Home Health & Hospice Week
Industry Notes:
County Sells HHA But Retains Hospice
Published on Fri Sep 26, 2014
One North Carolina county is getting out of the home health business. Craven County is selling its home health agency’s assets to Pruitt-Health Home Health Inc., reports the New Bern Sun Journal.
Georgia-based PruittHealth is buying the assets, most notably its Certificate of Need, for $850,000, the Sun Journal says. The 30-year-old agency’s gross revenues over the past four years have totaled about $2.14 million annually. The county is keeping its hospice program, and may build a hospice inpatient facility with the sale proceeds, the newspaper says.
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Home Health & Hospice Week
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