Before getting hired as the new president and chief executive of Loving Care Agency Inc. (LCA), Glen Cavallo was president of SolAmor Hospice. Before that, he held senior management positions with Medshares Home Health Inc., Beverly Home Care Inc. and Columbia / HCA Healthcare. With plenty of experience in homecare medical services, Cavallo expects that under his watch, Loving Care-backed by private equity firms MTS Health Investors LLC and Oaktree Capital Management LP-is poised for growth. Mergers & Acquisitions caught up with Cavallo just after he stepped in for former chief executive, Bob Creamer, in December.
What challenges does the home hospice industry face in 2013?