Gentiva Inks Deal to Acquire Heartland Hospice from ProMedica for $710 Million
Hospice News
FEBRUARY 27, 2023
The hospice, palliative care and personal care provider Gentiva has agreed to acquire Heartland Hospice and other assets from the home-based care company ProMedica. Heartland is valued at $710 million, Bloomberg reported. Gentiva is a portfolio company of the private equity firm Clayton, Dubilier & Rice (CDR). The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home.
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