Hospice News September 16, 2021
Jim Parker

Care Hospice has purchased the assets of Tennessee-based nonprofit Hospice of Chattanooga and its parent organization, Alleo Health System. As a result of the transaction, Chattanooga and Alleo will transition to for-profit status. Financial terms were undisclosed.

Alleo and its affiliates care for patients in Tennessee, Georgiaaa, North Carolina and Alabama. The organization was established in 2019 when Hospice of Chattanooga reorganized as a larger multi-state provider, retaining its original brand as an Alleo subsidiary. The Care Hospice transaction did not include Hospice of Chattanooga’s philanthropic foundation.

“For more than 40 years, Hospice of Chattanooga and their care partners in the four-state Alleo Health network have provided family-focused care meeting the medical, emotional and spiritual needs of patients and their...

Today's Sponsors

ZeOmega
Holon
Transcarent

Today's Sponsors

Crossover Health
Qure4u

Today's Sponsor

Institute for Healthcare Improvement

 
Topics: Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
Big Shifts in Nonprofit Senior Living Staffing and Tech Usage, But Familiar Names Top Largest Providers List
Increasing Supply Fueling Home Health, Home Care Transactions
Next Generation ACOs Saved Medicare $667M, Reduced SNF Spending
Hospices Weigh Home-Based Primary Care Partnerships Vs. Launching Service
CMS highlights state innovations to expand Medicaid home, community-based services