Remove 2020 Remove Hospice Remove Personal care
article thumbnail

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

Hospice News

That capital access will support the company’s acquisition pipeline in home health, hospice and personal care. Hospice is a cornerstone of New Day’s strategic focus. To date, the company has integrated 11 acquisitions into its pipeline, four of which have involved hospice assets. Scott Herman.

Hospice 277
article thumbnail

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 transaction includes Good Samaritans hospice assets in El Paso, Texas, expanding New Days existing presence in that market. Hospice utilization rates hovered at 49.1% Scott Herman.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Addus Closes $350M Gentiva Personal Care Deal

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) has closed its $350 million acquisition of Gentiva’s personal care business. Gentiva’s personal care segment brings in annual revenues of close to $280.0 Notably, we will now be the largest provider of personal care services in the state of Texas,” Allison said. “We

article thumbnail

The Senior Living Opportunity for Hospices

Hospice News

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.

article thumbnail

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. The deal includes Intrepid’s hospice assets in Joplin and Springfield, Missouri, as well as its locations in Beaumont, Texas. Hospice utilization rates hovered at 49.1% Census Bureau.

article thumbnail

Addus’ Growing Home Health, Hospice M&A Appetite

Hospice News

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.

2025 147
article thumbnail

How Home Health, Personal Care Reimbursement Guiding Addus’ M&A Strategy

Hospice News

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.