Hospice News November 27, 2024
Jim Parker

Kansas-based Faith Home Health and Hospice will acquire the home-based care operations of Holton Community Hospital.

The hospital in September announced that it would be closing its home health and hospice services as of Dec. 31, citing “significant financial challenges brought on by changes in health care payment models, the expansion of Medicare replacement plans and increasing competition from other agencies.”

“[The two organizations are] actively working towards finalizing a purchase agreement that ensures [the hospital’s] dedicated local staff will continue to provide compassionate care to the community,” Holton Community Hospital CEO, Carrie Lutz, said in a press release. “Faith Home Health and Hospice shares [the hospital’s] commitment to exceptional service and is enthusiastic about partnering with [the hospital] to...

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Topics: Mergers & Acquisitions / JV, Post-Acute Care, Provider, Trends
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