After sunsetting in September 2019, Oregon-based Hopewell Hospice is set to reopen late this summer after a nonprofit group raised close to $4 million. With the reopening, the hospice plans to update its approach to the delivery of end-of-life care. The nonprofit, Friends of Hopewell House, began in 2020 with a goal to resurrect the […]
Traditions Health LLC has grown its reach with the acquisition of five hospice entities in California and Nevada. The move strategically expands its presence into those states, according to a recent announcement from the company. Traditions on Wednesday announced acquiring San Diego-based Sonata Hospice, as well as Cadence Hospice, Pacific Crest Hospice and Sonata Hospice […]
Traditions Health LLC has purchased Wichita-based hospice and home health provider Serenity Health Management for an undisclosed amount, giving the company a larger foothold in Kansas. While Traditions offers hospice in the Kansas City region, this transaction marks the entry of its home health business into the state. Traditions Health is a portfolio company of […]
Traditions Health, LLC has purchased Harwood Heights, Ill.-based Heritage Hospice and Palliative Care. This has been the company’s third consecutive year of completing multiple hospice transactions, including the acquisition of Homestead Hospice in Georgia earlier this month. Financial terms were undisclosed. Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton […]
Traditions Health has acquired Roswell, Ga.-based Homestead Hospice, which cares for more than 2,000 patients through 26 locations across Georgia, South Carolina, Alabama, Ohio, and Arizona. Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, Traditions provides hospice, home health care and consulting […]
Texas-headquartered Traditions Health, LLC has acquired Family Comfort Hospice in Scottsdale, Ariz. This will be the company’s fifth location in that state. Financial terms were undisclosed. Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, Traditions provides hospice, home health care and consulting […]
Companies seeking to acquire hospices are keenly attuned to the sellers’ leadership team dynamics when making buying decisions. Amid staffing shortages and heightened regulatory scrutiny, buyers want to work with leaders who have a similar approach to workplace culture, quality and compliance, as well as business operations like marketing and revenue cycle management. The hospice […]
Private equity investors remain bullish on hospice with no signs of slowing down. However, with a number of high-profile transactions completed or in the works during 2020 and 2021, the number of hospices of scale that are likely to come to market is dwindling. During the next few years, PE firms will likely fix their […]
Traditions Health has acquired the Kansas City locations of Lumicare Hospice for an undisclosed sum. Lumicare operates in both the Kansas and Missouri sides of that metropolitan area. The transaction marks Traditions’ entry into both of those states. Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton Capital Advisors. Headquartered […]
Traditions Health has acquired Texas-based Area Community Hospice as well as AmeraCare Family Hospice and Home Health located near New Orleans, marking the company’s first entry into the Louisiana home health market. Traditions already has a hospice presence in that state. Financial terms were undisclosed. Private equity-backed Traditions Health is a portfolio company of the […]
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