CEO turnover has been rising during the past two years, among organizations that run the gamut as far as size, tax status and ownership structure. The reasons behind the trend are also plentiful. For starters, many hospice leaders are aging with the rest of the population and reaching retirement age. Others have migrated to other […]
California-based post-acute care company Charter Healthcare Group has tapped Cheryl Lovell to become its new CEO and Anna-Gene O’Neal as the company’s first chief operating officer. Charter, a portfolio company of Pharos Capital Group, provides hospice, home health, complex care management and palliative care services to nearly 13,000 patients in eight states. “We are excited […]
Last year finished with a flurry of hospice transactions, with private equity groups continuing to show ample interest in the space. Overall, there were at least 23 hospice-related deals in 2021’s fourth quarter, according to a recently released report from M&A advisory firm Mertz Taggart. That total is on par with the 23 that came […]
Private equity firm Pharos Capital Group, L.L.C., has purchased Arizona-based THEMA Health Services, a hospice, home health and palliative care provider that serves more than 2,000 patients annually. Financial terms were undisclosed. THEMA’s footprint includes a large swath of rural markets in central and northern Arizona, where patients and families often have limited access to […]
Charter Health Care Group has acquired two providers in Texas, Genesis HospiceCare and Saints Hospice, for undisclosed amounts. Charter is a portfolio company of the private equity firm Pharos Capital Group. The two transactions mark the second and third acquisitions for Charter this month. Charter has been focused on expansion in Texas markets, due to […]
Post-acute provider Charter Health, a portfolio company of the private equity firm Pharos Capital Group, has purchased San Antonio, Texas-based Generations Hospice Care for an undisclosed amount. The transaction does not include the affiliated sister agencies Generations Hospice of Austin and Generations Visiting Practitioners. “Texas, from an overall population as well as a retirement community […]
Charter Health Care Group has acquired Providence Home Health & Hospice in Houston, Texas, for an undisclosed sum. This is the company’s sixth acquisition since early 2020. Charter is a portfolio company of Pharos Capital Group, based in Dallas and Nashville. Charter provides a range of senior care services that includes hospice, home health complex […]
Private-equity backed hospice and home health provider Charter Heath Group has acquired Serene Care Hospice in Omaha, Neb., for an undisclosed sum. The company also purchased Omaha-based home health company Physmed from the same owner. Charter is a portfolio company of Pharos Capital Group, based in Dallas and Nashville. Charter providers a range of senior […]
Post-acute company Charter Health Care Group has purchased Vitality Home Healthcare in Denver and Salt Lake City-based Heartwood Home Health & Hospice for an undisclosed sum. These transactions make four hospice acquisitions to date in 2020 for Charter Health. Charter is a portfolio company of the private equity firm Pharos Capital Group. The company provides […]
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired Prime Hospice, located near Phoenix, and Harmony Hospice of Arizona in the northwestern region of that state. Financial terms for the transactions have not been disclosed. The company expects to complete a third acquisition in a matter of days, also in the Southwest. Pennant, which owns and […]
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