CINCINNATI, OH – June 23, 2026 – Deaconess Associations Incorporated (DAI) today announced an agreement to acquire 31 home health and hospice agencies in eight states from HCA Healthcare. Upon closing, the agencies will become part of Central Pyramid, one of Deaconess Associations Incorporated’s four owned subsidiaries.
The acquisition further advances Deaconess Associations Incorporated’s strategy of investing in healthcare organizations that align with its mission, strengthen existing operations, expand access to care, and support long-term growth across its portfolio of healthcare services.
“Deaconess was founded on the belief that healthcare should serve people with dignity, compassion, and purpose, and that calling remains central to who we are today,” said Trey Crabb, Chief Executive Officer of Deaconess Associations Incorporated. “This agreement allows us to deepen our current presence and expand our geographic reach through established home health and hospice agencies that align with our mission and long-term strategy. As care continues to move beyond traditional healthcare settings, we remain focused on opportunities that improve access, support patients and families through every stage of life, and strengthen our ability to deliver exceptional care in the home.”
The acquisition represents a significant expansion of Central Pyramid’s home health and hospice services. The addition of these agencies will strengthen the organization’s geographic reach and position it to serve more patients and communities across a broader footprint.
“This is a meaningful milestone for Central Pyramid and for the exceptional employees who make our organization what it is today,” said Cherie Elledge, Chief Executive Officer of Central Pyramid. “We are honored to welcome these teams and the trusted relationships they have built with patients, families, physicians, and communities. Our focus will be on ensuring a smooth transition, supporting employees, preserving local connections, and continuing to deliver the compassionate, high-quality care patients and families deserve.”
Central Pyramid is a well-established home health and hospice organization with nearly four decades of experience serving patients, families, and communities. The organization is built on a foundation of compassionate care, clinical excellence, and trusted local relationships, providing essential services that help patients remain supported, comfortable, and cared for in the setting they call home.
The transaction is subject to required regulatory approvals and other customary closing conditions. Terms of the agreement were not disclosed.
Forward-Looking Statements
This press release contains forward-looking statements regarding the proposed transaction, including statements about its expected timing, anticipated benefits, and strategic rationale. These statements are based on current expectations and are subject to risks and uncertainties, including the satisfaction of closing conditions and the receipt of required regulatory approvals. Actual results may differ materially. Deaconess Associations Incorporated. undertakes no obligation to update any forward-looking statement, except as required by law.
About Central Pyramid
Central Pyramid is a home health and hospice organization with nearly four decades of experience serving patients, families, and communities. Built on a foundation of compassionate care, clinical excellence, and trusted local relationships, the organization provides essential home-based services that help patients remain supported, comfortable, and cared for in the setting they call home.
Central Pyramid often operates through long-standing local brands that patients and families know and trust, preserving the strong community relationships and reputations for care established within the communities it serves.
About Deaconess Associations Incorporated (DAI)
Central Pyramid is owned by Deaconess Associations, Incorporated (DAI). DAI was founded in 1888 as the first general hospital in Cincinnati and is an independent, not-for-profit enterprise dedicated to improving health outcomes and expanding access to care. Guided by a legacy of compassionate care and service rooted in the Christian tradition, DAI manages a diversified portfolio exceeding $1 billion in healthcare services, programs, investments, and community grant initiatives across Greater Cincinnati and in 23 states throughout the U.S.
In addition to its healthcare investments, DAI also supports community health initiatives through the Deaconess Foundation, which works to improve healthcare access and education for underserved and at-risk populations. Since 2012, the Deaconess Foundation has awarded nearly $17 million to community organizations serving vulnerable youth, individuals experiencing homelessness, those struggling with addiction, seniors, and other populations in need of critical support systems.
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