Dallas-based AccentCare and Minneapolis-based Fairview Health Services plan to launch a new post-acute business in Minnesota.
AccentCare, a post-acute healthcare provider, will be the majority owner in the business, and Fairview, a not-for-profit health system, will retain a 20% stake in the company, according to a news release. The deal is expected to close Nov. 2.
The new business, AccentCare Fairview, will be the preferred post-acute provider of home health and hospice services for Fairview, according to the release.
“Today is the culmination of a journey we have been on to solidify a future of service-minded, quality home health and hospice care for Minnesotans in their most cherished environment—their homes,” AccentCare CEO Steve Rodgers said in a prepared statement.
AccentCare has more than 30 partnerships with insurance companies, physician groups and health systems, including the joint-venture companies AccentCare Asante Home Health, AccentCare UC San Diego Health at Home, AccentCare UCLA