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Monday, October 20, 2014
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Published: Saturday, 6/21/2014 - Updated: 4 months ago

ACQUISITION

Toledo health agency bought by Cincinnati’s Black Stone

BY CHIP TOWNS
BLADE BUSINESS WRITER

Health Services Connection Inc., a 20-year-old Toledo home health-care agency, has been acquired by Home Care by Black Stone.

It’s the second Toledo-area acquisition made by the Cincinnati-based company this year. In March, Black Stone acquired Nursing Resources. It now operates as Nursing Resources by Black Stone.

Black Stone, founded in 1996, provides home based, nonmedical-assisted care; skilled nursing and therapy care, and home-based primary care.

“One of the main reasons we pursued the HSC acquisition is because they serve predominantly dual-eligible PASSPORT patients — frail seniors who are covered by both Medicare and Medicaid,” said Darren Horrigan, vice president of northwest Ohio for Nursing Resources by Black Stone. “As the largest provider of PASSPORT home care, Black Stone serves a significant number of these dual-eligible patients as well, and is well positioned to help seniors age in place. It is a very nice fit for everyone — Black Stone, the HSC employees, and the patients.”

Health Services Connection, which has 30 employees, was founded by Kathy Crabtree in 1994.

It will become part of Nursing Resources by Black Stone.

“I was delighted when Black Stone approached me,” Ms. Crabtree said, “because their business philosophy is very compatible with mine, so I knew I would be leaving my staff and patients in good hands.”



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