Market Overview

Steward Home Care and Hospice Acquired by Dallas-Based AccentCare

Share:

AccentCare, Inc., a nationwide leader in post-acute healthcare, acquired Steward Home Care and Hospice, effective December 31, 2018.

DALLAS (PRWEB) January 03, 2019

AccentCare, Inc., a nationwide leader in post-acute healthcare, acquired Steward Home Care and Hospice, effective December 31, 2018.

Steward Home Care and Hospice is one of the largest post-acute care providers in its region, serving more than 14,000 patients annually across eight counties in Massachusetts and New Hampshire. While under new ownership, Steward Home Care and Hospice will continue to serve as the exclusive preferred post-acute provider in Steward Health's care services network and will also participate in Steward Health Choice's accountable care organization (ACO), which covers over one million lives.

"AccentCare brings clinical and operational expertise and resources to Steward Home Care and Hospice that will benefit our patients and members in the communities we serve," said Ruben Jose King-Shaw Jr., Chief Strategy Officer and President of Steward Health Care Network.

Acquiring Steward Home Care and Hospice expands AccentCare's footprint to a 16-state reach and its delivery to over 110,000 patients and clients annually.

"I am excited for Steward Home Care and Hospice to join the AccentCare family and honored to serve the Steward Health Care system," said AccentCare CEO Steve Rodgers. "We are impressed with the dedication of Steward's employees, and I am confident the uniting of our two companies will deliver our collective best for patients and community healthcare partners."

"Steward Health Care is proud of its services across the care continuum, including our home health and hospice divisions that provide valuable in-home care," said Brian Swartz, President, Steward Home Care and Hospice. "We are delighted to join a post-acute care company of AccentCare's caliber in quality and customer service."

About AccentCare
AccentCare, Inc. is a nationwide leader in post-acute healthcare as well as specialized care management prior to acute episodes. Its wide variety of innovative services ranges from personal, non-medical care to skilled nursing, rehabilitative therapies, hospice, private duty, care management, and healthcare management services. Headquartered in Dallas, Texas, AccentCare has over 24,000 compassionate professionals in more than 190 locations, serving over 17,000 physicians and 2,000 facilities, regionally branded as AccentCare, AccentCare of New York, Accolade, Alliance For Health, Doctors' Choice, Guardian Home Health & Hospice, Nurses Unlimited, Sta-Home, Steward Home Care and Hospice, and Texas Home Health.

In addition, the company has over 30 regional strategic partnerships with insurance companies, physician groups, and major health systems, including joint ventures branded as AccentCare Asante Home Health, AccentCare UCLA Health, AccentCare UC San Diego Health at Home, and Texas Home Health Group, a home healthcare affiliation with Baylor Scott & White Health.

AccentCare is committed to improving the quality of living for approximately 112,000 individuals each year. Its approach to care, including proprietary RightPath disease-specific programs, consistently exceeds the industry in avoidance of unplanned re-hospitalizations, faster starts of care, and quality performance. Among its distinctions, AccentCare has a 4.4-star quality rating for legacy home health agencies, many of which have earned the HomeCare Elite distinction. All legacy hospice locations are CHAP-accredited, many with advanced designations from the We Honor Veterans program.

About Steward Home Care and Hospice
Steward Home Care and Hospice was previously owned by Steward Health Care, the largest private for profit physician led health care network in the United States. Headquartered in Dallas, Texas, Steward operates 36 hospitals in the United States and the country of Malta that regularly receive top awards for quality and safety. The company employs approximately 40,000 healthcare professionals. The Steward network includes multiple urgent care centers and skilled nursing facilities, substantial behavioral health services, over 7,900 beds under management, and approximately 2.2 million full risk covered lives through the company's managed care and health insurance services.

The Steward Health Care Network includes five thousand physicians across 800 communities who help to provide more than 12 million patient encounters per year. Steward Medical Group, the company's employed physician group, provides more than six million patient encounters per year. The Steward Hospital Group operates hospitals in Malta and nine states across the U.S., including Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania, Texas, and Utah.

For the original version on PRWeb visit: https://www.prweb.com/releases/steward_home_care_and_hospice_acquired_by_dallas_based_accentcare/prweb16012173.htm

View Comments and Join the Discussion!
 
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com