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Aveanna Healthcare completed the acquisition of Accredited Home Care for $225m.

Synopsis

Aveanna Healthcare, a a diversified home care platform, completed the acquisition of Accredited Home Care, a private duty services company, for $225m. "We are excited to add Accredited’s growing and well-respected business to Aveanna’s offerings in California. Accredited’s strong unskilled home care business has provided thousands of patients the ability to reduce their need for institutional care and reduce their overall healthcare expenditures. This combination will enhance Aveanna’s position in California to benefit from the accelerating utilization of a growing variety of home-based care options for patients and their families," Rod Windley, Aveanna Executive Chairman.

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