Halcyon Completes First Acquisition in South Georgia
Halcyon acquires Grace Hospice, increasing coverage by twelve counties.
Valdosta, GA (PRWEB) January 15, 2013
Halcyon announces the completion of the first hospice acquisition in South Georgia. The acquired company is Grace Hospice, located in Valdosta, GA.
Halcyon was formed in 2010 by Health Evolution Partners (HEP), Dan Kohl, and Jack Draughon to build the leading hospice and home health company in the Southeastern U.S. Halcyon completed their first two acquisitions in 2011 covering more than 40 counties in North Georgia. This acquisition marks the first entry into South Georgia, expanding the footprint of Halcyon by twelve counties.
“Grace Hospice has an outstanding reputation for providing top quality patient care and customer service,” says Dan Kohl, CEO of Halcyon. “We’re delighted that Betty Steedley and Sharon Cunningham, the former owners, will be on board to help us grow the South Georgia territory and honored for the opportunity to continue their top notch level of service.”
“We decided to sell to Halcyon because we were excited about the potential to build the leading hospice in South Georgia,” says Sharon Cunningham, one of the former owners of Grace Hospice. “We look forward to working with the Halcyon team.”
Halcyon will initially operate under the Grace Hospice name and provide the same level of outstanding service that patients and families have become accustomed to receiving.
About Halcyon Healthcare:
Halcyon Healthcare seeks to become the leader in delivering the highest quality, cost effective hospice and home health services utilizing information to improve clinical outcomes and provide peace of mind for the patient. For more information contact Dan Kohl (danathalcyonhealthcaredotcom) or Jack Draughon (jackathalcyonhealthcaredotcom). The name Halcyon Healthcare is synonymous with high-quality, innovative, compassionate care. We are a portfolio company of Health Evolution Partners. In the near future, Halcyon Healthcare will be comprised of two entities: Halcyon Hospice and Halcyon Home Health. With our two recent hospice acquisitions, Halcyon Hospice is delivering on its promise to provide outstanding hospice services. We are pleased to announce that Compassionate Hospice of Georgia and Altus Healthcare and Hospice, two leading Georgia hospice providers, have joined the Halcyon Hospice family.
About Health Evolution Partners:
Health Evolution Partners invests in rapidly growing companies that are commercial leaders in the health care industry, including: Hospitals, physicians, managed care, pharmaceutical developers, device makers and consumer products and services. Health Evolution Partners is guided by a team of exceptional health care investors and operators. We connect our companies to an unparalleled network of health care innovators, policymakers and thought leaders. We bring both financial resources and mind-share to our companies. Health Evolution Partners forms close working partnerships with outstanding management teams who are building important and valuable enterprises. We align our success with our companies as they grow and prosper. For more information on Health Evolution Partners, visit http://www.healthevolutionpartners.com.
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