Home Health & Hospice Week

Industry Notes:

Hospices Make Buys In 2 Southeast States

The busy hospice mergers and acquisitions market continues to hum.

In Georgia: Alleo Health System, parent of Hospice of Chattanooga, has acquired Angel Heart Hospice in Marietta. The deal enlarges Alleo’s service area in the state to eight counties. Alleo also operates in Tennessee, Alabama, and North Carolina.

In North Carolina: Onslow County is selling Onslow Home Health and Hospice to Wilmington-based Lower Cape Fear Lifecare for $3.25 million, reports The Daily News in Jacksonville. Onslow ended the 2020 fiscal year with a $503,498 deficit from home health and $189,653 from hospice, the newspaper says. The sale is expected to close by Oct. 1.

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