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Jet Health Inc, a leading regional provider of home health and hospice services, announced Wednesday the acquisition of Arlington-based Blessings Hospice, founded in 2019.
The acquisition marks Fort Worth-based Jet Health’s fifth hospice-related acquisition, the company says in a statement.
Terms of the transaction were not disclosed. Funding for the transaction was provided by SV Health Investors and Health Enterprise Partners, according to Jet Health company officials.
“The acquisition of Blessings Hospice allows Jet Health to expand its services in a rapidly growing market where we currently serve patients,” says Stacie Bratcher, Jet Health’s CEO, in the news release announcing the transaction. “This acquisition will broaden our footprint throughout Texas, which is not only home to our headquarters but also five additional locations from which we currently operate, providing home health and hospice services. We will seamlessly incorporate Blessings Hospice into our thriving network as we strive to continually make a difference in more lives through our services offering.”
Blessings founder and owner James Santiago: “Jet Health is the perfect partner for Blessings Hospice. Their mission, approach, and focus on patient-centric care is directly in line with that of our organization. With Jet Health’s resources and operational acumen, we can now touch many more patients throughout the Dallas-Fort Worth area.”
Stradling Yocca Carlson and Rauth acted as legal counsel to Jet Health.
Founded in 2016, Jet Health is a home health and hospice provider offering skilled nursing care, physical, speech, and occupational therapy, medical social services, hospice and personal care services. The company operates from locations in Texas, New Mexico, Colorado, and Idaho.