Frontpoint Well being acquires Excessive Plains Senior Care Group in Texas
US-based healthcare firm Frontpoint Well being has accomplished the acquisition of Excessive Plains Senior Care Group (HPSC), a house well being and hospice firm in Texas, for an undisclosed quantity.
The acquisition will develop Frontpoint Well being's geographic footprint within the state of Texas to greater than 176 counties.
Frontpoint Well being CEO Brent Korte mentioned: “HPSC is an ideal match for what we’re constructing at Frontpoint.
“HPSC has a robust workforce, a tradition of delivering one of the best medical care and a extremely synergistic geographic overlap with Frontpoint's current markets.
“With the addition of HPSC, Frontpoint's progress will speed up all through Texas and different states within the Southeast, with our distinctive deal with serving the fast-growing, underserved Medicare Benefit market.”
Frontpoint Well being expects the acquisition to strengthen its strategic partnerships with Medicare Benefit plans within the Southeast America area.
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Andy McBee, former govt chairman of HPSC, mentioned: “From our first assembly, it was clear that Frontpoint was the precise companion for our enterprise.
“We’re happy to now proceed to help HPSC as buyers within the mixed firm.”
HPSC's former chief working officer Craig Johnson has now assumed the position of vice chairman of Residence Well being for Frontpoint Well being.
Johnson mentioned, “On behalf of the whole HPSC household, we’re excited to companion with Frontpoint Well being to carry glorious affected person care to much more individuals all through Texas and the better Southeast!”
Based mostly in Colorado, Frontpoint Well being is a house well being and hospice platform centered on offering care to Medicare Benefit sufferers.
The corporate supplies in-home take care of aged and homebound sufferers, working carefully with the well being care system and well being plan companions.
It’s backed by Cimarron Healthcare Capital and Tacoma Holdings, two personal fairness corporations centered on investments within the healthcare sector.
