CareSouth Home Health Services Announces Name Change to Careity
AUGUSTA, Ga., Aug. 31, 2015 /PRNewswire/ -- CareSouth Home Health Services, (the "Company") a national home health, post-acute care and senior living services provider, announced today that it will be changing its name to Careity, effective fourth quarter 2015. As Careity, the Company will support the activities of its Senior Living Services Division, Health at Home partnership with LCS, Care Center services, and captive insurance business.
"The Careity name will represent a more innovative, redesigned approach to providing coordinated care in the senior living space," said Rick Griffin, President and Chief Executive Officer of CareSouth. "With almost 40 years experience in home health care, we are better able to anticipate and resolve the changing needs of our ever growing senior population within their own communities with an integrated care delivery system."
As a diversified healthcare company, Careity will continue to provide home health and private duty care with enhanced services directed at seniors living in senior living communities. Careity services will include transitional care management, chronic care management, Care Center services, Part B Medicare therapy services and clinics, as well as healthcare business services. The changes are designed to help senior adults navigate the complex world of healthcare, integrating into the entire healthcare system and providing one place for coordination of care across the healthcare continuum.
The name change to Careity will coincide with the completion of the merger of the Company's CareSouth branded business lines with Encompass Home Health, a subsidiary of HealthSouth Corporation. The Company signed a definitive agreement with Encompass to effect a merger of its CareSouth Home Health, CareSouth Hospice, CareSouth Private Duty and CS Health & Wellness business lines, along with three joint ventures. The merger does not include the Company's Senior Living Services division, its Health at Home partnership with LCS, its management and care center services, or its captive insurance business. The transaction is expected to close in the fourth quarter of 2015, subject to regulatory approval. See HealthSouth release.
About CareSouth
CareSouth holds the position of 12th largest market share in the US among all providers of Medicare certified home health and also provides other non-acute health services. In addition to almost 60 CareSouth locations across the mid-Atlantic and Southeastern regions, including home health, hospice and private duty care, the company maintains joint ventures and partnerships in more than 20 locations across the country. For more information about CareSouth, please visit CareSouth.com.
About HealthSouth
HealthSouth is one of the nation's largest providers of post-acute healthcare services, offering both facility-based and home-based post-acute services in 33 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies, and hospice agencies. HealthSouth can be found on the Web at www.healthsouth.com.
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SOURCE CareSouth Home Health Services
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