Traditions Health Purchases Centennial Hospice

Private equity-backed hospice and home health provider Traditions Health, LLC has purchased Oklahoma-based Centennial Hospice for an undisclosed sum. The move expands the company’s footprint in the Oklahoma City market. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, the company provides hospice, home health care and […]

Hospice Provider Addus Purchases SunLife HomeCare

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired personal care provider SunLife HomeCare in Tucson, Ariz., for an undisclosed amount. SunLife brings in annualized revenues of $2.6 million. Expansion has been a priority for Addus as the company seeks to build a home health and hospice footprint that matches its personal care operations, its largest business […]

Traditions Health Acquires Harbor Light Hospice

Traditions Health, LLC, has acquired Illinois-based Harbor Light Hospice, a multi-state provider of hospice services, for an undisclosed amount. The acquisition strategically expands the Traditions Health footprint into several new key markets. Traditions is a portfolio company of family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, the company provides hospice, home health […]

Iowa City Hospice to Merge with VNA of Johnson County

Two nonprofit organizations, Iowa City Hospice and the Visiting Nurse Association of Johnson County, are in the process of merging. The combined company’s service lines will offer a continuum of care from birth through the end-of-life. VNA Executive Director Sue Novotny is retiring, and Iowa City Hospice Executive Director Karla Kamal will take the helm […]

DME Provider Hospice Source Acquires Superior Healthcare

Durable medical equipment (DME) provider Hospice Source, which primarily services the hospice market, has purchased DME company Superior Healthcare, Inc. of Martinez, Calif. Financial terms were not disclosed.  Hospice Source is a portfolio company of Dallas-based Transition Capital Partners, family office-funded private investment firm founded in1993. The firm is affiliated with the Patterson Thomas Family […]

[UPDATED] Two Hospice Providers in the Carolinas Region to Merge

Hospice Cleveland County in North Carolina is merging with Hospice & Palliative Care Charlotte Region. The combined company will serve 23 counties throughout North Carolina and South Carolina. In conjunction with the merger, the hospices are creating a philanthropic foundation that will support area nonprofits, educational institutions and work by government agencies. Hospice Cleveland County […]

[UPDATED] AccentCare and Seasons Hospice & Palliative Care to Merge

Post-acute care company AccentCare will merge with Rosemont, Ill.-based Seasons Hospice & Palliative Care. The combined company will provide a full continuum of home-based health care services, including hospice, palliative care, home health care and personal care. AccentCare is a portfolio company of the private equity firm Advent International, which purchased the provider from Oak […]

Silverstone Hospice Acquires Comfort Care

Texas-based Silverstone Hospice has acquired Comfort Care Hospice in the Dallas-Forth Worth region. Comfort Care will be renamed under the Silverstone brand and will soon being offering home health and palliative care services in addition to hospice. Silverstone CEO Alfonso Montiel will also lead the Comfort Care location. Prior to Silverstone, Monteil established a $150 […]

LHC Group to Acquire Grace Hospice of Oklahoma

LHC Group, Inc. (NASDAQ: LHCG) has agreed to acquire Tulsa-based Grace Hospice of Oklahoma for $12.1 million. This is the company’s second hospice acquisition this week. On Nov. 9 the company announced that it would purchase two Mesa, Ariz.-based providers, East Valley Hospice and East Valley Palliative Care. LHC Group’s acquisition strategy is focused on […]

[UPDATED]Addus Purchases PE-Backed Queen City Hospice for $192 Million

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Queen City Hospice, LLC, and its affiliate Miracle City Hospice, for a cash purchase price of $192.0 million. Queen City is a portfolio company of the private equity firm Stonehenge Partners. The purchase price includes $162.8 million of value, net of the […]