Industry Note:
National Chain Makes Buys On West, Gulf Coasts
Published on Thu Sep 13, 2012
National chain Gentiva Health Services Inc. has a few more feathers to put in its mergers & acquisitions cap. The Atlanta-based company has acquired Family Home Care Corp. in Spokane, Wash., Gentiva says in a release. The deal "enables us to increase our market density in eastern Wash-ington and northern Idaho and provides us significant long-term growth opportunities as we leverage our home health and hospice capabilities in these markets," Gentiva's Tony Strange says in a release.Gentiva has also bought Mississippi Hos-pice, with locations in Tupelo, Oxford and South-aven, Miss. "This transaction enables us to expand our geographic coverage in Mississippi and is consistent with our strategy of adding high quality, clinically focused hospice providers that make strategic sense and complement our organic growth initiatives," Strange says in a separate release.