Firm Handles Merger of Three Home Health Services in Western Connecticut
Pullman & Comley represented RVNAhealth in a merger transaction with Bethel Visiting Nurse Association and New Milford Visiting Nurse & Hospice, resulting in the creation of RVNAhealth, a single not-for-profit organization that delivers the highest quality health care for their patients across 35 communities in Fairfield, Litchfield and New Haven counties. The new entity operates as RVNAhealth and makes the organization one of the two largest home health and hospice organizations in Fairfield County and the seventh largest in the state of Connecticut.
The transaction involved complicated employee and employee benefits issues in connection with the transfer of employees to RVNAhealth, health care regulatory approval requirements relating to the closing of the Bethel VNA facility, the conversion of the New Milford offices to a secondary branch office location of RVNAhealth, a Change of Ownership filing, and soliciting the approval of the Connecticut Attorney General's Office for the transfer of charitable funds.
For more than one hundred years, the three agencies have been neighbors and collaborators, each founded on and serving a parallel mission in their respective communities. Over the decades, each grew and expanded their range of services, extending their territorial reach, and deepening their impact and loyalty to the patients and families they serve.
In joining forces, the three organizations are confident they can be stronger and more valuable to all those they serve without surrendering their personal approaches or altering the deep-rooted foundations they have built in their present communities.