The LTM Group has announced the acquisition of Wichita Home Health Services. The deal will add more than 500 team members and more than 1,000 patients to the company’s network.
Based in Wichita Falls, Texas, Wichita Home Health Services has provided home care to patients in its surrounding communities since 1969. The business was founded by Dr. Ruth Constant, who developed the first home health agency certified under Medicare in 1966. She was also one of the founding fellows of the National Association for Home Care & Hospice and the Texas Association of Home Care and Hospice (TAHC). Wichita Home Health is currently led by Chrystal Everett, who also serves as the president of TAHC.
The LTM Group is a Dayton, Ohio-based company founded in 2007. Through multiple locations, the company provides home health, personal care, hospice and rehabilitation services. The organization collaborates with healthcare systems and payers to deliver care to patients in Indiana, Ohio, Michigan and Texas.
According to LTM Group CEO David Kerns, the acquired company will continue operating under the Wichita Home Health Services brand, and all local leadership will remain the same.
“We are honored to be able to continue the legacy of the Wichita Home Health team,” said Kerns. “It will be an anchor within the Texas market with a goal of expanding throughout the southwest region. It also helps us expand our talented leadership team by adding some of the brightest minds in home care.”
The acquisition agreement was finalized a week prior to the announcement on August 12, 2024. The transaction is set to be completed in Q4 2024. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 61st Home Health & Hospice (HH&H) transaction of the year. There were 100 HH&H deals announced during 2023, and 115 announced during 2022.
