Hospice of the Western Reserve completes acquisition of Hospice of North Central Ohio to expand end-of-life care
Aug 01, 2024•over 1 year ago
Acquiring Company
Hospice of the Western Reserve
Acquired Company
Hospice of North Central Ohio
Description
Hospice of the Western Reserve, a premier provider of hospice and palliative care services, has strategically acquired Hospice of North Central Ohio to expand access to high-quality, comprehensive end-of-life care across a broader region. This acquisition brings together two organizations with a shared commitment to providing exceptional care, enhancing service offerings, and increasing community engagement.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed