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Gulfside Hospice & Pasco Palliative Care, Inc.(“Gulfside”) and Community Aging and Retirement Services, Inc. (“CARES”), have announced that the companies have entered into a definitive agreement for Gulfside’s acquisition of certain assets of CARES’ Home Health Agency which will allow Gulfside to provide licensed skilled home health agency services.
The closing of the transaction is subject to the satisfaction of customary closing conditions, including obtaining approval for the transaction from the Florida Agency for Health Care Administration (“AHCA”).
“This business strategy has been a goal for several years, and soon the addition of skilled home health will complement the continuum of services that Gulfside currently provides, allowing people to remain in their homes with many options for care,” said Linda Ward, President and Chief Executive Officer for Gulfside.
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