Hospice News November 4, 2024
The long term care company Mission Health Services has acquired Utah-based Angel’s Crossing Home Hospice.
Mission is a nonprofit provider of nursing home, assisted living, short term care, memory care and therapy services. The M&A advisory firm Agenda Health facilitated the transaction. Financial terms were undisclosed. The deal marks Mission’s first foray into the hospice space.
“The sellers made the strategic decision to divest their business to pursue a new venture. Their goal was to reallocate their time, energy and resources towards founding a hospice in a different region of the country,” Stephen Walters, senior director for Agenda Health, told Hospice News in an email. “This transition allowed the sellers to blend their professional expertise with a personally meaningful initiative,...
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