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New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

Texas-based New Day Healthcare LLC has announced its acquisition of Good Samaritan Society’s hospice operations in its home state. The deal marks an important strategic move as New Day Healthcare ramps up M&A activity in the near future, according to CEO and Founder G. The financial terms of the deal were undisclosed.

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New Day Healthcare Acquires Intrepid USA’s Missouri, Texas Hospice Assets

Hospice News

Texas-based New Day Healthcare LLC on Monday announced its acquisition of Intrepid USA’s hospice operations in Missouri and in its home state. New Day Healthcare has additional strategic growth plans in store once the acquisition completes, with more deals on the near horizon in coming months according to CEO and Founder G.

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Saad Healthcare to Pay $3M False Claims Act Settlement

Hospice News

doing business as Saad Healthcare, has agreed to pay $3 million to settle alleged False Claims Act violations. The settlement resolves allegations that between 2013 and 2020 Saad submitted false claims to Medicare for 21 patients who did not meet the eligibility requirements for the Medicare Hospice Benefit. Saad Enterprises Inc.,

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New Day Secures $125M Investment Seed to Fuel Hospice, Home Health Growth

Hospice News

New Day Healthcare LLC recently secured a $125 million senior credit facility with First Citizens Bank. New Day Healthcare is majority owned by the private equity firm Kaltroco. That capital access will support the company’s acquisition pipeline in home health, hospice and personal care. Scott Herman.

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New Day Healthcare Acquires Compassion Hospice

Hospice News

The home health and hospice provider New Day Healthcare has acquired Texas-based Compassion Hospice for an undisclosed amount. “New Day Healthcare is pleased to welcome Compassion Hospice to our platform. ” This was New Day’s ninth acquisition since the company was established in 2020.

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Hospice CEO’s Top Predictions for 2025

Hospice News

While we predict labor markets will continue to open up, the demand for caregivers will be the most significant headwinds that hospice (and broader healthcare) continue to face. Westfall, VITAS Healthcare The post Hospice CEO’s Top Predictions for 2025 appeared first on Hospice News. Heath Bartness, CEO, St. Bartness, St.

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Payer Partnerships ‘Critical’ in VBID: Ohio’s Hospice, Pure Healthcare Contract with Aetna

Hospice News

CVS Health Corporation (NYSE: CVS) subsidiary Aetna has selected Ohio’s Hospice and Pure Healthcare as part of the insurance company’s hospice and palliative care preferred provider network for Value-Based Insurance Design (VBID) in the Buckeye State. “This would allow for greater flexibility than the current Medicare model provides.”