DALLAS, Dec. 1, 2015 /PRNewswire-iReach/ — New Century Hospice, one of the nation’s largest regional hospices based in Dallas, Texas, announced today it has acquired 100% of the member interests in Family Hospice, LLC, a hospice provider located in Boulder, Colorado, effective November 30, 2015. Purchase price and terms were not disclosed.

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New Century Hospice, Inc. has been in the top 100 fastest growing companies for the past four years according to SMU Cox School of Business. The Company now operates 19 locations in 6 states, including Colorado, Georgia, Louisiana, Oklahoma, Texas and Virginia.

“The addition of Family Hospice to New Century Hospice in Colorado will allow us to serve the entire Metro Denver area with further opportunity for expansion to serve more patients and families in outlying communities. We are excited to be working with the great care team at Family Hospice”, said David Gasmire, New Century Hospice Chairman and CEO.

“We are excited to expand our Colorado presence and continue the outstanding quality of care and excellent customer service that Family Hospice currently provides”, said Jerry Lyden, New Century Hospice President and COO.

“The market for high quality and highly compliant hospice companies continues to be a challenge in the industry, however, we will remain disciplined and patient in our search for these scarce, high quality hospice opportunities”, Gasmire said.

Family Hospice will begin doing business as New Century Hospice of Boulder after an undisclosed time of transition and integration.

Media Contact: David Gasmire, New Century Hospice, Inc., 214-217-1100, DGasmire@newcenturyhospice.com

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SOURCE New Century Hospice, Inc.