Hospice News August 1, 2024
Hospice of the Western Reserve has completed its affiliation with Hospice of North Central Ohio (HNCO), expanding its geographic presence in the Buckeye state. Financial terms of the deal were undisclosed.
The two hospice providers in February announced the affiliation after signing a letter of intent to enter a Management Services Agreement. With the finalized agreement, HNCO is now part of Hospice of the Western Reserve.
A large aim of the transaction is to expand access to quality, comprehensive end-of-life care across a broader region in the state amid challenges such as rising competition and economic pressures. The affiliation marks an important step towards sustainable growth, according to Hospice of the Western Reserve President and CEO Bill Finn.
“We are...
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