Home Health & Hospice Week

Hospice chain raises minimum pay to $20 per hour.

Reimbursement and regulatory uncertainties aren’t scaring away buyers.

Case in point: College Station, Texas-based chain Traditions Health has acquired Family Comfort Hospice in Scottsdale, Arizona, it says in a release. The new location adds to Traditions’ “existing presence in Mesa and Sun City” in the state.

Traditions operates in 16 states and is a portfolio company of private investment firm Dorilton.

Other recent deals include:

In Wisconsin: Midwest chain St. Croix Hospice has opened a new location is Oak Creek. The opening “allows us to expand our services to more of the Milwaukee area,” says St. Criox CEO Heath Bartness in a release. The company with 50 locations in eight states also “has raised the minimum pay for all full-time positions at the agency to $20 per hour effective Oct. 10,” according to a separate release. That goes for office positions too.

In Minnesota: Best Buy is the latest major player getting into the home care market. The Richfield-based company has agreed to purchase at-home care platform Current Health. “We have the distinct expertise in helping customers make technology work for them directly in their homes,” Best Buy Health president Deborah Di Sanzo says in a release. “By combining Current Health’s remote care management platform with our existing health products and services, we can create a holistic care ecosystem that shows up for someone across all of their healthcare needs.”

In Texas: Texas Elite Hospice has changed its name to Horizons Hospice and has moved its headquarters to Houston. “We are now licensed for the entire state of Texas with a service area that includes the Greater Houston area,” majority owner Kem Kirkham Arnold told the Bluebonnet News.