Residential Hospice, A Subsidiary Of Graham Holdings, Acquires Safe Haven Hospice In Central Illinois From Christian Horizons; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Residential Hospice, part of Graham Healthcare Group and a subsidiary of Graham Holdings Company (NYSE:GHC), has acquired Safe Haven Hospice in Central Illinois from Christian Horizons. The acquisition expands Residential Hospice's service area to include several new counties. Both companies are committed to ensuring a smooth transition and continuity of high-quality care for patients. The acquisition aims to make hospice care more accessible and improve services through enhanced benefits and technological advancements.
December 19, 2023 | 3:11 pm
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Graham Holdings Company's subsidiary, Residential Hospice, has acquired Safe Haven Hospice, aiming to expand its hospice care services in Central Illinois.
The acquisition of Safe Haven Hospice by Graham Holdings' subsidiary is likely to be viewed positively as it expands the company's healthcare services footprint, which could lead to increased revenue and market share in the hospice care sector. However, without financial terms disclosed, the immediate financial impact is uncertain, hence the moderate confidence score.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80