Angels of Care, a home health provider that specializes in caring for pediatric patients with complex medical conditions, announced Thursday that it has entered into a strategic partnership with Nursing Solutions and Mission Medstaff.
Under terms of the strategic partnership, Nursing Solutions and Mission Medstaff will join Angels of Care’s platform going forward. The financial terms of the deal were not disclosed.
Founded in 1992, Phoenix, Arizona-based Nursing Solutions is a home health provider that cares for both adult and pediatric patients. Its service lines include long-term skilled nursing care, personal care and respite service.
Mission Medstaff — founded in 2009 — also provides home health services to both pediatric and adult patients, doing so in North Carolina and South Carolina.
Moving forward, Nursing Solutions and Mission Medstaff patients will continue to receive services from the caregivers and office staff they are familiar with, Jessica Riggs, CEO of Angels of Care, told Home Health Care News in an email.
“The partnership will enable each company to benefit from Angels of Care’s scale and expertise in recruiting and training excellent nurses, and supporting the families of patients with complex medical needs,” Riggs said.
Founded in 2000 by Bonnie West, Sherman, Texas-based Angels of Care provides private-duty nursing care, skilled therapy and other home health services across five states. According to the provider’s website, it employs more than 4,000 passionate pediatric nurses, skilled nurses, physical therapists, occupational therapists, speech therapists, attendants and specialists.
Angels of Care is backed by Varsity Healthcare Partners, a lower middle-market private equity firm focused on health care services.
For Angels of Care, Nursing Solutions and Mission Medstaff were attractive targets because of how well the companies aligned as far as mission, services and values.
“Like us, Angels of Care is passionate about providing the highest quality care possible to its patients,” Matt Hampton, founder of Mission Medstaff, said in a statement. “We are excited to join their platform, which will enable us to continue providing exceptional, cost-effective, family-focused care for our patients with complex medical needs.”
Another draw for Angels of Care: The deal allows the company to further expand into additional geographies.
On Nursing Solutions’ end, the opportunity to join an established home health platform that has a strong industry foothold was appealing.
“We evaluated a number of alternatives and felt this partnership with Angels of Care was in the best interest of our clients and caregivers,” Bill Johnsen, founder of Nursing Solutions, said in a statement. “We look forward to joining this winning team and continuing to serve the needs of our patients 24/7.”
The global pediatric home health care market is valued at $30.9 billion and is expected to grow to roughly $56 billion by 2026, according to a 2020 study conducted by Acumen Research.
While there is high demand for pediatric home health services, operators are often challenged by staffing and reimbursement constraints. One innovative solution focused on both problems has been the “Family CNA Model,” pioneered in Colorado by companies like Team Select Home Care.