“We needed a niche focused healthcare M&A team who could devote the time and energy required to aid us in selling the Debtor to partners that will continue our high standards of patient care”, said Adam Meislik, Chief Restructuring Officer for VNA.
LOS ANGELES–(BUSINESS WIRE)–American Healthcare Capital, a national healthcare M&A advisory firm, announced today the sale of Visiting Nurse Association of the Inland Counties dba VNA California, a nonprofit Hospice and Home Health provider located in Riverside and Palm Desert, California. Originally founded in 1931, VNA is one of the largest and oldest Southern California Hospice and Home Health providers with over $15 million of annualized revenue.
VNA was acquired in tandem by two separate operators, Bristol Hospice (http://bristolhospice.com/), a multi-state Hospice provider with a growing presence on the West Coast, and HealthSure Management Services (http://vnahomehealthandhospice.com/), a provider based in the Southern California area. Bristol is the successor to the Debtor’s Hospice care and HealthSure is the successor to the Debtor’s Home Health care.
“This was truly a collaborative effort. Our team worked side-by-side with the restructuring company and attorneys to arrive at the best possible outcome for all parties involved. In the end, the company continued to service their patients, avoided large scale reductions in personnel, and satisfied their creditors. It was a pleasure helping this long-standing agency transition to new ownership,” said Andre Ulloa, Principal, and Mark Thomas, Senior Analyst, at American Healthcare Capital.
“We needed a niche focused healthcare M&A team who could devote the time and energy required to aid us in selling the Debtor to partners that will continue our high standards of patient care. Andre Ulloa and Mark Thomas of Team M+A were a big factor in achieving this goal,” said Adam Meislik, of Force 10 Partners, Chief Restructuring Officer for VNA.
About Team M+A
Team M+A (www.HealthcareDealTeam.com) at American Healthcare Capital consists of the company’s top performing advisors and analysts: Mike Moran, Andre Ulloa, and Mark Thomas. They have successfully sold businesses in a variety of segments including Home Health, Hospice, Private Duty, Behavioral Health, I/DD, DME, Medical Staffing, Long Term Care Facilities, Urgent Care and all types of Pharmacy.
Sell Your Healthcare Company with Exceptional Guidance! For any questions regarding Team M+A, selling your Healthcare business, or targeting a Healthcare acquisition, please contact Mark Thomas at [email protected] or (310) 693-6697.