The acquisition will simplify its organizational structure, ProMedica CEO Arturo Polizzi said.
ProMedica has entered an agreement with Gentiva, a hospice, palliative, and personal care company, for the acquisition of its Heartland hospice and home care agencies.
The terms of the transaction have not yet been disclosed, and is expected to closed in the second quarter of this year.
"As part of the Gentiva family, the Heartland agencies will be well-positioned to continue providing compassionate care that prioritizes patient comfort, dignity, and well-being throughout the care continuum," Arturo Polizzi, president and CEO of ProMedica said in a statement.
Polizzi added that the acquisition will help ProMedica's efforts to simplify its organizational structure and ensure the organization's long-term financial strength.
"This transaction is an exciting development for patients and their families that will enable us to extend our best-in-class caregiver recruitment and retention programs and provide high-quality care to more patients in more areas through the country," David Causby, president and CEO of Gentiva said in a statement.
Gentiva's 30,000+ associates and caregivers take care of more than 24,000 patients, on average, each day in 36 states. With a nurse-to-patient staffing ratio of 1:9 and caregiver recruitment and retention program, 96% of patients and their families would recommend Gentiva's services to others.
In acquiring Heartland Hospice and Home Care, Gentiva is looking to hire and invest in caregivers to ensure high-quality care for patients in its expanded service area.
"As a licensed nurse, I understand firsthand the pressures caregivers across the United States are facing," Causby said. "We are focused on developing systems and processes that address and overcome these challenges to remain an employer of choice, and I am excited to welcome Heartland's caregivers to our family as we continue to improve clinical outcomes and quality of life for patients in the markets we serve."