For Immediate Release – November 5, 2020
Visiting Nurse & Hospice of Fairfield County and Waveny LifeCare Network Announce Proposed Affiliation
The Boards of Directors of Visiting Nurse & Hospice of Fairfield County (VNHFC) and Waveny LifeCare Network (WLN) are pleased to announce that they have entered into an exclusive letter of intent to combine home care and hospice operations to better serve patients in Fairfield County and beyond. The organizations intend to enter into a formal Affiliation Agreement by year end 2020, subject to final due diligence, regulatory approvals and final board approvals. The parties propose for VNHFC to initially become a wholly-owned subsidiary of WLN, but plan to explore the opportunity of formally merging operations with WLN’s affiliate, Waveny Home Healthcare, at a later date. The transaction is subject to review and approval by several governmental agencies, including Connecticut’s Department of Public Health, and separate approvals will be sought if the parties determine to formally merge.
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