Recent Deals

Home Health, Inc. is a licensed home healthcare agency providing a full range of skilled nursing and therapy services to patients in five counties of South Carolina.  The Company primarily serves Medicare-certified patients from operating locations in Columbia, Rock Hill and Summerville, South Carolina.  Home Health, Inc. is headquartered in Florence, South Carolina.

Situation:

• Upon operating under the Company’s first CON since 1996, the shareholders of Home Health, Inc. wished to monetize their investment and focus on other entrepreneurial activities

Challenges:

• Increasing pressure faced by home health providers in lieu of potential changes to healthcare legislation in Washington created uncertainty for a wide spectrum of healthcare providers
• A widely anticipated reduction in future Medicare reimbursements for home health agencies began to create downward pressure on the industry as a whole
• Convincing potential acquirers that the Company would be able to maintain its current levels of profitability going forward

Successful Solution:

• Anderson LeNeave contacted numerous strategic buyers and a focused group of financial buyers, and received 10 indications of interest and 5 letters of intent
• Home Health, Inc. was sold to NHC Homecare South Carolina, LLC, an affiliate of National HealthCare Corporation (NYSE – AMEX: NHC)

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