Abramson Senior Care Announces Plans to Sell Home Health Divisions to BAYADA Home Health Care
Philadelphia, PA – April 4, 2023 – Abramson Senior Care (“Abramson”) has signed a definitive agreement to sell its Hospice, Home Health and Home Care (Private Duty) divisions to BAYADA Home Health Care (“BAYADA”), This transaction is part of a reorganization by Abramson to adapt to the changing healthcare landscape while honoring their mission to enhance the lives of seniors and caregivers by ensuring they receive extraordinary care.
The transaction is expected to be complete by April 10. BAYADA will assume operations of Abramson’s Home Health, Hospice and Home Care services. By combining Abramson’s passionate and skilled employee base with BAYADA’s best-in-class management systems and clinical expertise, this agreement will help to expand on Abramson’s legacy to improve health outcomes for seniors in the region.
“Abramson Senior Care’s exceptional and full spectrum of care for seniors has always been rooted in our Jewish traditions and values,” said Sean Gregson, President and CEO, Abramson Senior Care. “The sale to BAYADA will help ensure that seniors in our community continue to receive the services they need, while providing a seamless transition for both the seniors currently in our care and our exceptional Abramson staff who choose to join BAYADA.”
BAYADA, headquartered in the Philadelphia region, provides nursing, rehabilitative, therapeutic, hospice and assistive care services to children, adults and seniors in the comfort of their homes. Founder Mark Baiada oversaw the company’s unprecedented transition to a nonprofit organization to ensure BAYADA’s mission, purpose and business model would endure, and to help BAYADA realize its vision of helping millions of people worldwide experience a better quality of life at home.
“At BAYADA we have long admired the incredible service provided to our region’s seniors through Abramson Senior Care,” said David Baiada, CEO, BAYADA Home Health Care. “We look forward to welcoming the talented Abramson team members into the BAYADA family and continuing to provide the high-quality care seniors in this region have come to expect from Abramson Senior Care.”
For more than 157 years, Abramson Senior Care has cared for the Philadelphia region's seniors and put patients and caregivers at the center of everything they do. Over the past several
months, the organization has carefully and extensively weighed options for its path forward to ensure seniors and their families continue to receive the individualized, coordinated care they need and deserve. This decision to transition these services is a key component of Abramson’s strategic path forward.
Abramson Senior Care will continue to serve its esteemed mission - ensuring that seniors and their families have the resources and guidance they need to age safely with dignity, independence, and choice. Through various strategic partnerships and drawing on its expertise in dementia care, end-of-life decisions and the entire aging process, Abramson Senior Care will continue providing care management, navigation, support, advocacy and education.
About BAYADA Home Health Care
BAYADA Home Health Care was founded by J. Mark Baiada in 1975 and provides nursing, rehabilitative, therapeutic, hospice and assistive care services to children, adults and seniors in the comfort of their homes. Headquartered in the Greater Philadelphia suburbs based in New Jersey, BAYADA employs more than 26,000 nurses, home health aides, therapists, medical social workers and other home health care professionals who serve their communities in 24 states from 347 locations, with locations in, Germany, India, Ireland, New Zealand, and South Korea.
MEDIA CONTACT
BAYADA Home Health Care: Brittany Tressler, btressler@vaultcommunications.com
Abramson Senior Care: Justin Windheim, jwindheim@abccreative.com