Healthcare Stat Homecare Inc. will be purchased by Davion Healthcare in a $13.5 million deal, combining $8 million in cash with $5.5 million worth of Davion shares—valued at $13 each.
The transaction is expected to close by Dec. 31, 2026, subject to the terms of the acquisition agreement. Philadelphia-based Healthcare Stat Homecare is a Pennsylvania-incorporated provider of home health care services.
This deal expands Cork, Ireland-based Davion, a digital healthcare firm that creates non-invasive remote health monitoring tech to spot possible medical issues. Davion intends to go beyond healthcare products into direct home care delivery.
Expansion into Home Care
Davion believes its technology has potential in wound monitoring and preventive care. Integration and deployment plans are set to be decided after the deal closes. This move is a major step for Davion as it looks to grow its presence in the healthcare sector.
Healthcare Stat Homecare provides home health care services, and its acquisition will allow Davion to offer more extensive care to patients. The deal is expected to enhance Davion’s capabilities in the home care market and provide new opportunities for growth.
Partnership with Aspire Home Health Care
Renovus Capital Partners has entered into a strategic partnership with Aspire Home Health Care, an Illinois-based provider of orthopedic and traditional home health services. Founded in 2013 and headquartered in Morton Grove, Illinois, Aspire provides skilled nursing and therapy services to patients recovering from orthopedic procedures, surgeries, and complex medical conditions.
The partnership marks Renovus’ sixth healthcare platform investment. The firm plans to support Aspire’s growth through investments in technology and AI-enabled tools, including revenue cycle management solutions designed to streamline billing and collections.
Aspire serves more than 80,000 patients across 23 counties in Illinois and Wisconsin.
Home-Based Care Joint Venture
Providence and Compassus have completed the final phase of their home-based care joint venture in Oregon, bringing the health system’s home health, hospice, and community-based palliative care operations under the partnership. Operating as Providence at Home with Compassus, the joint venture will oversee 17 programs in Oregon.
The joint venture initially launched in 2025 and is designed to strengthen home-based care delivery through shared operational resources, technology, and clinical support. The organizations also reported increases in hospice visits during patients’ final days of life across joint venture markets.
MGA Homecare has acquired the private duty nursing division of Care IV Home Health, expanding its footprint into Arkansas and marking its entry into a seventh state. The acquired division provides skilled in-home nursing services to pediatric and adult patients with complex medical needs.
Strategic Partnerships
Reliable Healthcare has entered into a strategic partnership with KK HoldCo, according to a LinkedIn post from Michael Ford, CEO and founder of M&A Consulting. The partnership brings together the companies’ business development and operational capabilities to support growth in South Carolina’s home care market.
The partnership combines Reliable Healthcare’s expertise in strategic and organic growth with KK HoldCo’s experience in home care operations and financial stability. Reliable Healthcare is owned by Oliver Morris and is based in Rock Hill, South Carolina.
