Hospice News

DECEMBER 15, 2022

Florida-based Hope Healthcare has affiliated with Chapters Health System, a nonprofit provider of hospice, palliative care and home health, among other services. Fueling the expansion are two affiliation-building strategies that Chapters introduced in 2020, the Chapter Health Managed Service Organization (MSO) program and Chapters CareNu.

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Hospice News

APRIL 2, 2025

Having completed six deals in the past 16 months, New Day Healthcare is on the hunt for acquisitions using a three-pronged strategy. Since its founding in 2020, New Day has completed two such transactions Phoenix Home Care and Hospice in Missouri, Kansas and Illinois; and Home Care Providers in Texas, a statewide organization.

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Hospice News

FEBRUARY 17, 2023

California-based post-acute care company Charter Healthcare Group has tapped Cheryl Lovell to become its new CEO and Anna-Gene O’Neal as the company’s first chief operating officer. The company completed at least six hospice deals in 2021 on top of four in 2020, in addition to two de novos and a number of home health transactions.

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Hospice News

OCTOBER 11, 2023

Rechtin comes to Humana from Envision Healthcare where he is now president and CEO. The post Humana CEO Broussard to Step Down in 2024, Succeeded by Envision Healthcare Exec Jim Rechtin appeared first on Hospice News. Humana Inc. He transitions to the COO role for the insurance behemoth as of Jan. billion deal.

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Hospice News

JANUARY 16, 2024

So it may be fitting that the founders of New Day Healthcare crafted a vision for their company around the table in CEO Scott Herman’s Texas home. New Day Healthcare CEO Scott Herman In the past you’ve discussed your “burn the ships” strategy. Many families make home-based care decisions around a dining room table.

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Minority Nurse

APRIL 1, 2025

A Long Road Back to Education Reflecting on her decision to return, Ortega shares, “In September 2020, after spending six months working from home due to COVID, I found myself reflecting during a conversation with a friend.

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Hospice News

JANUARY 13, 2025

from 2008 to 2020. The announcements follow the recent closing of Pennants $80 million acquisition of Signature Healthcare at Homes hospice and home health assets. Francis Healthcare System of Hawaii. Smith served as AAHPM CEO from 2007 to 2020, holding the same role at Association Management Center (AMC) prior to that.

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Daily Nurse

FEBRUARY 4, 2025

The nursing and healthcare community deeply mourns the loss of Dr. Loretta C. Her extraordinary contributions have revolutionized healthcare delivery and globally expanded patient access to quality care. Her extraordinary contributions have revolutionized healthcare delivery and globally expanded patient access to quality care.

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Hospice News

MARCH 3, 2023

RAND researchers analyzed Consumer Assessment of Healthcare Providers and Systems (CAHPS) Survey data from 653,208 caregivers whose family members received care from 3,107 hospices between April 2017 and March 2019. hospices between 2019 and 2020. study has found. Of those, about 73% were for-profit companies, and 24% were nonprofits.

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Hospice News

SEPTEMBER 19, 2024

The reduction marks the first rate cut since 2020. The relatively high rates during the past two years are among the factors contributing to an M&A slump in the hospice market, in which deal volume has slipped significantly from the record numbers of transactions in 2020 and 2021. Now, inflation is slowing down, dropping from 9.1%

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Daily Nurse

JANUARY 10, 2025

It also exposes significant geographic disparities in geriatric healthcare, highlighting that nearly two-thirds of U.S. counties lack specialized geriatric healthcare professionals. The study analyzed geriatric healthcare workforce trends from 2010 to 2020 when the older population experienced the fastest growth since 1880-1890.

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Hospice News

JUNE 27, 2022

Not only are malnourished patients more likely to be hospitalized, but the cost of those stays is nearly twice as high as those for patients who have sufficient access to quality food, according to the Agency for Healthcare Research and Quality (AHRQ). Case in point, the U.S. Cameron Muir, M.D.,

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Sustainable Caregiving

APRIL 15, 2023

He passed at 99 in December 2020. I became a shell of … 3 Ways Healthcare Professionals Can Support Family Caregivers Read More » The post 3 Ways Healthcare Professionals Can Support Family Caregivers appeared first on Sustainable Caregiving™. I cared for my father for seven years.

