Industry News • October 8, 2019
MANSFIELD, Texas–(BUSINESS WIRE)–AngMar Medical Holdings, Inc. announced today that after more than 20 years of managing home health companies, on October 1, 2019, it acquired a Hospice company for an undisclosed amount, located in Wichita, Kansas. This company is the first location to serve under its new brand – Angels Care Hospice – which is being introduced in Kansas and will be used for all future hospice locations.
“As a home health provider, we have spent years developing our chronic care disease management programs; therefore, Angels Care entering into the hospice space was simply a natural progression of our patient care offerings”
“This is an exciting time for our company because for the first time ever, we will be able to offer a continuum of skilled patient care that has never been possible for the Angels Care brand prior to October 1, 2019,” said Tony Miller, Chief Operating Officer of AngMar Medical Holdings. “As a home health provider, we have spent years developing our chronic care disease management programs; therefore, Angels Care entering into the hospice space was simply a natural progression of our patient care offerings,” Miller added.
AngMar Medical Holdings is a privately-held company based in Mansfield, TX, that is owned by Mark and Angie Eddins. Prior to this acquisition, AngMar Medical Holdings has managed multiple home health locations in nine states under the Angels Care Home Health brand. The enthusiasm for the growth of the Angels Care brand is at an all-time high, and the company is aggressively looking to expand its hospice product line in geographies where it already has a home health footprint, while simultaneously looking for new home health acquisition opportunities in new geographies. Currently, the company is in negotiations with a large Hospice company with offices in Texas, Florida, Georgia and South Carolina.
“We have seen the patient acuity levels of the home health patient population continuously increase over the last several years, and often we have been unable to care for patients as their chronic illnesses progressed beyond the restrictions of the home health benefit. Our new acquisition and vision shall provide the platform for us to expand beyond the restrictions of the home health benefit and provide the level of support and education required to navigate caregivers and patients through their end of life phases,” said Miller. “Our continuous expansion of the Angels Care brand shall afford our company the opportunity to move forward and prosper in this competitive home care environment for many years to come,” Miller added.
This article originally appeared in an article in BusinessWire.