Hospice News

AUGUST 11, 2022

billion sale of Kindred at Home’s hospice and personal care segments, divesting a 60% stake to the private equity firm Clayton, Dubilier & Rice. Kindred at Home is the largest provider of home health services by market share in the United States and the second-largest hospice provider, according to LexisNexis.

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Hospice News

DECEMBER 12, 2022

Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. This was Humana Inc.’s

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Hospice News

SEPTEMBER 12, 2022

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. Avera@Home Hospice offers hospice, home health and home medical equipment services throughout the Upper Midwest.

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Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. Hospice utilization in the Illinois market reached 50.3%

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Hospice News

JUNE 21, 2022

“These senior clinical leaders will focus on the specialized medical care we provide and retaining the top talent,” Fleece said in a company announcement. Empath Health is the parent company of Tidewell Hospice and Suncoast Hospice, and offers a range of other senior care services. Jet Health shakes up sales leadership.

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Hospice News

APRIL 21, 2022

(NYSE: HUM) has signed a definitive agreement to sell a 60% stake in Kindred at Home’s (KAH) hospice and personal care business to the private equity firm Clayton, Dubilier & Rice (CDR) for $2.8 billion — and quickly announced plans to divest the hospice segment. Hospice partnership vs.ownership.

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Hospice News

AUGUST 26, 2022

She returns to the company after nearly three years at the helm of San Diego-based The Elizabeth Hospice as its chief strategy officer. In her new role, she’ll oversee the company’s staff providing care across five counties in the state’s southern region. Kauai Hospice Recruits Retired Emergency Doc as Medical Director.

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Hospice News

MAY 10, 2022

(NYSE: HUM) had to weigh the potential cost savings and lucrative hospice divestiture against the labor pressures in the space, as well as the complexity of scaling home-based care in a fragmented industry. The company’s forthcoming divestiture of the hospice segment mirrors the 2018 agreement with the same 60/40 split.

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Hospice News

NOVEMBER 4, 2022

The de novo, located in Florida’s Hillsborough County, initially will house a branch of the Empath affiliate Suncoast Hospice. The organization also plans to add home health, medical services, grief care, personal care, and its Empath Partners in Care (EPIC) services, designed to care for HIV/AIDS patients.

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Hospice News

OCTOBER 4, 2024

Virtual palliative services can be as effective as in-person care in helping to improve quality of life among patients with lung cancer, recent research has found. The clinical trial study compared the outcomes of patients receiving in-person palliative services with those utilizing video visits.

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Hospice News

OCTOBER 11, 2023

His first-hand experience leading through challenges and opportunities of a changing health care services continuum will help accelerate our integrated care strategy at pace.” Prior to Envision, Rechtin was president of OptumCare, a subsidiary of UnitedHealth Group (NYSE: UNH) and a major home health and hospice provider.

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Hospice News

OCTOBER 14, 2022

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. Instant Care is Choice’s second acquisition this year.

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Hope Hospice

JULY 12, 2022

Why should someone start hospice sooner than later? Making the decision to start hospice care for your loved one is overwhelming. But the decision is also empowering, because an array of supportive care and assistance becomes available to both the patient and family. Home health aides for personal care.

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Pallimed

MARCH 22, 2021

Edmonds et al (2021) found that when a social worker was involved in a palliative care consultation, whole-person care components were more likely to be addressed, including addressing psychological (82% vs 18%) and spiritual needs (92% vs 8%) and documenting advance directives (90% vs 10%). I was not the only one. Schaefer, K.

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Hospice News

MAY 23, 2023

Hospice merger and acquisition activity has taken a downturn in 2023, which is in line with projections from M&A experts. Approximately 14 hospice, home care and home health transactions were reported during the first quarter of 2023, according to recent data from Mertz Taggart. However, deal volumes are still 20.4%

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Hospice News

SEPTEMBER 25, 2023

BrightSpring did not respond to Hospice News’ request for comment regarding the pending deal. Historically a personal care company, BrightSpring stepped into the hospice space in February 2021 with its $775 million acquisition of Abode Healthcare from the private equity firm Summit Partners.

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Hospice News

JULY 14, 2023

The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S. Between 2018 and 2021, he was CEO of the personal care company Help at Home.

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