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Hospice News

MARCH 18, 2025

But the tides may be turning toward more favorable market conditions for buyers, Poff said at the virtual Oppenheimer Healthcare MedTech & Services Conference on Tuesday. Addus has taken a more conservative strategic approach, joining the pool of hospice providers scaling back on large purchases.

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Hospice News

DECEMBER 8, 2023

The company has a history of completing its own acquisitions, including the 2020 purchase of California-based Superior Healthcare, also a DME provider. Medicare in 2020 spent $11.2 The following year, Hospice Source acquired Respiratory Therapy Home Care in Bellflower, Calif.

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Hospice News

FEBRUARY 23, 2024

Vitas Healthcare is making changes in its c-suite and executive team. VITAS Healthcare continues to experience tremendous success and, as we keep growing, so do the opportunities and recognition for our leadership,” Westfall told Hospice News in an email. CEO Nick Westfall has been appointed the company’s chairman.

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AlayaCare

OCTOBER 31, 2019

These themes will continue to be felt as we enter 2020. Lastly, from an IT perspective, 2020 will be the year of the API , as providers large and small realize that it takes a village (of technology) to optimize their operations. The post 4 Important Predictions for Home Care in 2020 appeared first on AlayaCare.

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Hospice News

NOVEMBER 20, 2024

New Day Healthcare LLC is prioritizing hospice growth in its strategic plans as the home-based care company focuses on improving quality for patients across the care continuum. Texas-based New Day launched in 2020 by a group of former hospice and home health professionals.

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Hospice News

DECEMBER 4, 2023

After the tumultuous years of the pandemic, VITAS Healthcare expects a stable growth trajectory heading into 2024. Though the company has not yet released financial guidance for 2024, VITAS anticipates a “predictable” 2024 in terms of earnings and growth, executives said at Monday’s Bank of America Healthcare Conference. NYSE: CHE).

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Hospice News

MAY 30, 2023

Last year, Ohio’s Hospice — and its palliative care arm Pure Healthcare — entered into a VBID network contract with the CVS Health Corp. Admission to the network means that Aetna will also cover a range of benefits for Ohio’s Hospice and Pure Healthcare patients. NYSE: CVS) subsidiary Aetna.

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Hospice News

SEPTEMBER 25, 2023

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. The company has been quiet on the merger and acquisition front during the past two years following a swath of activity between 2018 and 2020.

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Hospice News

MAY 23, 2022

However, providers shouldn’t necessarily expect a return to pre-2020 conditions. Case in point: Aveanna Healthcare Holdings (NASDAQ: AVAH) in January and February had as many as 3,000 staff quarantined, up from a range of 200 to 300 in late December 2021, CEO Tony Strange said on a Q1 earnings call.

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Hospice News

MARCH 19, 2024

Total employment in this sector was 5% higher in July 2023 than in February 2020, MedPAC reported. A 2023 report from the Hospital & Healthcare Compensation Service (HCS) and NAHC also indicated that turnover had fallen last year. However, these aggregated data don’t necessarily indicate what is happening in individual markets.

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Hospice News

JUNE 7, 2023

Integrating palliative consultations into care management for heart failure patients improves utilization and fosters greater understanding among referring clinicians, research from the Veteran Affairs (VA) Connecticut Healthcare System has found. Palliative care was utilized by 6.5%

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Hospice News

JANUARY 20, 2023

Virtual reality technology can reduce the use of high-cost pain therapy services and medications, according to Dr. Joseph Shega, executive vice president and chief medical officer of VITAS Healthcare, a subsidiary of Chemed Corp (NYSE: CHE). Other operators are similarly embracing virtual reality technology.

