Hospice News

APRIL 11, 2025

Many hospices in 2025 are driving to expand in the senior housing and assisted living space. million licensed beds, according to the American Health Care Association and the National Center for Assisted Living (AHCA/NCAL). Were looking at assisted living, senior living, that sort of thing, Ponder Stansel told Hospice News.

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Hospice News

JANUARY 2, 2025

The hospice mergers and acquisitions market has seen a host of changes in recent years, with buyers and sellers examining a range of risks and opportunities in the field this year. The industry saw a flurry of M&A activity in 2019 and 2020, with record high valuations and deal volume. Scott Herman.

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Hospice News

MARCH 18, 2025

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. Addus acquisition strategy focuses on pairing its clinical services with its personal care business across its existing markets.

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Hospice News

NOVEMBER 22, 2024

Valuations in the hospice space have led Addus Homecare (Nasdaq: ADUS) to take a more conservative approach to hospice transactions as it actively seeks home health and personal care deals. Hospice multiples reach record highs in 2020 and 2021, as much as 26x. Its personal care revenues reached $215.4

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Hospice News

APRIL 2, 2025

Tuck-in are smaller deals the company pursues within its existing markets and co-locating its multifaceted business lines, including home health, hospice, personal care, private-pay nursing and therapy services. They have to be very strong clinically, and then they’ve got to be compliant, Herman told Hospice News.

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Hospice News

APRIL 3, 2025

AccentCare is primed for further hospice growth, with both health system joint ventures and de novo activity as twin cornerstones of its strategy. Dallas-headquartered AccentCare provides hospice, home health, personal and palliative care across 32 states and in the District of Columbia.

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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. Hospice], is a tough industry.

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Hospice News

JUNE 3, 2025

At Thyme Care, Jain will see outpatients, oversee interdisciplinary case conferences and help scale the companys virtual palliative care platform. Thyme Care was established toward the end of 2020 following a $16 million funding round, led by Town Hall Ventures and Foresite Capital.

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Hospice News

APRIL 11, 2025

A few hospice executives have recently announced their retirement as new leaders step forward at a number of organizations. Texas-headquartered Addus provides personal care, home health and hospice services in 22 states. The companys expansion has been driven by a mix of organic and inorganic growth.

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Hospice News

DECEMBER 5, 2024

Anthony House Announces New Hospice Facility New York-based Anthony House is winding down fundraising efforts to support the opening of a new inpatient hospice facility. The hospice provider aims to improve access for patients and their families by launching the new center, which will be located in Oswego County, New York.

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Hospice News

MAY 10, 2023

As Addus HomeCare Corporation (NASDAQ: ADUS) sinks teeth into acquisitions, the company will be taking smaller bites when it comes to hospice deals. Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority.

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Hospice News

JANUARY 8, 2024

The home health and hospice provider New Day Healthcare has acquired Texas-based Compassion Hospice for an undisclosed amount. The company’s nearly 6,500 employees serve close to 100,000 patients annually across all of its business lines, including home health, hospice, pediatrics, clinical decision support and personal care.

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Hospice News

JUNE 19, 2024

Silverstone came on the scene in 2020 as a standalone hospice after CEO Alfonso Montiel’s purchase and rebranding of Comfort Care Hospice in the Dallas-Fort Worth region. Since then, the company has built a palliative care service and is developing a personal care business.

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Hospice News

JANUARY 5, 2023

Though buyers remain hungry for hospice acquisitions, smaller deals will likely be the most prevalent during 2023. The number of hospice and home health deals fell by nearly a third last year, though a few “megadeals” have driven up transaction values. Private equity firms have been voracious for hospice assets in recent years.

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Hospice News

JANUARY 2, 2023

Wisconsin-based Agrace Hospice & Supportive care is raising employee compensation and expanding their benefits. As with almost every hospice, our single biggest expense is labor — it is front and center,” Sexten told Hospice News. “We The hospice provider has also revamped employee health insurance plans in 2023.

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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

OCTOBER 19, 2022

Two hospices have lost the battle against workforce shortages, with one halting some of its service lines and another shutting down altogether. Hospice and Home Care of Juneau shutters. Alaska-based Hospice and Home Care of Juneau (HHCJ) recently announced its closure, citing high staffing costs and lack of clinicians.

