Lewiston-based home health care and hospice acquires Waterville peer
Androscoggin Home Healthcare & Hospice has acquired Care & Comfort, a Waterville-based home and behavioral health care company, according to a news release Wednesday. Terms were not disclosed.
The combination of the two organizations, effective Feb. 1, is designed to provide individuals and their families in all 16 of Maine’s counties with an expanded network of professional caregivers and healthcare services, the release said.
Androscoggin said patients, clients and their families will not experience any change in caregivers or services.
“As I prepared for the future of the company I started 31 years ago, my highest priority was to find a successor who, through their deeds, demonstrated the same compassion I have for employees and clients,” said Susan Giguere, who founded Care & Comfort in 1991.
Care & Comfort provides home and behavioral health care services to patients and clients in 13 Maine counties. In addition to its Waterville headquarters, the company has offices in Bangor, Dover-Foxcroft, Presque Isle and Wilton, with 300 employees.
All Care & Comfort staff will be invited to join the Androscoggin Home Healthcare & Hospice team of nearly 500 employees, and all service lines will be maintained.
Care & Comfort President and CEO Mike Stair will continue on in an executive capacity at Androscoggin, working alongside its president and CEO, Ken Albert.
Androscoggin has been providing home health and hospice services since 1966 and operates in nine counties. Through this acquisition, Androscoggin said it takes the next step in carrying out its mission in more Maine communities.
“While we were exploring options to take our good work to a broader community, we focused on how best to accomplish our goal without compromising our values and mission. I have long been impressed with the quality of staff and services offered by Care & Comfort,” said Albert.
“In acquiring the company, we found the right combination of quality care, compassionate employer, and a well-run business. This is a wonderful opportunity to grow Androscoggin’s position within Maine’s healthcare delivery network."
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