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Hospice News

JUNE 20, 2023

The transaction follows Pennant’s May acquisition of the assets of Benefit Home Healthcare and Benefit By Your Side, a Colorado-based company that offers home health care, private duty, and community health services. And in 2020, about 54.1% Financial terms were undisclosed. “We Census Bureau.

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Hospice News

JUNE 30, 2023

Radiant Health is an organization recently established by Metta Healthcare and the senior living operator United Church Homes. Metta Healthcare is the parent company of Ohio’s Hospice and the palliative care provider Pure Healthcare. Among the partners, Metta has the most experience working in the home setting.

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Hospice News

JUNE 23, 2023

The nonprofit health plan CareSource has signed a definitive agreement to partner with Radiant Alliance, a new entity formed by Metta Healthcare and United Church Homes. Metta Healthcare is the parent company of Ohio’s Hospice and the palliative care provider Pure Healthcare. We are the first to actually do it.”

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Hospice News

SEPTEMBER 1, 2023

Multiples in the home health and hospice space reached a peak of 29 times EBITDA in 2020, outpacing the previous year’s record high of 26 times, reported the PwC Health Research Institute. “Primarily, we’re seeing home health, but also hospice, multiples return to more normalized rates. Valuations in hospice are becoming more realistic.”

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Hospice News

NOVEMBER 1, 2022

VITAS Healthcare, a subsidiary of Chemed (NYSE: CHE), is seeing the benefits of ongoing community access initiatives as it continues to battle headwinds that started with the COVID-19 pandemic. This is the first significant expansion of our clinical workforce and related patient capacity since the pandemic began in early 2020.”.

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Hospice News

SEPTEMBER 16, 2022

As providers try to keep pace, h ospice workers have seen wage increases of 3% to 6% since the start of the pandemic in spring 2020, according to NAHC. Nearly half of respondents (47%) of the 2021 Hospice Industry Outlook Report indicated that telemedicine and telehealth would yield the highest return on investment this year compared to 2020.

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Hospice News

MAY 2, 2022

The financial burden on caregivers is associated with a range of negative outcomes , according to a 2020 BMC Palliative Care study. Among the participants in this new program is Aveanna Healthcare Holdings, Inc. Imaginary Ventures led the round with participation from Forerunner Ventures, Declaration Partners and Optum Ventures.

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Hospice News

JULY 12, 2024

New Day Healthcare Announces Strategic Executive New Day Healthcare has appointed Jeff Bonham as its senior leadership executive and operations project specialist. Founded in 2020, New Day Healthcare provides home health and hospice across 30 locations in Illinois, Kansas, Missouri and Texas.

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Hospice News

MAY 31, 2023

The palliative growth was spurred by a two-year pilot project funded by a quality improvement grant from the Harvard Pilgrim Healthcare Foundation. The Pine Tree State had the highest volume of seniors compared to any other state across the country in 2020, outranking only Florida and Vermont that year at 21.2% Census Bureau.

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Hospice News

SEPTEMBER 20, 2023

” AccentCare AccentCare AccentCare CEO , Laura Tortorella In addition to her more than years of healthcare leadership experience, five key qualities likely underlie Tortorella’s selection. Tortorella ascended to Steward’s c-suite in November 2020 after more than a decade with the company. All told, the company covers close to 1.5

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Hospice News

JANUARY 3, 2023

New York’s hospice utilization rate was the lowest in the nation in 2020 at 24% among Medicare decedents, the National Hospice & Palliative Care Organization (NHPCO) reported. Utah had the highest rate at 60.7%. Contributing to the low rate is the size of the state’s population.

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Hospice News

JULY 6, 2023

Everybody sold in 2020, 2021 or the first two quarters of 2022, so there’s just not a lot of inventory out there. Dominating the market in 2023 are massive outlier deals, including some involving payers or other massive health care companies, according to data from Provident Healthcare Partners. 1 is scarcity. This includes the $5.4

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