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Hospice News

JANUARY 11, 2023

Ohio-based Queen City Hospice, an Addus Homecare (NASDAQ: ADUS) company, recently opened a new location in its home state. The new location in Fayetteville, Ohio, adds a central office in a rural region of the hospice’s service area that will reduce staff travel time. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

SEPTEMBER 14, 2023

A major achievement during Rodgers’ tenure at the Dallas-based hospice, home health and palliative care provider was the company’s 2020 merger with Illinois-based Seasons Hospice & Palliative. The deal made AccentCare one of the nation’s largest hospice providers.

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Hospice News

OCTOBER 10, 2022

Five hospice providers made Inc. They include Texas-headquartered Traditions Health, Bridge Home Health & Hospice and Healthflex Home Health & Hospice, both in California. Philadelphia-based All-American Home Care and Innovative Homecare Solutions in Illinois also appeared on the list. The providers tapped by Inc.

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Hospice News

JANUARY 25, 2023

Hospices are increasingly leveraging technology and pharmaceutical partnerships to better address the needs of patients and families and improve financial and operational efficiencies. Hospices have leaned heavily on technology during the pandemic, turning to telehealth to remain connected to patients and their families.

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Hospice News

FEBRUARY 7, 2023

She became a hospice nurse for By the Bay Health in 1996, then named Hospice of Marin, taking on various roles in clinical leadership throughout her more than 27-year tenure. “It Previously known as Hospice by the Bay, the organization rebranded in 2021 to reflect a broadening scope of services.

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Hospice News

MARCH 3, 2023

Gentiva’s recent $710 million acquisition of ProMedica’s hospice and home-based care assets bucks prevailing trends in today’s M&A market. NYSE: GS), a representative for Gentiva told Hospice News’ sister publication Skilled Nursing News. billion divestiture of Kindred at Home’s hospice and personal care segments.

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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Hospice News

SEPTEMBER 28, 2022

Demand for home-based care was creeping upward before 2020, but the pandemic that broke out that year accelerated the trend. But these home-based providers are working within a system that was built and oriented around facility-based care.

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Hospice News

JULY 28, 2023

Payers and private equity investors are among the new entrants stepping deeper into the hospice space. The hospice industry has seen a swath of new entrants amid record-level transaction volume and soaring valuations in recent years. Private equity deals represented nearly 22.2%

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Hospice News

JUNE 23, 2023

The creation and subsequent partnership with Radiant Alliance will bring a hospice and palliative care company and senior living operator under the auspices of a payer. 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

JANUARY 25, 2023

Forging partnerships with health systems and physician groups has become a cornerstone of AccentCare’s growth strategy as it seeks to expand the breadth of this post-acute care services. The company operates more than 260 locations in 31 states, caring for 210,000 patients and families annually.

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Hospice News

DECEMBER 19, 2022

In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. These trends in value-based care have even influenced the M&A market.

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Hospice News

AUGUST 17, 2023

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support.

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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. The company reported $5.6

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Hospice News

MARCH 13, 2024

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! d/b/a/ Covenant Care, provides hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama.

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Hospice News

JUNE 28, 2023

Hospice of the Chesapeake Appoints New CMO Maryland-based Hospice of the Chesapeake recently named Dr. Marny Fetzer as its new chief medical officer. Fetzer is currently system medical director for palliative care and hospice services at Illinois-based Ascension Health.

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Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Hospice News

JULY 8, 2022

27, 2020, the U.S. The COVID-19 public health emergency remains in effect,” an HHS spokesperson told Hospice News in an email. “As As the PHE lingers, so do questions around what it has brought to the table for hospices. Regulatory scrutiny has been rising in hospice for several years running. Initially declared on Jan.

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Hospice News

OCTOBER 4, 2022

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. Initially established in 2008 as a rehabilitation service provider, Choice expanded into home health during 2012 and later into hospice in 2018. By 2050, nearly 2.5

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Hospice News

APRIL 4, 2023

Texas-headquartered hospice and home health company Elara Caring has inked a deal to acquire Assisted Daily Living, Inc., The acquisition marks Elara Caring’s entry into the state and is anticipated to close towards the latter part of this year, pending customary regulatory approval. a Rhode Island-based provider.

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