The Larry H. Miller Group of Companies announced on January 4, 2021, that it had acquired Advanced Health Care Corporation (AHC), one of the largest pure-play post-acute transitional care providers in the country. AHC, founded in Idaho in 2001, specializes in short-term nursing and rehabilitation, home health and hospice services. The transaction adds facilities and agencies across the western United States to the LHM Group’s portfolio of automotive dealerships, movie theatres, real estate investments and developments, auto finance, and insurance services.
“We couldn’t be more pleased to welcome AHC to the Larry H. Miller family of businesses,” said Steve Starks, Chief Executive Officer for the LHM Group. “This acquisition is a wonderful start to the new year and highlights our intent to grow the business. We are focused on diversifying and strengthening our portfolio with businesses that align with our values and guiding principles. AHC is committed to delivering value to patients in the communities they serve, which is complementary to our mission of enriching lives.”
Coupled with a tenured and experienced leadership team and high-performing business model, AHC delivers world-class health care and high customer satisfaction in state-of-the-art facilities that include private rooms, expert nutritional advice, and other inclusive options that deliver personal patient care for every guest.
“AHC is a pioneer and market leader that provides high-quality, clinical and rehabilitation excellence,” said Starks. “They have created a premium environment and differentiated experience for their guests, resulting in reduced hospital readmissions and consistent 5-Star industry ratings. They have also leveraged their transitional care capabilities and best practices into home health and hospice services. Adding AHC to the LHM Group allows us to share our commitment of integrity and stewardship with a new customer base within geographical markets where we have a strong community presence. I am grateful for the vision and hard work of the AHC leadership team, care givers and employees, and I look forward to our future together.”
“We were drawn to the LHM Group based on their values, reputation, transparency, integrity and desire to do good,” said AHC Co-Founders Dave and Brett Nattress. “The AHC team is looking forward to a great future working with the Miller family and leadership team at LHM in continuing to provide exceptional care and services.”
AHC provides inpatient rehabilitation and in-home health care services in Arizona, California, Colorado, Idaho, Kansas, Nevada, New Mexico and Utah.
Terms of the transaction were not disclosed.