Home Health Care News May 26, 2022
The SCAN Group announced on Thursday that it has acquired The Residentialist Group (TRG), an organization that provides chronic disease management, palliative care and home-based care to seniors.
The deal is noteworthy because it marks the first time the organization has acquired an outside company. SCAN declined to disclose financial terms of the deal.
“A few years ago, as our board was doing a strategic refresh, there was an acknowledgement that there are many ways to keep seniors healthy and independent,” Dr. Sachin Jain, president and CEO of SCAN Group and SCAN Health Plan, told Home Health Care News. “Medicare Advantage is one way to do that, but it’s by no means the only way. We wanted to find other...
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