnership aimed at strengthening the transferring of patient data across different systems.

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Tabula Rasa, Mediture work to improve NYC’s managed long-term care

Mediture is expanding services in a new market for TRHC with the Visiting Nurse Services of New York (VNSNY) managed long-term care (MLTC) plan in New York City.

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ProMedica’s credit takes hit in wake of mega deal

After warning last month that a credit downgrade was likely, Standard & Poor’s this week lowered its long-term credit rating for non-profit health care provider ProMedica by multiple levels.

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CVS long-term care posts Q2 loss

CVS Health Corp. posted a $2.6 billion net loss in the second quarter after a one-time $3.9 billion charge related to its long-term care business, the company said today in a financial report.

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Attis Industries acquires Quality Rx

Attis currently offers blood and toxicology panel, molecular diagnostic, and pharmacogenetic testing services for over 200 physician clinics, long-term care facilities, hospitals, and laboratories located from California to Florida. 

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Evangelical Lutheran Good Samaritan, Sanford Health to merge

The Evangelical Lutheran Good Samaritan Society, one of the largest non-profit senior care providers, on Tuesday announced a vote to approve a merger with Sanford Health, a not-for-profit health system.

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