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HomeCentris Healthcare, LLC Announces the Acquisition of Personal Touch Home Care of Baltimore, Inc
Amzeal News/10308949
BALTIMORE - March 22, 2019 - Amzeal -- HomeCentris Healthcare, LLC ("HomeCentris") a Maryland leader in providing home-based health care solutions, today announced it has entered into a definitive agreement to acquire Personal Touch Home Care of Baltimore, Inc. ("Personal-Touch Baltimore") the Maryland home health operations of Personal-Touch Home Care, a national skilled home health and non-skilled home care provider. Personal-Touch Baltimore has operated in Maryland for nearly 40 years. The acquisition is subject to regulatory approval and normal closing conditions. Personal-Touch Baltimore is licensed in six Maryland counties and has relationships with many institutional payors, both of which will significantly expand the reach of HomeCentris. HomeCentris is currently Maryland's largest independent Medicaid home care provider with four offices throughout the state. This acquisition will allow HomeCentris to layer in skilled home health services to many of its existing clients and new clients throughout central Maryland. HomeCentris welcomes the Personal-Touch Baltimore team and looks forward to integrating them into the HomeCentris family. Together, the combined company will be a strong player in the Maryland home care market.
"This is a perfect fit for HomeCentris both geographically and philosophically. We have demonstrated that our three-pronged continuum of long-term home care, skilled home health, and mobile primary care can proactively help keep clients safe and out of more expensive, institutional settings.", said Matthew Auman, CEO of HomeCentris. "With this larger skilled home health footprint and an expansion of our mobile primary care division, we will be able to offer our full continuum in much of central Maryland, empowering more clients to remain in the community, and lowering costs for our hospital partners. Our existing home health agency is a Five-Star rated operation and we look forward to working with Personal-Touch Baltimore to capitalize on their long history of quality outcomes."
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"We are pleased that HomeCentris recognizes the value of our Personal Touch Home Care of Baltimore business, as well as the value of the employees who support that business every day.", said Robert Caione, CEO of Personal-Touch Home Care. "We view this as an excellent opportunity for HomeCentris to expand their skilled home health reach and build a growth model that takes the business to the next level of patient care at home."
About HomeCentris:
HomeCentris Healthcare, LLC (http://www.homecentris.com) is an independent home and community-based care organization headquartered in Owings Mills, MD. HomeCentris and its subsidiaries have operated in Maryland since 2000. The combined HomeCentris/ Personal-Touch Baltimore company will have approximately 1,400 clients, and over 1,200 employees in Maryland. The company's personal care division, HomeCentris Personal Care, is licensed in Maryland as a Residential Service Agency and is the state's largest Medicaid Waiver home care provider. The acquisition will strengthen the company's skilled home health offering, HomeCentris Home Health, and will expand the reach of its mobile primary care division, HomeCentris Community Care. HomeCentris provides services to private pay clients, Medicaid waiver clients, Medicare clients, veterans, and clients with other third-party payors.
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About Personal-Touch Baltimore
Personal Touch Home Care of Baltimore, Inc. ("Personal-Touch Baltimore") is the Maryland Medicare-Certified, skilled home health subsidiary of Personal-Touch Home Care (www.pthomecare.com), a national provider of skilled home health and non-skilled home care services. Personal-Touch Baltimore is located in Towson, MD and has been operating in Maryland since 1981. The company employs 30+ office and field staff and serves approximately 175 patients, requiring skilled home health services, such as nursing and physical, occupational, and speech therapies, throughout the Baltimore Metropolitan region.
If you would like more information about this topic, please contact Matthew Auman - CEO at 410-486-5330 or by email at matt.auman@homecentris.com.
"This is a perfect fit for HomeCentris both geographically and philosophically. We have demonstrated that our three-pronged continuum of long-term home care, skilled home health, and mobile primary care can proactively help keep clients safe and out of more expensive, institutional settings.", said Matthew Auman, CEO of HomeCentris. "With this larger skilled home health footprint and an expansion of our mobile primary care division, we will be able to offer our full continuum in much of central Maryland, empowering more clients to remain in the community, and lowering costs for our hospital partners. Our existing home health agency is a Five-Star rated operation and we look forward to working with Personal-Touch Baltimore to capitalize on their long history of quality outcomes."
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"We are pleased that HomeCentris recognizes the value of our Personal Touch Home Care of Baltimore business, as well as the value of the employees who support that business every day.", said Robert Caione, CEO of Personal-Touch Home Care. "We view this as an excellent opportunity for HomeCentris to expand their skilled home health reach and build a growth model that takes the business to the next level of patient care at home."
About HomeCentris:
HomeCentris Healthcare, LLC (http://www.homecentris.com) is an independent home and community-based care organization headquartered in Owings Mills, MD. HomeCentris and its subsidiaries have operated in Maryland since 2000. The combined HomeCentris/ Personal-Touch Baltimore company will have approximately 1,400 clients, and over 1,200 employees in Maryland. The company's personal care division, HomeCentris Personal Care, is licensed in Maryland as a Residential Service Agency and is the state's largest Medicaid Waiver home care provider. The acquisition will strengthen the company's skilled home health offering, HomeCentris Home Health, and will expand the reach of its mobile primary care division, HomeCentris Community Care. HomeCentris provides services to private pay clients, Medicaid waiver clients, Medicare clients, veterans, and clients with other third-party payors.
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About Personal-Touch Baltimore
Personal Touch Home Care of Baltimore, Inc. ("Personal-Touch Baltimore") is the Maryland Medicare-Certified, skilled home health subsidiary of Personal-Touch Home Care (www.pthomecare.com), a national provider of skilled home health and non-skilled home care services. Personal-Touch Baltimore is located in Towson, MD and has been operating in Maryland since 1981. The company employs 30+ office and field staff and serves approximately 175 patients, requiring skilled home health services, such as nursing and physical, occupational, and speech therapies, throughout the Baltimore Metropolitan region.
If you would like more information about this topic, please contact Matthew Auman - CEO at 410-486-5330 or by email at matt.auman@homecentris.com.
Source: HomeCentris Healthcare
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