It’s no secret that private equity is shaping the present and future of home-based care in the United States. It appears to me that in-home care is also rubbing off on PE, however, with multiple examples of the idea coming this week. Generally speaking, private investment groups can come in all shapes and sizes. For […]
Traditions Health
The Pennant Group acquires Open Heart Hospice The Pennant Group Inc. (Nasdaq: PNTG) has purchased the assets of Amarillo, Texas-based Open Heart Hospice. The financial terms of the deal were not disclosed. As part of the agreement, Open Heart Hospice will operate under the name Kinder Hearts Hospice of Amarillo. The deal will allow Pennant […]
DispatchHealth partners with two new health systems The in-home medical care provider DispatchHealth on Tuesday announced partnerships with Eastern Connecticut Health Network (ECHN) and Waterbury Health. The partnerships revolve around bringing patients same-day, at-home medical care. Denver-based DispatchHealth partners with health systems and payers to offer an array of services within the home. The company’s […]
Traditions Health names new president and CEO Traditions Health LLC has named David Klementz its new president and CEO. College Station, Texas-based Traditions Health is a growing home health and hospice provider that currently serves 5,000 patients across fourteen states. Backed by PE firm Dorilton Capital, the provider has acquired multiple post-acute care businesses since […]
Traditions adds to post-acute care platform Traditions Health is adding to its growing post-acute care business. The College Station, Texas-based home health and hospice provider announced a handful of new acquisitions at the start of January. Financial terms of the transactions were not disclosed. In Oklahoma, Traditions acquired two home health agencies: Traditions Home Care […]
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 […]