Industry Note:
Two Regional Chains Merge Into One
Published on Wed Apr 27, 2011
Two regional chains are merging to create a larger presence in the Southeastern U.S. Nashville- based SunCrest Healthcare Inc. and Coral Springs, Fla.-based OMNI Home Health will combine to form a company with 75 branches across 10 states with more than 3,000 employees, OMNI parent companies New MainStream Capital and MBF Healthcare Partners say in a release. The merged company will have revenues "approaching" $200 million, the release says. OMNI has locations in Ohio, Florida, Pennsylvania, Indiana, and Illinois, according to its website. SunCrest operates in Tennessee, Alabama, Florida, Georgia, Kentucky, Mississippi, and Missouri. The new chain will offer outpatient rehab and hospice services in some markets.