Home Health Care News July 20, 2021
The day before it officially closed on its deal to acquire 80% of Brookdale Health Care Services (NYSE: BKD), HCA Healthcare (NYSE: HCA) finished a financial quarter that showed significant recovery for the behemoth hospital chain — and then some.
As COVID-19 concerns waned for patients, admissions and revenue soared for HCA, which is set to be the next big name in the home health space.
Its success coming out of the pandemic is obviously a good sign for the company, but it’s also a reminder of just how large of a home health player HCA could be. It’s likewise a good sign for Brookdale Senior Living, which maintained a 20% stake in its home health and hospice segment, in...