Hartford Healthcare, a Connecticut-based multi-hospital health system, has acquired the Center for Hospice Care (CHC) for its Hartford HealthCare at Home segment. Under the terms of the transaction, the health system will assume all CHC debts and financial obligations. “With our common goals and missions, this partnership will be extremely beneficial for both organizations, staff, […]
The Hospice of Central New York and Hospice of the Finger Lakes have merged and will operate under the Hospice of Central New York brand, though Hospice of the Finger Lakes will continue to work under that name in Cayuga County. Hospice of Central New York expects to see a 40 percent increase in their […]
Two North Carolina nonprofit hospice organizations have agreed to join forces effective Sept. 30, pending due diligence reviews and final board approvals. The two organizations, Hospice and Palliative Care of Alamance-Caswell (HPCAC) and Hospice and Palliative Care of Greensboro (HPCG), collectively serve in excess of 3,000 patients annually in Alamance, Caswell, Guilford, and surrounding counties. […]
Traditions Health, LLC, today extended its footprint to the Arizona market through the acquisition of Reflections Hospice and Palliative Care in Mesa. “I am extremely excited to expand our services to Arizona,” said Bryan Wolfe, the President and CEO of Traditions. “This is an enormous accomplishment for our organization, and we are very honored to […]
Traditions Healthcare Holding Company, LLC, a portfolio company of Dorilton Capital Advisors LLC, has acquired Hospice Connection, a hospice provider based in Tyler, Texas, for an undisclosed sum. “I am extremely excited to grow our presence in and continue to serve the community of East Texas,” Bryan Wolfe, president and CEO of Traditions Holdings Company, […]
Rhode Island-based HopeHealth announced it would be ending its pediatric hospice program shortly after completing a merger with Cape Cod Healthcare, the Cape Cod region’s largest hospice provider. Effective Feb. 1, HopeHealth’s hospice, palliative care, Alzheimer’s and dementia services units began operating under the auspices of Cape Cod Healthcare. The merger, announced in Dec. […]
As more private equity firms enter the post-acute health care arena, hospice organizations are increasingly pursuing mergers and acquisitions as a growth strategy, according to the recently released 4th quarter 2018 Home Health & Hospice Update from Provident Healthcare Partners. “As health systems seek to reduce cost, we expect increased utilization of home health and […]
Four hospice organizations in Oregon have launched a new alliance under the brand Oregon Non-Profit Hospice Alliance (OHNA). Based in Hillsboro, Ore., the alliance is a new partnership founded by four hospice care providers currently serving nearly half of all Oregon counties. ONHA represents non-profit hospices throughout the state of Oregon. The partnership collects donations […]
Louisiana-based Amedisys, Inc., a home health and personal care organization, has become the third largest provider of hospice care in the United States with the acquisition of Compassionate Care Hospice. Amedisys holds 100 percent ownership of the hospice organization, obtained for fixed price of $340 million. With this acquisition Amedisys serves 11,000 patients in 33 […]
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