MANSFIELD, Texas--(BUSINESS WIRE)--AngMar Medical Holdings, Inc. announced today the June 11, 2020, acquisition of hospice service provider Graham Regional Hospice which will be servicing patients out of a Wichita Falls, Texas location. Reliable Hospice LLC in Shenandoah, Texas was also acquired on June 26, 2020, and will be servicing patients out of a Bay City, Texas location. The closing of Reliable Hospice LLC marks the third Hospice acquisition for the company since October 2019. Financial terms of these acquisitions were not disclosed. Wichita Falls and Bay City both provide services under the brand – Angels Care Hospice – which launched in October 2019 in Wichita, Kansas.
“We are thrilled to be in a position to continue building and growing our presence in the hospice business,” said Mark Eddins, President of AngMar Medical Holdings, Inc. “We will continue to explore opportunities for the Angels Care Hospice brand to expand into the markets where we already have a home health footprint. This enables us to manage the patient and family centered end of life care driven by comfort, compassion and peace of mind to more patients in more areas,” Eddins added.
AngMar Medical Holdings, Inc. is a privately held company based in Mansfield, Texas, owned by Mark and Angie Eddins. Prior to launching the Angels Care Hospice product in 2019, AngMar Medical Holdings, Inc. has managed 70 home health locations for over 20 years in nine states under the Angels Care Home Health brand.
“Despite all the disruption and temporary and permanent regulatory changes that resulted from the COVID-19 pandemic, our company has been resilient and continued to press forward with the hospice acquisition plan," said Wesly Maness, Chief Legal Officer for AngMar Medical Holdings, Inc. “Our solid corporate organizational structure allows us to continue aggressively looking for sound hospice companies to add to our family of AngMar Medical Holdings, Inc. managed companies.”
“This is an exciting time for our Angels Care brands. We will continue the aggressive expansion of our hospice service line to complement our home health solutions. Our company is actively involved in negotiations for hospice companies in Arizona, Oklahoma, and Texas and plan to manage 6-8 Angels Care Hospice locations by the end of 2020,” said Tony Miller, MPT, Chief Operating Officer for AngMar Medical Holdings. “Adding an option for end of life hospice services in our overlapping home health markets gives Angels Care patients and referral sources a short, and long-term solution for managing chronic medical diagnoses,” Miller said.
About AngMar Medical Holdings, Inc.
AngMar Medical Holdings, Inc. is a privately held company that manages the operation of a network of multiple home health agencies in nine states, including Arizona, Florida, Iowa, Kansas, Indiana, Nebraska, Ohio, Oklahoma and Texas. The companies serve thousands of patients under the AngMar managed umbrella are known as Angels Care Home Health and since 2000 have served over 179,390 patients. Since adding Angels Care Hospice, the numbers continue to grow, fueled by the specialized patient-centered care that the company provides and its commitment to excellence in serving its local communities. For more information about Angels Care Home Health, visit AngelsCareHealth.com. For more information about Angels Care Hospice, visit AngelsCareHospice.com.