M&A and Financing Newsflash: Elara Caring’s Allen Health Services Acquires First Care of New York

Allen Health Care Services Finalizes Acquisition of First Care of New York Allen Health Care Services, a part of the Elara Caring network of companies, has acquired First Care of New York. Financial terms of the deal, announced last week, were not disclosed. Bronx, New York-based First Care serves nearly 900 patients mainly in the five boroughs […]

Movers & Shakers: Traditions Health Names New CFO, Blue Wolf Capital Expands Operating Team

Traditions Health Names New Chief Financial Officer Alan Blakeney is joining Traditions Health, LLC, a home health and hospice provider in Texas and California, as its new chief financial officer. College Station, Texas-based Traditions is a holding company that focuses on the health care industry and related businesses, including home health, hospice and online policy […]

Jordan, Great Lakes, National Home Health Rebrand as Elara Caring

Earlier this year, a three-way merger created one of the largest home health providers in the United States, and the combined company now is rebranding as “Elara Caring.” The merger, which closed in May, unites Jackson, Michigan-based Great Lakes Caring; Cromwell, Connecticut-based National Home Health Care; and Addison, Texas-based Jordan Health Services. Backed by private equity […]