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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

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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. This acquisition of four facilities in key regions enhances our strong portfolio and advances our mission of delivering comprehensive, patient-centered care in various post-acute settings.”

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New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

New Day launched in 2020, led by a group of former hospice and home health professionals. The organization, through several home care brands, offers hospice, home health and personal care, along with pediatric services and clinical decision support. Hospice utilization rates hovered at 49.1%

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

Hospice News

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. Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states.

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New Day Healthcare Acquires Intrepid USA’s Missouri, Texas Hospice Assets

Hospice News

The company provides hospice care at home through its location in Joplin, Missouri. New Day launched in 2020 by a group of former hospice and home health professionals. The organization, through several home care brands, offers hospice, home health and personal care, along with pediatric services and clinical decision support.

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The Senior Living Opportunity for Hospices

Hospice News

To the extent that the hospice program can really bring not just hospice, but some of that continuum of care to allow people to remain where they are and receive care where they lived for a long period of time. To me, that’s a great opportunity.

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Inside New Day Healthcare’s Acquisition Strategy

Hospice News

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. Scott Herman describes as tuck-ins, market expansion and transformational. Financial terms were kept confidential.

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