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NEWS2019-08-12T19:16:29-04:00

INDUSTRY NEWS

St. Croix Hospice Welcomes Serenity Care Hospice to its Tradition of Excellence

March 2nd, 2020|

ST. PAUL, Minn., March 2, 2020 /PRNewswire/ -- As part of its ongoing commitment to serving patients and families in need of high quality and compassionate end-of-life care, St. Croix Hospice is proud to bring Serenity Care Hospice into the fold. The Oakdale, Minnesota-based agency serves communities in Iowa, Kansas, Minnesota, Nebraska and Wisconsin, and with the addition of Serenity Care Hospice will now serve Missouri.

United in Care: Stratum Health System, Empath Health announce intent to merge

February 27th, 2020|

Empath Health and Stratum Health System announced today that they have entered into formal discussions to merge the two organizations. This action brings together two integrated networks of care that share a commitment to the preservation of their charitable missions of not-for-profit hospice, home care and community-based services. The new organization will care for more than 6,000 people a day.

Cimarron Healthcare Capital Announces Acquisition of Ascent Behavioral Health

February 19th, 2020|

SALT LAKE CITY, Feb. 19, 2020 /PRNewswire/ -- Cimarron Healthcare Capital ("CHC"), a private equity firm focused on making investments into healthcare companies in the lower middle-market, today announced that it has completed the acquisition of Ascent Behavioral Health ("Ascent" or "the Company") together in partnership with Company's management team, Monroe Capital ("Monroe") and Veronis Suhler Stevenson ("VSS"). Ascent provides wilderness therapy, residential treatment and therapeutic boarding school programs for adolescents with mental health issues such as depression, anxiety and attachment disorder. Financial terms of the private transaction were not disclosed.

Caregiver Inc. Completes Acquisition of Mosaic Operations in Texas

February 11th, 2020|

FORT WORTH, Texas--(BUSINESS WIRE)--Caregiver Inc., the leading Texas provider of long-term care services and supports to people with intellectual and developmental disabilities, announced today it has closed on its acquisition of Mosaic operations in Texas, expanding the company’s presence in the state and strengthening its portfolio of providers.

The Center for Balanced Living in Columbus, Ohio Announces the Joining of Treatment Services with The Emily Program, a National Leader in the Treatment of Eating Disorders

February 3rd, 2020|

COLUMBUS, Ohio, Feb. 3, 2020 /PRNewswire/ -- The Center for Balanced Living has entered into an agreement for the transition of The Center's eating disorder treatment services to The Emily Program, one of the largest eating disorder treatment programs in the country. The eating disorder treatment program at The Center will become The Emily Program – Columbus when the process finalizes at the beginning of March 2020. The Center for Balanced Living will continue as a non-profit with the mission of community education and advocacy aimed at raising awareness and reducing stigma of eating disorders. Both The Center and The Emily Program will be housed at the current location.

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