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Addus’ Growing Home Health, Hospice M&A Appetite

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) is anticipating slow-churning growth across its trifecta of home-based services. The company projected evolving hospice industry dynamics over the next year. Texas-headquartered Addus provides personal care, home health and hospice services in 23 states.

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Addus Bolstering Workforce, Building Density for Hospice, Home Health, Personal Care

Hospice News

As Addus HomeCare Corp (NASDAQ: ADUS) gears up for expansion, the company is focused on ensuring its workforce can absorb the growing capacity. . Hospice operators have relied on contract nursing to stay afloat during a time of worsening labor pressures, elevated turnover and rising demand for care. The hospice segment brought in $47.7

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Executive Changes at Niagara Hospice, Transcend Strategy Group, AMOREM, HomeCare & Hospice

Hospice News

Niagara Hospice CEO Retires Lockport, N.Y.-based based Niagara Hospice will soon have a new president and CEO with the upcoming retirement of John Lomeo, who has led the organization since 2000. Niagara Hospice is part of The Hospice and Palliative Care Group (HPCG), an organization that provides administrative services.

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Hospice Leaders ‘Shocked’ by Lackluster Proposed Payment Rule Amid Inflation, Wage Hikes

Hospice News

pay increase for hospice care for Fiscal Year 2023. As of June 30, that will rise to the typical 2%, representing a headwind that some hospices consider “ devastating. ” Chemed is the parent company of VITAS Healthcare, the largest hospice provider in the United States by market share, according to LexisNexis.

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How Proposed Cuts to Home Health Payments Could Impact Hospice M&A

Hospice News

Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. So many industry consolidators paused all but the most strategic deals and pivoted to hospice. “. This started to level off late last year and in early 2022.

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Hospice M&A Going Strong, But Non-Medical Home Care a Rising Star

Hospice News

While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of 2019, the U.S. Hospice market to stay mighty.

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5 Most Game-Changing Hospice Deals from 2022

Hospice News

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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