Home Health Care News November 15, 2024
VitalCaring Group – the home health and hospice company led by April Anthony – got caught in the crosshairs of the U.S. Department of Justice (DOJ) this week. The company responded, however, defending its current state and re-emphasizing where it plans to go.
VitalCaring agreed to acquire divested assets from Amedisys Inc. (Nasdaq: AMED) in June. So long as UnitedHealth Group’s (NYSE: UNH) takeover of Amedisys went through, VitalCaring would be the beneficiary of certain Amedisys locations.
From the Amedisys perspective, it was a way to get ahead of antitrust concerns, given the fact that UnitedHealth Group already owns LHC Group – another one of the largest home health providers in the country.
But the DOJ was not satisfied with...