Home Health & Hospice Week

Industry Note:

Equity Firm Launches Post-Acute Platform With Virginia Acquisition

And a new private equity firm has entered the home health space. London, U.K.-based Bridges Fund Management has invested in James River Home Healthcare in Richmond, Virginia, the firm says in a release.

James River’s “partnership with Bridges will be the first step in building a broader post-acute care platform in both Virginia and surrounding states,” Bridges says.“Expansion efforts will be realized through both acquisition and opening of new branch offices.” James River CEO Shane Maley will lead company operations and retain a significant ownership stake, Bridges says.

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