Industry News • September 26, 2018
Regent Healthcare — one of the largest, non-franchised home care agencies in central Maryland — has completed its acquisition of Loving Touch Home Care. Financial terms of the deal were not disclosed.
Odenton, Maryland-based Regent Healthcare is a Joint Commission-accredited home care agency that provides in-home companionship, personal care and skilled nursing services. Regent Healthcare provides services to both private pay and Medicaid-eligible clients across roughly a dozen Maryland counties.
Loving Touch — which also operates Maryland — provides many of the same services as Regent Healthcare, while also offering Alzheimer’s and dementia care, businesses lines that many home care agencies have targeted of late.
Among its strategic advantages, the acquisition will allow Regent Healthcare to establish a local presence in Chestertown.
Regent Healthcare currently employs more than 50 staff members, according to the company.
“Regent is committed to establishing a local presence in the communities we serve, and we are excited to now have a location in Chestertow,” Regent Healthcare President and CEO Felton Magee said in a statement. “With this acquisition, we are now positioned to meet the rising need for in-home personal, companion and skilled nursing care on Maryland’s Eastern Shore, as well as create new job opportunities in the region.”
This article originally appeared in an article on Home Health Care News.