Pharos Capital Group LLC, a private equity firm based in Dallas and Nashville, Tennessee, has, through its post-acute care provider platform, Charter Health Care Group, acquired Generations Hospice Care Inc., in San Antonio, Texas.
Generations Hospice Care offers a variety of services, including pain and symptom management, medication and medical equipment, therapy, nursing care, dietary assistance, and emotional care and counseling for both patients and family members.
“Palliative care has played an important role throughout the pandemic and we expect a continued and rising need for home health and end-of-life services,” said Bob Crants, Founding Partner and Chief Investment Officer of Pharos. “We are proud to support Charter’s mission of ensuring a comfortable patient experience while lowering the costs of care.”
Charter CEO Steve J. Larkin said, “We are pleased to add Generations Hospice to our portfolio as we continue to expand our footprint in Texas. Their philosophy of humanizing death and dying, along with their family-centered approach that tailors a plan specific to each patient, dovetails with Charter’s belief in providing compassionate, comprehensive care solutions for patients and families navigating the last years of life.”