Pharos Capital-backed Charter Health Care Group completed the acquisition of St. Luke's and Arizona Select.

Pharos Capital Group-backed post-acute care provider platform Charter Health Care Group completed the acquisition of two hospice service providers, St. Luke's Home Hospice and Arizona Select Hospice. Financial terms were not disclosed. "We are pleased to add St. Luke's and Arizona Select to our portfolio. They are premier hospice care providers that share our mission of leading the industry toward better transitional solutions for patients, families, and caregivers. We are proud of our strong record of mitigating hospital readmissions, reducing the duration of acute care stays, and providing appropriate care levels, and we look forward to growing, both organically and through partnerships with top companies where we can add complementary services," Steve J. Larkin, Charter CEO.