Hospice News January 14, 2025
Minnesota-headquartered St. Croix Hospice recently acquired Hospice of Siouxland in Iowa and some of Mayo Clinic Health System’s hospice assets in its home state, two moves that stretched its widening footprint across the Midwest. Financial terms of both deals were undisclosed.
The two transactions mark important milestones in the hospice provider’s growth trajectory during a pivotal time of rising demand, according to Heath Bartness, founder and CEO of St. Croix Hospice. The hospice provider is a portfolio company of the private equity firm H.I.G. Capital.
While both transactions were small in terms of patient census volumes, each deal represented significant opportunities to increase hospice access and strengthen workforce retention, Bartness stated.
“It wasn’t that we gained additional geography in any...
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