Home Health & Hospice Week

A Texas-based chain is continuing its rapid growth trajectory.

College Station-based Traditions Health has acquired for an undisclosed sum Winfield, Illinois-based Harbor Light Hospice, which operates 15 offices across seven states (Harbor Light Hospice in Illinois, Indiana, and Ohio, Hospice Care of the Northwest in Oregon, Hospice Community Care in Nebraska and Virginia, and Texas Start Hospice in Texas).

“We are excited to expand our services to several new regions while simultaneously strengthening our presence in multiple existing markets,” says Traditions CEO Bryan Wolfe in a release.

Traditions, which is a portfolio company of private equity firm Dorilton Capital, made multiple acquisitions last year, ending in September with Physician’s Choice Hospice in Oklahoma and Palladium Hospice and Palliative Care in South Carolina and Mississippi.

Other recent deals include:

In Ohio: Frisco, Texas-based Addus HomeCare Corp. has completed its acquisition of Queen City Hospice in Cincinnati and its affiliate Miracle City Hospice for a cash purchase price of $192.0 million, Addus says in a Dec. 4 release. The buy “further advances our strategy of providing hospice and home health care in markets where we already have a significant personal care presence,” Addus CEO Dirk Allison says in the release. “With this acquisition, Ohio becomes the second state where we have the capability to provide all three levels of home care.”

In Iowa: Nonprofits Iowa City Hospice and the Visiting Nurse Association of Johnson County are merging, reports KCJJ News. The VNA primarily serves Johnson County, while Iowa City Hospice’s service area covers seven counties, including Johnson.

In Oklahoma: LHC Group Inc. is entering the state with its acquisition of Grace Hospice of Oklahoma in Tulsa for undisclosed terms. The purchase of the agency with about $12.1 million in annual revenues adds to LHC Group’s “hospice footprint of more than 110 locations around the nation,” the company notes in a release. LHC Group plans to eventually establish home health services in the Tulsa market, it says.

In South Carolina: Birmingham, Alabama-based Affinity Hospice Holdings, a portfolio company of MBF Healthcare Partners II in Coral Gables, Florida, is entering the state with the acquisition of Hands of Mercy Hospice of South Carolina. The purchase “will lay the foundation for future growth and expansion in South Carolina,” MBF says in a release.