Pharos Capital’s Charter Health Care Group Acquires Providence Home Health and Hospice

Charter, based in Southern California, is a provider of post-acute care services that offers a broad spectrum of programs for patients navigating the last years of life, including hospice, home health, complex care management and palliative care services. The company has continued to rapidly expand its national footprint outside of the state of California. With the addition of Providence, Charter has completed its sixth acquisition since early 2020, now serving 4,500 patients in seven states.

“We are pleased to add Providence to our growing portfolio and expand our high-quality, post-acute care services to the Houston area,” said Charter CEO Steve J. Larkin. “Like the other companies we have brought under our umbrella, Providence shares our culture of providing compassionate, comprehensive care solutions for patients and families navigating the final years of life. We look forward to working with their team to provide full-spectrum care solutions, supporting patients with complex care needs as well as their caregivers in the communities where they work and live.”

“Charter’s vision for caring for patients in the post-acute space aligns well with Providence’s mission,” said Gary Stansbury, Jr., owner of Providence. “I feel confident that Charter will bring a much-needed continuum of care to the Houston market while continuing to serve our existing patients and their families with the highest quality of care.