Mount Vernon, Texas – April 1, 2008 - Jordan Health Services, one of the largest providers of comprehensive home health services in the state of Texas, announced today that it has completed its acquisition of CareLink at Home located in Dallas, Texas.
Jordan Health Services is led by Mike Jordan as Chairman and Roy Serpa as Chief Executive Officer. “We have had the privilege of caring for thousands of families, generation after generation, over the past 33 years,” said Mike Jordan. The acquisition of CareLink at Home expands Jordan Health Services’ Medicare operations into the Dallas/Ft-Worth metroplex and serves to fill a niche market missing in the organization’s growth strategy.
In January 2008, Jordan Health Services acquired Home Health Specialties of Tarrant County which serves Medicare, Medicaid and Pediatric patients for the Tarrant and surrounding counties. “To be a full service home health care agency, we must provide both Medicare and Medicaid services in each of our services areas. With the acquisition of CareLink at Home, we accomplish this goal as Medicare recipients in Collin and Dallas county now have another option for quality care at home.” said Roy Serpa, CEO Jordan Health Services.
The acquisition of CareLink at Home was funded by CIT Healthcare, LLC (www.cit.com). Jordan Health Services, and CIT Healthcare have partnered on past acquisitions and look forward to both a long-term relationship and future planned acquisitions.
About Jordan Health Services - Based in Mount Vernon, Texas, and founded in 1975, Jordan Health Services provides home health services, including personal care, home management and skilled nursing, to Medcaid and/or Medicare eligible patients throughout the entire state of Texas. With over 12,000 employees in 28 locations serving thousands of clients, Jordan Health Services is one of the largest home healthcare providers in the state of Texas.
About CareLink at Home - CareLink at Home serves over 1,000 patients annually and provides skilled nursing and therapy services. Their offices are located at 3220 Oak Grove Avenue in Dallas, Texas.
Jordan Health Services’ mission statement to be “…the leading healthcare provider by providing quality, ethical, cost-effective care delivered by the most qualified, best-trained professionals working in a rewarding family-oriented environment” closely matches the mission of CareLink at Home. Ultimately, both organizations are working towards the same goal which is to provide quality care to the patients that trust us with their home health needs. For more information on Jordan Health Services please visit us at www.jhsi.com.
Financial and Investor Contact:
Pete Stein, Partner
Trinity Hunt Partners
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.
Tue, April 1, 2008
by Jordan Health Services