Hospice News December 11, 2024
Texas-based New Day Healthcare LLC has announced its acquisition of Good Samaritan Society’s hospice operations in its home state. The financial terms of the deal were undisclosed.
The transaction includes Good Samaritan’s hospice assets in El Paso, Texas, expanding New Day’s existing presence in that market. The deal marks an important strategic move as New Day Healthcare ramps up M&A activity in the near future, according to CEO and Founder G. Scott Herman.
“Acquiring these strong-performing hospice operations from Good Samaritan allows us to further execute our plans to provide multiple service lines in the El Paso market,” Herman said in a statement shared with Hospice News. “We have been public with our plans to be very strategic in...