Traditions Health purchased Harwood Heights, Ill.-based Heritage Hospice and Palliative Care, Hospice News reports. This has been the company’s third consecutive year of completing multiple hospice transactions, including the acquisition of Homestead Hospice in Georgia earlier this month. Financial terms were undisclosed.
Private equity-backed Traditions Health is a portfolio company of the family-owned investment firm Dorilton Capital Advisors. Headquartered in College Station, Texas, Traditions provides hospice, home health care and consulting services to an estimated 5,000 patients in 17 states. Read more.
