AccentCare has acquired Accolade Home Care and Hospice. The deal marks Dallas, Texas-based AccentCare’s sixth purchase in Texas since 2017 — and reportedly makes the company’s regional branch the largest home health, hospice and personal care provider in the state.
Financial terms of the deal were not disclosed.
AccentCare’s regional branch is branded as Texas Home Health.
“We are proud of the growth in our Texas-based operations,” AccentCare CEO Steve Rodgers said in a press release. “And are particularly pleased to have Accolade join the AccentCare family, to significantly expand our service delivery for skilled home health care.”
AccentCare provides post-acute health care as well as specialized care management prior to acute episodes. Throughout its operations, the provider employs over 23,000 professionals in more than 190 locations across 14 states.
Besides Texas Home Health, AccentCare’s brands include Alliance For Health, AccentCare of New York, Doctor’s Choice, Guardian Home Health & Hospice, Nurses Unlimited and Sta-Home.
Texas Home Health serves all 254 counties in Texas. Paired with Denton, Texas-based Accolade, AccentCare will also now serve contiguous counties in New Mexico and Oklahoma. The acquisition includes 23 office locations — 17 delivering home health services and six providing hospice care.
“I am excited for Accolade to join AccentCare, which carries such a strong and respectable reputation in Texas,” Marcylle Combs, former president and owner of Accolade, said in the press release. “The two companies have common values and are equally committed to qualified and compassionate patient care.”
Accolade will maintain its brand and staff and continue to serve the same patients in the same service areas.
Other recent acquisitions AccentCare has made in Texas include Corpus Christi-based Padre Home Health, Texas City-based Royalty Personal Assistance Service, Beaumont-based Quality Care Services, Jacksonville-based Grace Visiting Nurses and Odessa-based Nurses Unlimited.
AccentCare’s overarching strategy has been twofold — growing relationships and acquiring strong providers to expand capability in the market. The acquisition of Nurses Unlimited, for example, added about 3,000 employees and 26 private care offices to the company’s workforce.
Prior to the acquisition news, AccentCare announced it had added two executives to its team to accommodate the health care trend of greater post-acute care coordination with health systems. The company is using the new hires to expand its joint venture partnerships and its rapid growth, largely fueled by home health care.
In terms of joint ventures, AccentCare inked partnerships last year with health system UCLA Health to serve patients in the greater Los Angeles area, as well as with Baylor Scott & White Health, a Texas nonprofit health care system.
Written by Kaitlyn Mattson