AccentCare Inc and Fairview are forming AccentCare Fairview, a joint venture in which AccentCare will be the preferred post-acute provider of home health and hospice services for Fairview Health Services.
Upon close of the agreement, AccentCare will be the majority owner, with Fairview owning a 20% stake.
This purchase will enhance home health and hospice services for Minnesotans by tapping into AccentCare’s vast network of specialized resources, technology and care professionals, according to a media release.
“We are two award-winning healthcare organizations, rising to the challenge to become even better. 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.”
— Steve Rodgers, CEO, AccentCare Inc
The deal resembles similar arrangements forged by AccentCare in recent years with UCLA Health, Asante, Baylor Scott & White, and other health systems. This sale also allows Fairview Health Services to focus resources and investments as it continues to build its position as a regional leader in providing affordable care, increasing access and improving patient outcomes.
“This has been the vision of Fairview Health Services for almost 115 years and, with this sale, we have the world-class partners in place to continue to deliver exceptional care to our communities far into the future. Through this sale to AccentCare, our patients will benefit from a partner that shares our dedication to quality care, as they have proven through more than 50 years of recognized post-acute care experience, serving more than 145,000 patients a year.”
— Jon Lundberg, President, CEO, Ebenezer and President, Fairview Senior Services
[Source(s): AccentCare Inc, Fairview, Business Wire]