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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. Texas-based New Day launched in 2020 and offers hospice, home health and personal care through several brands, as well as pediatric services and clinical decision support.

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New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

Hospice utilization among Medicare decedents reached 52.23% in Texas during 2022, reported the National Alliance for Care at Home. New Day launched in 2020, led by a group of former hospice and home health professionals. Hospice utilization rates hovered at 49.1% nationwide that year, according to the Alliance report.

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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. The most recent example is the 2020 implementation of the Patient-driven Groupings Model (PDGM).

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New Executives Tapped At Hospice Organizations Across Country

Hospice News

Muir was previously chief innovation officer at Capital Caring Health. He first joined that company as its executive vice president of clinical services and CMO in 2002 while holding a similar role at Hospice of the Piedmont from 2019 to 2020. Her passion to provide excellence in home health care and hospice is evident.”

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2025 Could See Uptick in Hospice M&A, Less ‘Deal Fatigue’

Hospice News

Multiples in home health and hospice reached 29x in 2020, beating 2019’s record of 26x, reported PwC’s Health Research Institute. Hospice transaction volume and valuation reached record highs in recent years until a cooling period began in 2023.

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Charter Healthcare Shakes Up Executive Team with New CEO, COO

Hospice News

Charter, a portfolio company of Pharos Capital Group, provides hospice, home health, complex care management and palliative care services to nearly 13,000 patients in eight states. “We 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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The State of the Hospice Nursing Workforce 

Hospice News

For instance, nurses and nursing students frequently reported difficulties in communicating with patients about their life-limiting prognoses in a 2020 study published in Behavioral Sciences. But these communication skills may be lacking among many clinicians.