Elara Caring To Expand Into Rhode Island Via Acquisition Of Assisted Daily Living

Elara Caring, which provides a continuum of home health services in 16 states plans to enter Rhode Island by acquiring Assisted Daily Living. The acquisition is anticipated to close before the end of 2023. Financial terms have not been disclosed.

The pending transaction represents one of several expansions Elara is exploring in 2023. Late last year, it announced the addition of hospice services to its home health offerings in Tinley Park, Illinois. After the Assisted Daily Living transaction closes, Elara anticipates it may be able to expand its presence into adjacent markets of Connecticut and Massachusetts.

Elara’s innovative care . . .