Chartwell Home Care, (CHC) a leading provider of in-home care services, is proud to announce it has become a wholly owned subsidiary of Jordan Health Services, Inc. (JHSI), based in Mount Vernon, Tx.
“We are excited to bring Chartwell into the Jordan Health Services family.” says Roy Serpa, CEO of JHSI. “By assimilating Chartwell into JHSI and combining our complementary strengths, we are well positioned to provide the highest level of care to our patients and create greater value for the medical communities we serve.”
“The purchase of Chartwell firmly establishes Jordan as a state-wide provider of in-home Medicaid and Medicare services.” says Mike Jordan, Chairman of JHSI. “When we started 1975, our goal was to provide quality home health services in our home markets of East Texas. For the past 32 years, we have had the privilege of caring for thousands of families and with the addition of Chartwell, we can continue this tradition state-wide.”
In connection with the acquisition, JHSI has partnered with Trinity Hunt Partners, a Dallas based private equity firm affiliated with the Lamar Hunt family, to accomplish its longer-term goals. According to Pete Stein, a Partner at Trinity Hunt, “The management team at JHSI has earned an industry-leading reputation for quality patient care. This acquisition positions JHSI to meet the increasing demands for high quality, professional, and cost effective home healthcare within the entire state of Texas.”
With the purchase of Chartwell, Jordan Health Services will operate 29 office locations from its Mount Vernon headquarters, with more than 11,000 employees delivering services to over 15,000 clients in over 200 counties in Texas.
About Jordan Health Services:
Jordan is an industry leader and prominent provider of home health services to both Medicare and Medicaid eligible patients, servicing the citizens of Texas since 1975. The company also services Miller County in Arkansas. Jordan is licensed to provide home care services by both the State of Texas and State of Arkansas. Jordan is continuing to expand its services through acquisitions and internal growth.
Posted on Wed, April 4, 2007
by Jordan Health Services