Pharos Capital Group, LLC (Pharos), a private equity firm based in Dallas, Texas and Nashville, Tennessee announced that its post-acute care provider platform, Charter Health Care Group (Charter), acquired Genesis HospiceCare in Athens, Texas, and Saints Hospice in Plano, Texas. Financial terms of the transaction were not disclosed.

The addition of Genesis and Saints brings the number of Charter locations to 18 and marks the company's fourth program in Texas. Founded in 1995, Genesis HospiceCare has provided high-quality hospice care to patients and families in the Athens, Texas, community for more than 25 years. Saints Hospice has . . .

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Disability Support & Long Term Care Services

Disability and long-term care refers to institutional and community-based care that support individuals with activities of daily living and services related to age or disability. Over the past decade, there has been an increase in the changes and challenges affecting the disability support and long-term care market markets—the move to managed care and subsequently value-based care, the shift to home- and community-based care, the increase in the aging population, and new workforce challenges.


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The use of telehealth reported by older adults using long-term services and supports (LTSS) varies with their type of housing. Among those living in the community, 39% reported telehealth use. Among those in residential settings, such as assisted living, 34% reported telehealth use. Among nursing home residents, 20% reported using telehealth. The analysis was based on data from the 2021-2022 National Core Indicators-Aging and Disabilities Adult Consumer Survey for LTSS users aged 65 years and… Read