LiveWell Partners Acquires Hope Home Care, Expands Midwest Presence

LiveWell Partners recently acquired Hope Home Care, an Ohio-based home health care provider. This deal is one of several finalized in recent weeks, reflecting a strengthened M&A environment in the home care sector.

The transaction will allow LiveWell Partners to expand its presence in Ohio, a key market for the company’s growth strategy.

“When you think about Ohio, that’s really the outer limit of where we’re strategically focused for our geographic reach,” Jason Growe, CEO of LiveWell Partners, told Home Health Care News. “You have several metropolitan areas that really meet the characteristics of a geography that we would focus on. This is a mid-to-large market, with a strong base of Medicare-eligible beneficiaries and a base of clinicians that we believe can attract to our platform.

LiveWell Partners is a home health care company headquartered in St. Louis. The company currently operates in St. Louis, Kansas City, Wichita, Kansas, Detroit and Cincinnati. To date, the company has completed five transactions.

For its part, Hope Home Care is a Medicare-certified home health care provider based in Miamisburg, Ohio. The company also offers assistance, physiotherapy, occupational therapy, speech therapy and social medicine services.

Growe explained that LiveWell Partners was immediately interested in acquiring Hope Home Care.

“On one hand, there was simply the amazing team Hope Mullikin built at her branch, but also the true dedication to quality she demonstrated through high ratings, positive patient feedback and exceptional experiences with employees,” he said.

Another thing that attracted LiveWell Partners to Hope Home Care was the latter’s success with Managed Medicaid patients.

“Because of the quality care they have proven they provide, they have been able to negotiate more favorable non-Medicare contracts, particularly in Ohio’s managed Medicaid market,” Growe said.

Growe noted that LiveWell Partners seeks to embrace payer flexibility.

Ultimately, LiveWell Partners is focused on improving clinical outcomes, and that is the driving force behind many of the company’s transactions.

“Quality clinical outcomes are really paramount to our work,” Growe said. “When we look at which agencies we want to partner with and bring them into our platform, that’s one of the first things we look at. Hope Home Care is more than crossing the bar, and we are truly excited about the partnership with them.