Home Health & Hospice Week
Nurse Owners Sell Decades-Old Agency
A former hospital executive has purchased Tyler, Texas-based Genesis Homecare & Hospice, reports the Tyler Morning Telegraph.
Oran Ferrell III bought the majority interest in the 20-year-old agency from co-founding nur-ses Susan Sharp and Stephanie Smitson, the newspaper says. Sharp and Smitson retain a 10 percent stake in the agency, and Sharp will continue in a consulting capacity for two years to teach Ferrell the intricacies of the business, according to the Telegraph.
Ferrell thought about opening a food truck business in his retirement, but decided to use his decades of health care experience instead, the paper says. He hopes to improve care coordination be-tween acute and post-acute settings via the agency.
Genesis has more than 50 employees in three locations that serve 10 counties, and about 225 patients, including 25 in hospice care.
Home Health & Hospice Week
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Nurse Owners Sell Decades-Old Agency
A former hospital executive has purchased Tyler, Texas-based Genesis Homecare & Hospice, reports the Tyler [...]
