AccentCare has acquired Southeastern Health Care at Home from Chicago-based private equity firm Geneva Glenn Capital, the company announced Monday. Terms of the deal were not disclosed.
The addition of Southeastern moves post-acute healthcare provider AccentCare into Virginia and the Greater Philadelphia home health market. Southeastern also provides palliative care, hospice and mobile primary-care services.
"Both organizations have a long legacy of closely aligning with renown health systems and physician groups that seek coordinated, collaborative post-acute partners." AccentCare CEO Steve Rodgers said in a statement. "We expect to bring our combined expertise and evidence-driven learnings to improve the home-based care continuum for families and providers across the Mid-Atlantic."
Southeastern has 12 locations in southeast Pennsylvania and Virginia and serves more than 3,100 patients. Dallas-based AccentCare serves more than 200,000 patients in 31 states.
"From our earliest discussions with AccentCare leaders, it was clear we have a shared vision for providing exceptional care to our communities," Werner Freymann, who has served as Southeastern's CEO, said in a statement. "We're excited to advance home care as a member of the AccentCare family and what this means to the patients and families we serve."