The Pennant Group makes two extra acquisitions

The Pennant Group has accomplished two acquisitions thus far in Could.

First introduced was the acquisition of Davis County, Utah-based South Davis Residence Well being and South Davis Hospice.

“This acquisition gives us with the chance to additional develop all through the state of Utah and can complement our companies in central and northern Utah,” Pennant CEO Brent Guerisoli stated in an announcement. “We stay the supplier of alternative in these communities, and this chance will increase our potential to offer life-changing hospice companies to residents of Davis County and the encompassing communities.”

Pennant, primarily based in Eagle, Idaho, is a holding firm of independently operated subsidiaries, together with 112 residence well being and hospice companies and 53 senior dwelling communities throughout 14 states.

Guerisoli additionally reiterated the corporate's dedication to extra transactions within the close to future, and two weeks later the corporate introduced one other hospice acquisition.

Pennant additionally acquired Corpus Christi, Texas-based Nurses on Wheels, a supplier of hospice companies.

“We’re excited to develop the attain of our hospice operations in South Texas,” Guerisoli stated in an announcement. “Our technique to empower native leaders to fulfill the wants of native communities has resonated deeply throughout our platform and we stay up for leveraging our progressive enterprise mannequin and high-quality sources to additional the companies wanted in South Texas are supplied to enhance.”

Household Useful resource Residence Care acquires Specialty Service Options

Liberty Lake, Washington-based Household Useful resource Residence Care has acquired Specialty Service Options.

Specialty Service Options can also be a house care supplier and shall be built-in into Household Useful resource's present operations within the Moses Lake, Washington space.

“Specialty Service Options is a incredible addition to our rising Moses Lake operation. We now have lengthy been conscious of their robust presence and popularity within the market and the power to combine them into our enterprise is an honor,” Hector Barragan, CEO of Household Useful resource, stated in an announcement. “Their group brings extra market intelligence and experience that shall be invaluable as we proceed to develop our companies in central Washington.”

Household Useful resource gives residence care companies at 35 places in Washington, Idaho and Oregon.

“After founding Specialty Service Options, LLC in 2017 with greater than 20 years of healthcare expertise, I used to be motivated by the will to offer wanted service that makes a distinction in folks's lives,” stated Emilie Milburn, the founder and proprietor of Specialty Service Options, stated in an announcement. “I’m happy to have the ability to combine my enterprise with Household Useful resource, whereas sustaining the positions for all my workplace and care employees at Household Useful resource Residence Care.”

Milburn will proceed as department supervisor for Household Useful resource in Moses Lake.

Compassus and Bon Secours Mercy Well being full three way partnership

In February, Compassus and Bon Secours Mercy Well being introduced they’d collaborate on a house well being and hospice enterprise in 5 states.

That three way partnership settlement was accomplished originally of Could.

“Collectively, Compassus and Bon Secours Mercy Well being will help continuity of care whereas providing sufferers and households the chance to obtain hospice and residential care at residence or in assisted dwelling services,” Laura Templeton, COO of Compassus, stated in an announcement. “BSMH's healthcare system is an innovator and chief in healthcare, making this three way partnership a super partnership. As mission-driven organizations, we’re dedicated to sustaining the excessive requirements of care that BSMH sufferers have come to count on and that Compassus is thought for nationwide.”

Brentwood, Tennessee-based Compassus gives residence well being, hospice, palliative care and residential infusion companies to greater than 100,000 sufferers yearly at greater than 250 places in 29 states.

Underneath the settlement with Bon Secours Mercy Well being, it can function and handle 10 residence well being companies and 11 hospice operations on behalf of the well being system. These places embody Florida, Illinois, Kentucky, Ohio, South Carolina and Virginia.

Arden Residence Well being & Hospice acquires Mid-Delta Residence Well being

Hattiesburg, Mississippi-based Arden Residence Well being & Hospice has acquired Mid-Delta Residence Well being, a “40+ 12 months family-owned Mississippi enterprise primarily serving the Mississippi Delta and surrounding areas,” in keeping with the 2 corporations.

Arden Residence Well being & Hospice was based within the fall of 2023 and has shortly expanded its portfolio.

“As of Could 1, 2024, Arden is now the biggest residence well being and hospice firm proudly owned, headquartered and working within the state of Mississippi,” the corporate stated.

Group Based mostly Care, a supplier of residence and community-based companies (HCBS), has acquired CustomCARE, a Minnesota-based residence care supplier.

Group Based mostly Care gives residence care and I/DD help to greater than 5,000 purchasers in Florida, North Carolina, Ohio, Rhode Island and Virginia. It has greater than 3,000 group members.

In the meantime, CustomCare gives HCBS companies in 87 Minnesota counties.

“We’re happy to welcome CustomCARE to the Group Based mostly Care household of suppliers,” Mike Kotzen, CEO of Group Based mostly Care, stated in an announcement. “This partnership aligns completely with our mission to offer high-quality, customized care to the households and people we serve. By combining sources, we are going to additional improve our potential to extra broadly present complete residence care options that promote the independence, dignity and well-being of all our purchasers by bringing the care they should the place they love: their home.”