Tennessee-based nonprofit Alleo Health System has acquired private duty firm Comprehensive Care, which operates in nine Tennessee counties. Financial terms of the transaction were not disclosed.
Comprehensive Care, a privately owned for-profit company will transition to nonprofit status following the acquisition’s closing and will be rebranded as Comprehensive Care-Alleo Health System.
Comprehensive Care provides companion services in which trained, nonclinical staff attend to patients in their private residences, nursing homes, or senior living facilities, providing meals, transportation, and other daily needs. The company serves about 30 patients per day.
“We know there is a need out there in the community, and whether a person is eligible for hospice or they just need that private sitter service, we want to be that one-stop-shop where people can call us regardless of where they are in life’s journey,” Timothy Heath, executive vice president of business development for Alleo Health told Hospice News. “A number of our hospice patients also need that sitter service, and it’s great to have that line of business to offer them. This is another opportunity to provide resources to the community.”
Alleo Health System came into existence in March when the non-profit Hospice of Chattanooga rebranded its network of hospice and palliative care providers, which serve 22 counties in Tennessee, Georgia, and North Carolina.
In addition to Comprehensive Care, Alleo is the parent company of Hospice of Chattanooga, Palliative Care Services, Good Shepherd Hospice, and Kangaroo Kidz. Kangaroo Kidz is the Chattanooga region’s only pediatric specialty hospice and palliative care provider.
“We rebranded in early spring because we knew we were bringing new business lines under our umbrella, because of the ways the market is changing and the needs we identified in the community,” Heath told Hospice News.
The company’s other service lines include palliative care and a freestanding clinic. Alleo clinicians provide palliative care in patient homes as well as in local hospitals and other settings.
Prior to rebranding as Alleo, the Hospice of Chattanooga in Dec. 2018 entered the North Carolina market in through its acquisition of Murphy, N.C.-Good Shepherd Hospice. The company continues to be on the lookout for more acquisition opportunities.
“We are looking at additional opportunities for expanding the hospice footprint,” Heath said. “We are excited about our future.”