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Dover Health expands into Illinois through acquisition of Centered Care Hospice and Palliative Care, and Cornerstone Home Health

Jun 06, 2024•over 1 year ago

Acquiring Company

Dover Health

Acquired Company

Centered Care Hospice

St. LouisJolietJolietNon ProfitMedicalHealth CareFamilyNon ProfitHealth CareHealth Care

Description

Dover Health, a healthcare organization, has expanded its services into Illinois through the strategic acquisition of Centered Care Hospice and Palliative Care, and Cornerstone Home Health. This expansion allows Dover Health to serve an extended range of counties in Illinois, strengthening its presence in the region.

Company Information

Company

Dover Health

Location

St. Louis, Missouri, United States

About

Dover Health is a health care organization that offers a variety of services, including home health, hospice, and palliative care. It has recently expanded into Illinois by acquiring Centered Care Hospice and Palliative Care, and Cornerstone Home Health. With this expansion, Dover Health now serves Cook, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Lake, and Will counties in Illinois.

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M&A Insights

Based on deal data
Integration 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