Sell side advisory services during Home Sense acquisition by Jordan Health Services was provided by Stoneridge Partners, Partner Joe Lynch.
PRESS RELEASE: Posted on Mon, January 2, 2017 by Tanya Forno, Jordan Health Services
Jordan Acquires Health Sense Hospice Inc., Health Sense Home Care, Inc., and Health Sense Home Care of San Antonio, LLC, Dallas, TX (January 2, 2017)– Jordan Health Services (“Jordan”) a provider of home health, hospice and pediatric services in Texas, Oklahoma and Louisiana, has acquired Health Sense Hospice Inc., Health Sense Home Care, Inc., and Health Sense Home Care of San Antonio, LLC (“Health Sense”), a hospice and skilled services provider based in Austin and San Antonio, Texas. Health Sense cares for approximately 420 patients and their families daily.
According to Jeff Fisher, EVP of Growth and Development, “The acquisition of Health Sense fits perfectly with our continued commitment to the expansion of our current skilled care and hospice operations in Texas.”
“Health Sense’s commitment to home bound seniors and their families is a mission that aligns perfectly with Jordan’s continuum of care practices and standards. We are excited to have Health Sense’s seasoned professionals join the Jordan team,” added Scott Herman, CEO of Jordan. Transaction terms were not disclosed.
About Jordan Health Services (www.jhsi.com)
Founded in 1975 and based in Dallas, TX, Jordan Health Services is one of the nation’s largest home care providers. With its unique blend of services including personal care, case management, skilled nursing, therapy, and hospice services, Jordan’s team of highly skilled and dedicated professionals provide care to approximately 33,000 patients throughout the states of Texas, Oklahoma, Arkansas, and Louisiana.
About Health Sense Hospice Inc., Health Sense Home Care, Inc. & Health Sense Home Care of San Antonio, LLC (www.callhealthsense.com)Health Sense Hospice Inc., Health Sense Home Care, Inc. and Health Sense Home Care of San Antonio, LLC are locally owned home care companies founded in 2004, committed to the delivery of Hospice and Home Health Services to the residents of the Austin and San Antonio, TX areas. Their teams of dedicated and highly skilled professionals work collaboratively with the physician to develop, implement, and deliver a Plan of Care tailored to meet the unique needs of each patient in the comfort of their home.
Partner Joe Lynch of Stoneridge Partners provided sell side advisory services for HealthSense.
Partner Joseph (Joe) Lynch has over 24 years of healthcare operational expertise under his belt. At Stoneridge Partners, he brings experience in the areas of finance, regulatory compliance, human resources and business development. Throughout his career, he has been a leader in revenue growth and expansion via start-ups, acquisitions and organic growth through marketing and sales in both public and private companies. He has worked in the health care industry for decades, and brings his vast experience, along with a high degree of professionalism, to each transaction.