Hospice, Home Health Provider Charter Healthcare Files for Chapter 7 Bankruptcy 

Hospice and home health provider Charter Healthcare, a portfolio company of Pharos Capital, recently filed for Chapter 7 bankruptcy. No public announcement was made. The petition for bankruptcy was filed in the Federal District Court of Delaware in late January, according to documents obtained by Hospice News. A public record search showed Chapter 7 filings […]

Hospices Double Down on CEO Succession Planning

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 […]

Charter Healthcare Shakes Up Executive Team with New CEO, COO

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 […]

Hospice Dealmaking Could Slow After Strong Q4

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 […]

Charter Enters New Mexico with Silver Linings Hospice Acquisition

Home health and post-acute care provider Charter Healthcare Group recently acquired New Mexico-based Silver Linings Hospice Care for an undisclosed amount, marking the company’s entrance into the state. Silver Linings provides hospice care to communities throughout north central New Mexico. The decision to acquire the hospice came with an aim to increase patient reach and […]

Pharos Capital Acquires Hospice Provider THEMA

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 Acquires Two Texas Hospices

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 […]

Charter Health Acquires Generations Hospice Care

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 Acquires Providence Home Health & Hospice

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 […]

[UPDATED]Charter Health Group Acquires Serene Hospice Care, Physmed

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 […]