Altruist Home Care Solutions announces the acquisition of Promed Home Health. This acquisition, which will expand their service area into Tarrant County and Ft. Worth, allows Promed to be placed under the Altruist Home Care Solutions umbrella, which currently houses Altruist Home Health Care, Altruist Hospice and Tender Hands Home Healthcare.
This move will also expand the insurance Altruist accepts and opens the door for them to service patients covered under various insurance companies, including Medicare, United Health, Amerigroup, Cigna, Humana, Children’s Health, Aetna, UT Southwestern, Texas Health Resources, Independent Medical Systems, USA Managed Care and Galaxy Health Network are among the many providers where patients’ home care, hospice and personal assistant services benefits can be utilized.
The acquisition also places Promed under a Black-owned business, a move deemed appropriate for August’s observance of National Black Business Month. Black business owners account for about 10 percent of U.S. businesses and about 30 percent of all minority-owned businesses. According to the U.S. Census Bureau, that amounts to approximately two million companies owned by African Americans. Nearly 40 percent of Black-owned businesses are in health care and social assistance. Historian John William Templeton and engineer Frederick E. Jordan, Sr. founded National Black Business Month in August 2004.
Lalanii Wilson-Jones, Altruist Home Care Solutions‘ founder and CEO, is on a mission to organize a one-stop healthcare conglomerate focusing on all health care needs that are non-facility based and can be done in home. This includes home health, hospice, personal care services, and pediatrics, all of which are crucial during this time. The acquisition of Promed moves her a step closer to becoming the only African American or minority-owned enterprise with concentrations in all those sectors in Texas.
