COLLEGE STATION, Texas, Dec. 7, 2020 /PRNewswire/ — Traditions Health, LLC (“Traditions”), a national hospice and home health provider, announced that it has acquired Centennial Hospice (“Centennial”), a provider of hospice services in Oklahoma.
The acquisition of Centennial strengthens Traditions’ leading presence in the Oklahoma City market. Kevin Offel, the President and CEO of Centennial who will be taking on a regional leadership role for Traditions post-transaction, remarked “We look forward to joining the Traditions team where we will continue to provide exceptional care and service to our patients. It has been a great pleasure working alongside the Centennial ownership group, management team and our loyal team of caregivers. We are excited to continue this journey under the Traditions umbrella.”
As a leading provider of hospice and home health services, Traditions offers skilled nursing, therapy services, and both physical and spiritual end of life care. The transaction announcement was made by Bryan Wolfe, the President and CEO of Traditions. “I am extremely excited to strengthen our existing presence in Oklahoma. This is an enormous accomplishment for our organization, and we could not be more excited to welcome the employees and patients of Centennial into the Traditions family,” said Mr. Wolfe. Read the full press release here.
Home Health, Home Care and Hospice M&A Report: Q4 2020 – Mertz Taggart - […] December, private equity-backed post-acute care provider Traditions Health purchased Oklahoma-based Centennial Hospice. The Care Team acquired InTeliCare Home Health…
#hospice #mergersampacquisitions #mergersandacquisitions #hospicemergerandacquisition #hospicesale