Care Advantage, Inc. Grows with the Acquisition of Nova Home Health Care
Care Advantage, Inc., the largest privately owned home health company in the Mid-Atlantic, completed the acquisition of Nova Home Health Care in Northern Virginia earlier today.
Nova Home Health Care will be the twentieth acquisition Care Advantage, Inc. (CAI) has completed since 2018, and the eighth since joining forces with Searchlight Capital Partners in 2021. Through this addition to its care family, Care Advantage, Inc. demonstrates its dedication to expanding the scope and breadth of care services on offer. Nova Home Health Care’s team of over 200 caregivers provides compassionate, innovative, and personalized care, and will only continue to grow in the Care Advantage family of brands.
Tim Hanold, CEO of Care Advantage, said, “Formalizing the union of Care Advantage and Nova Home Health Care has been something I have been looking forward to for quite some time. Even from our earliest conversations, it was very clear how important their clients are to them. The passion and enthusiasm they put into their care felt familiar and affirming tome and the CAI team. Adding Nova Home Health Care to our Care Family alongside legacy brands such as Capital City Nurses, Care Advantage, Youngs Home Health and National Home Health is extremely exciting.”
Ali Abdi, CEO of Nova Home Health Care, said, “This partnership with Care Advantage positions us with the tools and resources to take our service offering to the next level. Care Advantage’s culture feltlike a good fit from the beginning—we both bring the same type of care and compassion to the table. I know this is the right direction for Nova Home Health Care, and I can’t tell you how enthusiastic I am to see where this takes us.”
Samad Deef, CFO of Nova Home Health Care, added, “The thing I’m most excited about is the experience of Care Advantage. This is a company with a solid track record integrating companies like ours in northern Virginia. It was important to us to partner with a brand that knew how to handle mergers like this, and we have found that partner in Care Advantage. This team excites me because it represents the next step for Nova Home Health Care—a step we’re excited to take with all our clients.”
About Care Advantage
Care Advantage is the Mid-Atlantic’s leading privately held home healthcare provider. The Company specializes in “one-on-one” quality nursing care in the home and is a one-stop shop for home healthcare services. Corporate headquarters are in Richmond, VA and there are 51 branch locations throughout Virginia, Maryland, Delaware, North Carolina, and Washington D.C. The Company provides a mix of Medicaid and self-pay nursing and personal care services such as bathing, dressing, and companionship and provides skilled services primarily by licensed nurses and therapists.