PHS’s goal: ‘More care to more children’

ROSEVILLE, Minn. – A recent pair of acquisitions will allow Pediatric Home Service to further build out its continuum of care in new markets, says CEO Adam Nielsen. 

The company last week announced new partnerships with Craig HomeCare, a provider of pediatric nursing services in Kansas, Missouri and Nebraska, and Cherub Medical Supply, a pediatric-focused respiratory and DME provider in the Kansas City area. 

“We believe what we do for the kids is the best and we want to take that to more kids,” he said. “Our strong relationship with both of these companies did just that. They are high-quality providers of services to medically complex children and fit within our Pediatric Center of Excellence strategy.” 

It’s the latest expansion for PHS since partnering with InTandem Capital Partners, a health care services-focused private equity firm, in 2018 to create a national platform. In addition to Minnesota, the provider also serves Wisconsin, Ohio, Kentucky, Indiana and Texas. 

The acquisition of Craig HomeCare, with its focus on nursing, is especially exciting for PHS, which has a small home care nursing business in Minnesota, says Nielsen. 

“We’re looking forward to putting those together and growing that partnership not only in Kansas City and the Great Plains regions, but also expanding our nursing services throughout our organization,” he said.  

In addition to acquisitions, PHS has opened new locations, most recently in Duluth, Minn., in June – another reflection of how the pediatric market is growing, says Nielsen. 

“Kids do better at home,” he said. “It’s an area we can impact in a value-based way – a segment of the population that needs more care. We continue to have our eye on taking more care to more children, whether that’s in existing or adjacent markets.” 

While the challenges affecting the entire HME industry, including labor shortages, have also been felt at PHS, the ongoing formula shortage has especially been front of mind, says Nielsen. 

“We’ve been working diligently with our vendors and suppliers to mitigate that,” he said. “At the end of the day, we’ve been able to ensure that our children get the nutrition they need.”