Home Health Care News June 28, 2024
Elara Caring has acquired Caregivers Home Health in a transaction that allows the company to enter the Iowa market and expand its footprint in Kansas.
The deal falls in line with Elara Caring’s strategy of acquiring companies that will facilitate footprint growth in their existing markets, and its expansion goals in the Midwest.
“There is significant growth potential in their current markets and Caregivers adds to our existing hospice operations in Kansas,” Elara Caring CEO Scott Powers told Home Health Care News in an email. “This aligns with our expansion goals in the Midwest. Additionally, Caregivers has developed substantial market share since 2004. Their quality outcomes, strong relationships with providers, and their community-based approach to care made them an ideal...