Home Health Transactions: Noor, Care Advantage, Summa Health
Noor Inc. acquires Texas home health provider
Noor Inc., based in New York City, acquired San Antonio, Texas-based home health care provider Restorative Health Care, Staffing Industry Analysts reported on Dec. 11.
Restorative Health Care, which provides nursing and therapy services, including registered nurses and occupational, physical and speech therapy services, has four offices and more than 300 field clinicians. Noor oversees 22 staffing and recruiting brands and has more than 2,500 internal and contingent employees.
The terms of the transaction, which closed Dec. 1, were not disclosed.
PA home care business gets new owner
Millbrook HomeCare Partners Inc. in Hellertown, Pennsylvania, was purchased by a new owner on Dec. 6. Terry Weber bought the home care business from Anne Miller and Cheryl Brooks, who began it in 2007. The business grew to annual sales worth more than $1 million.
Weber renamed the business Millbrook HomeCare, according to The Morning Call.
Care Advantage acquires Care Solutions
Care Advantage, a Richmond, Va.-based home health care services company owned by New York-based BelHealth Investment Partners, has acquired Care Solutions, a Hampton, Virginia-based provider of non-skilled personal care services in the home for private pay patients.
The move by Care Advantage follows its acquisition of Stay at Home Personal Care earlier this year and bolsters its presence in southeastern Virginia, according to a press release.
Summa enters JV with Alternate Solutions Health Care Network
Summa Health, which is based in Akron, Ohio, entered a joint venture (JV) with Alternate Solutions Health Care Network of Dayton, Ohio, Cleveland.com reported. The move permits Summa to reorganize its Summa Health at Home and Summa Hospice departments. Summa will own 60% of the JV, and the structuring is expected to take effect in February 2018, according to Mark Terpylak, senior vice president for population health at Summa Health.
Summa Health at Home offers physicians, nurses, physical therapists, dietitians and social workers and home health aide services in home settings. Summa Hospice provides end-of-life care.
The two departments employ about 340 people. Care providers are expected to keep their jobs as a result of the restructuring, Terpylak told the publication. Support positions, such recruitment, billing and human relations, will be consolidated, affecting about 30 jobs. Nurses, therapists, health aids and other providers will receive offers in the reconfigured departments, according to Terpylak.
Family Tree In-Home Care acquires CareTemps, L.L.C.
Family Tree In-Home Care, a portfolio company of Genova Health in Houston, will acquire the assets of Houston-based CareTemps, which provides home care and care management services. The deal is expected to close Jan. 28, 2018.
Family Tree is a home care agency with four locations in the greater Houston area. It provides private-duty home care and nursing services.
Salo Solutions acquires Delta Health Technologies
Columbus, Ohio-based Salo Solutions purchased Delta Health Technologies, a software provider for home health, hospice and private duty agencies based in Altoona, Pennsylvania.
Salo CEO Tony Ott will be CEO of Delta, while Keith Crownover will remain with Delta as president. Both companies will remain in their respective locations under the deal, according to a release.
Written by Maggie Flynn