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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. Seniors 65 and older represent 13.8% of the states overall population, according to the U.S.

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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

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.” Whitley joined the organization 29 years ago as a visiting nurse. “I

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

Hospice News

More founders who began their organizations when the Medicare Hospice Benefit was established in the 1980s are reaching retirement. Multiples in home health and hospice reached 29x in 2020, beating 2019’s record of 26x, reported PwC’s Health Research Institute.

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

Hospice News

Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Potential shifts in home health reimbursement are also driving the company’s M&A decisions, Poff stated during an earnings call earlier this year. Proposed changes could make home health deals more attractive, he indicated.

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Amedisys Eyes Palliative Care Expansion Via Contessa Joint Ventures

Hospice News

Sinai partnership marks Contessa’s first risk-based palliative care contract, which is reimbursed through Medicare Advantage. With this in place, the company now offers a full continuum of home-based care. million in 2020. Chris Gerard sees palliative care as really the linchpin of the businesses.

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5 Most Game-Changing Hospice Deals from 2022

Hospice News

Humana’s two Kindred at Home transactions added notches to the company’s belt as it expands its value-based care portfolio as both a provider and payer. The divestiture fits into Humana’s stated goal of raising its enterprise value by $1 billion , while building out its health care services and Medicare Advantage business.

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