IntegraCare Closes Acquisition of Outreach’s Medicare Services Business

– IntegraCare Holdings, Inc.™, a visionary provider of Home Health, Hospice and Community Services, has closed its acquisition of Outreach Health Service’s Medicare Services (“OMS”) business this date.
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Grapevine - Texas - US

July 27, 2011 - PRLog -- GRAPEVINE, TX - July 27, 2011 – IntegraCare Holdings, Inc.™, a visionary provider of Home Health, Hospice and Community Services, has closed its acquisition of  Outreach Health Service’s Medicare Services (“OMS”) business this date.  Outreach is a trusted provider of homecare services with over 35 years of service in dozens of communities.  With this acquisition, IntegraCare strengthens its leadership position as a prominent home health services agency, expanding its service area footprint within the state of Texas and delivering on the promise of exceptional in-home care.

“At IntegraCare, we pride ourselves on integrity and teamwork, which I believe is very consistent with the principles and culture that Outreach operates under,” stated David Hagey, President and CFO of IntegraCare. “In fact, one of the primary reasons that Buddie Ball [CEO, Outreach] decided to sell Outreach’s Medicare business to IntegraCare was because there is that communality between our two organizations.”

IntegraCare and OMS have an agreement to help facilitate a seamless transition for OMS clients and employees alike.  “The combination of our two organizations will make us a stronger company to compete in this ever-changing regulatory environment, and IntegraCare will continue to invest in our employees by providing the latest technology tools so that our clinicians can provide the highest quality of care to our patients,” said Mr. Hagey.

IntegraCare’s home health division is the Company’s largest service line.  Outreach has 13 Medicare offices, most of which expands the IntegraCare Service area.  Pre-closing, IntegraCare serviced over 140 counties and provided care to more than 2,100 Home Health patients.  “By joining our home health businesses, IntegraCare will increase its service area to over 180 counties, and will provide care to over 2,800 patients,” said Chris Gerard, CEO of IntegraCare.  “OMS has always provided quality care to their patients, offering many of the same services as IntegraCare.  However, we bring additional benefits to OMS clients, referral sources and to the community, as we provide a number of specialty programs, Cardiac Care, Rehospitalization Prevention and Low Vision Programs to name a few and our state of the art Point-of-Care software enables our caregivers to efficiently coordinate care with physicians, caseworkers and in-house staff.”

“In acquiring certain agencies and/or divisions, IntegraCare has always had the goal of partnering with a seller who is a recognized leader in the field, one that could help to facilitate a smooth transition for their customers and one that wants extremely promising opportunities to be presented to their employees,” added Chris Gerard, “And with this acquisition, we believe we have achieved this objective.”

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Founded in 1998 and based in Grapevine, Texas, IntegraCare Holdings, Inc. is a visionary provider of home health, hospice and community services in North and West Texas. Within IntegraCare and among the many communities we serve, we are recognized for adherence to exceptional performance standards. From clinical to sales and throughout the organization, our entire staff exudes integrity, empathy and teamwork in every interaction. With compassion and collaboration, from intermittent care to end of life, we honor the humanity of our patients with every contact. Our ability to manage the full continuum of care becomes a shining light of comfort for patients and their families in their time of need. Ultimately, our patients feel that the IntegraCare team genuinely care about their needs, and they sense that they are connected to an organization working tirelessly to improve the quality of their life.

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Source:David Hagey
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Tags:Home Health Care, Senior In-home Care, Geriatrics, Acquistions, IntegraCare
Industry:Health, Family
Location:Grapevine - Texas - United States
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