Webster Equity-backed Bristol Hospice acquired Sojourn Hospice & Palliative Care earlier this month from Healthy Living Network. Sojourn operates eight programs across Utah and California and these locations will continue to serve the communities as Bristol Hospice. As part of the deal, Healthy Living Network acquired the home health operations of Bristol in Salt Lake City, Utah and Porterville, California. The deal is Bristol Hospice’s third acquisition this year and ninth overall in partnership with Webster Equity Partners, which first invested in November 2017.
Bristol Hospice, a portfolio Company of Webster Equity Partners, is pleased to announce its acquisition of the Utah and California operations of Sojourn Hospice & Palliative Care (“Sojourn Hospice” or the “Company”) earlier this month.
Sojourn Hospice & Palliative Care, a Healthy Living Network company, operates eight programs across Utah and California: Salt Lake City, Sacramento, Fresno, East Bay, San Jose, Modesto, Redding and San Diego. These Sojourn Hospice locations will continue to serve in these communities as Bristol Hospice. As a part of the transaction, the Healthy Living Network simultaneously acquired the home health operations of Bristol in Salt Lake City, Utah and Porterville, California.
Bristol Hospice CEO, Hyrum Kirton, remarked that, “Sojourn Hospice & Palliative Care has a reputation for delivering exceptional patient care that closely models Bristol Hospice. We are excited to have acquired such bright, talented and mission driven employees to join the Bristol Hospice family. We are committed to becoming the employer of choice for them and the hospice of choice for their patients and families in these communities that we serve together. Our combined teams make up some of the most talented and compassionate professionals, who are committed to maintaining the highest clinical standards. Bristol Hospice has seen considerable growth over the past 3 years and will continue to expand services where we can make a difference.”
Julio Quiñones, CEO of Healthy Living Network, commented, “We have worked to provide an excellent patient experience for all those that we have been honored to serve. We recognize the exceptional reputation and deep commitment to care that Bristol Hospice represents for our patients and employees going forward. We are comforted in knowing that our team members in our locations across California will benefit from Bristol’s unique aide services and dementia care programs. We are likewise excited to welcome the Bristol Home Health team and its patients into our network, where we will continue to deliver the highest quality of compassionate care. Through our hospice team, we have been honored to work with some of the industries’ finest physicians, clinicians, practitioners and countless committed team members that have attended to their patients and their family’s comfort and quality care at the end of life. The great team of professionals providing direct care to patients and families at Sojourn Hospice will not change as our team transitions and becomes part of the Bristol Hospice family.”
This transaction represents Bristol Hospice’s third acquisition this year and ninth overall acquisition by the Bristol platform in partnership with Webster Equity Partners. Webster invested in Bristol Hospice in November 2017 with the goal of providing the highest quality care hospice and palliative care services to meet the physical, psychosocial and spiritual needs of individuals at the end of life.
About Webster Equity Partners
Founded in 2003, Webster Equity invests in healthcare services companies with high impact growth strategies based on delivering the highest quality care and extraordinary service. Webster is currently investing out of its fourth fund with $875 million of committed capital. For additional information on Webster Equity Partners, please visit www.websterequitypartners.com.
About Bristol Hospice
Bristol Hospice began operations in 2006 and is headquartered in Salt Lake City, Utah. Bristol has a long history of providing exceptional hospice care across the country. It currently operates 27 locations across eight states as Bristol Hospice, Optimal Health Services and Suncrest Hospice of Colorado. The Bristol Programs are designed to promote quality and comprehensive hospice services to patients and families in the communities they serve. The Bristol leadership is committed to the company’s vision and mission in the delivery of our hospice services. The Company holds firm to its values and mission – Embracing a Reverence for Life. For additional information on Bristol please visit www.bristolhospice.com.