DEPARTMENT OF COMMUNICATIONS
The Carpenter Health Network
10615 Jefferson Highway
Baton Rouge, LA 70809
225-769-4764
communications@stjosephholdings.com
FOR IMMEDIATE RELEASE | 18 Sept. 2025
THE CARPENTER HEALTH NETWORK BECOMES EMPLOEE OWNED WITH NEW ESOP PROGRAM
BATON ROUGE, LA – The Carpenter Health Network (TCHN) announces the implementation of an Employee Stock Ownership Plan. By introducing its new ESOP, TCHN gives employees a direct stake in the organization’s success, reinforcing its long-standing mission to care for both patients and staff.
“Our dedicated team members now have the opportunity to earn shares of The Carpenter Health Network stock at no cost to them,” says Pat Mitchell, President and CEO of TCHN. “This unique approach reflects our commitment to supporting our employees, empowering our caregivers, and ensuring we provide the highest quality of care. At The Carpenter Health Network, we believe that by investing in our employees, we will create a thriving culture where everyone can succeed together.”
An ESOP program allows employees to become partial owners of the company they work for by being awarded shares of the company’s stock. It serves as an employee benefit plan and encourages employees to contribute to the company’s success, as it translates to financial rewards for them.
About TCHN
The Carpenter Health Network began with the formation of St. Joseph Hospice in Baton Rouge in August 2002. Since then, it has expanded throughout Louisiana, Texas, Arkansas, Mississippi, Alabama and Florida. TCHN offers a full continuum of care, including STAT Home Health, AIM Palliative Home Health, St. Joseph Hospice, Homedica House Calls, Sage (Rehab Hospitals, Outpatient Services, LTAC Hospitals), Mid City Community Nursing & Rehab, Capitol House Nursing & Rehab, Center Point Healthcare & Rehab, Med House Calls and Phoenix Pharmacy Solutions. A patient’s health journey is unique and changing, and TCHN is designed to provide a seamless transition of care every step of the way. We provide compassionate support and convenient care when you need it, where you need it and at any phase of illness or injury.
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