VitalCaring Group has acquired home health, hospice and
palliative care operations from Traditions Health.
Three other providers acquired other hospice and palliative care
assets from Traditions: The Care Team, LifeCare Home Health
Family and Mission Healthcare. The deal, announced Wednesday,
adds five new states to VitalCaring’s footprint.
“We are excited to welcome the Traditions Health team members who
are joining us and to expand our ability to serve more patients
and families across the United States,” April Anthony, CEO of
VitalCaring Group, said in a statement. “We look forward to
supporting the communities these locations have long cared for
and bringing genuine caring to even more people.”
Franklin, Tennessee-based Traditions provides hospice, home
health and palliative care along with consulting services in 18
states. Dallas-based VitalCaring provides home health and
hospice services in the southeast. The provider, backed by
Anthony herself, The Vistria Group and Nautic Partners, operated
in six Southeastern states before the acquisition.
According to VitalCaring’s site
<https://vitalcaring.com/traditions-health-locations/> , the deal
adds 35 home health agencies, 37 hospice locations and three
palliative care locations to the company’s operations. Most of
the acquired home health assets are in Oklahoma, with others in
Texas, Kansas and Missouri.
The deal will add resources, clinical expertise and a
mission-driven approach to the acquired Traditions locations,
according to VitalCaring. A page
<https://vitalcaring.com/traditions-health-is-becoming-vitalcarin
g/> on the company’s website stated that the provider is ready
to welcome Traditions’ team members, patients and referral
partners.
“As we move forward together, our focus remains the same:
bringing genuine caring to every patient and family who relies
upon us,” Anthony said. “I’m grateful for the dedicated
Traditions team members that are joining our family and I look
forward to the impact we will make together in the communities we
serve.”
VitalCaring was previously lined up to acquire over 100 home
health and hospice locations divested as part of the UnitedHealth
Group’s (NYSE: UNH) acquisition of Amedisys. The deal was
suspended
<https://homehealthcarenews.com/2025/01/amedisys-halts-sale-of-ho
me-health-hospice-locations-to-vitalcaring/> in January after a
federal court ordered
<https://homehealthcarenews.com/2024/12/court-orders-vitalcaring-
to-share-43-of-profits-with-encompass-health/> VitalCaring to
allocate a significant portion of its future profits to Encompass
Health and Enhabit.
In 2023, Anthony, the former CEO and founder of the home health
division of what came to be Encompass Health Corp. (NYSE: EHC),
told
<https://homehealthcarenews.com/2023/03/a-look-behind-the-curtain
-at-april-anthonys-new-home-health-company-vitalcaring/> Home
Health Care News that she planned to grow the company through de
novos, acquisitions and “true” organic growth.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
