The private equity-backed Charter Health Care Group has struck a deal for two home health agencies in the Texas market. Charter Health is acquiring Genesis HospiceCare and Saints Hospice for an undisclosed sum. Founded in 1995, Genesis HospiceCare has provided high-quality hospice care to patients and families in the Athens, Texas, community for more than 25 years while Saints Hospice has served the Plano community for 15 years. No terms were disclosed.
Charter offers a broad spectrum of post-acute care services for patients navigating the last years of life, including hospice, palliative care, acute/hospital-based care, skilled home health and private duty home care. Charter’s expertise in complex care management reduces hospital admissions and emergency room visits by bridging gaps in care. The company serves more than 5,000 patients in seven states. The addition of Genesis and Saints brings the number of Charter locations to 18 and marks the company’s fourth program in Texas.
Charter is backed by Pharos Capital Group, which acquired the home health agency back in 2018. Since then, the two have announced seven transactions for home health agencies in Texas, Nebraska and Utah.
