Hospice News

MARCH 8, 2023

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Addus began as a personal care provider in 1979. This is down from 51.6%

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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

NOVEMBER 11, 2024

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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Hospice News

APRIL 4, 2023

In addition to skilled home health, Enclara’s services include hospice, palliative and personal care, and behavioral health. The acquisition presents opportunities for Elara Caring to fill gaps between its adjacent markets in Connecticut and Massachusetts. Demographics are fueling demand for senior care in Rhode Island.

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Hospice News

MAY 15, 2024

This was VITAS’ first deal in several years, largely due to record-high valuations in the space, Chairman and CEO Nick Westfall told Hospice News in 2020. 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

SEPTEMBER 12, 2022

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

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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. In 2020 the company partnered with the investment firms Trive Capital and Coltala Holdings to widen its reach as a post-acute care company.

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Hospice News

JANUARY 5, 2023

Other stakeholders have cited a higher number of deals than PwC, but even those estimates fall short of 2021 and 2020 volume. Nevertheless, the frequency of their hospice investments slowed from the record-breaking levels seen in 2020 and 2021, according to Kulik. Deals 2023 Outlook Report. billion deal for LHC Group (NASDAQ: LHCG).

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Hospice News

FEBRUARY 1, 2024

The company merged with Illinois-based Seasons Hospice & Palliative Care in 2020. AccentCare provides hospice, palliative and personal care, along with home health, non-medical services, care management and high-acuity home care. I’m a strategically focused collaborative and appreciate humor!”

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Hospice News

OCTOBER 11, 2023

During his tenure, Humana expanded not only as a payer, it developed a huge presence in the provider space, including through its home-based care arm, Centerwell. Last year, Humana divested a 60% stake in Kindred’s hospice and personal care businesses to the private equity firm Clayton, Dubilier & Rice (CDR) for $2.8

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Hospice News

DECEMBER 12, 2022

billion divestiture of a 60% stake in Kindred at Home’s hospice and personal care segments to the private equity firm Clayton, Dubilier & Rice. These include a focus on smaller target acquisitions as valuations remain high across health care sectors, including within hospice, home health and personal care, according to Broussard.

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Hospice News

FEBRUARY 17, 2023

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. This experience should serve her well as Charter as it continues to pursue acquisitions and other avenues of growth. Before Broookdale, O’Neal served as CEO of Alive Hospice in Tennessee.

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Hospice News

JANUARY 11, 2023

Queen City Hospice has been on a growth trajectory since Addus Homecare purchased the provider for $192 million in 2020. Addus has a personal care presence in Ohio, and co-locating its clinical operations with those locations is a key component of its home health and hospice growth strategy, Allison said.

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Hospice News

MARCH 16, 2023

Dallas-headquartered AccentCare is a portfolio company of the private equity firm Advent International, offering hospice, palliative care, personal care, non-medical services, home health, care management and high-acuity home care.

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Hospice News

NOVEMBER 4, 2022

The organization also plans to add home health, medical services, grief care, personal care, and its Empath Partners in Care (EPIC) services, designed to care for HIV/AIDS patients. Bringing our full life care to the residents of Hillsborough County is an honor and a privilege,” Rafael J. “It

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Hospice News

APRIL 18, 2024

The company has provided hospice, palliative care, home health and personal care for more than 36 years. This is VITAS’ first deal in several years, largely due to record-high valuations in the space, Westfall told Hospice News in 2020. The company’s net revenue reached $350 million in the fourth quarter of 2023, a 13.6%

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Hospice News

MAY 5, 2023

The Miriam Hospital brought in more than $535 million in revenue during 2020, the most recent year data are available, according to its IRS 990s. Another intention of the program is to provide more compassionate and cost-efficient care, the hospital indicated in the statement. The hospital is part of the Lifespan Health System.

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Hospice News

JANUARY 2, 2023

The nonprofit employs nearly 900 staff who provide hospice, palliative, personal care, adult day and memory care services to roughly 1,500 individuals across 19 counties in southern Wisconsin. Agrace has served more than 66,253 hospice and palliative care patients since it was established in 1978. million in 2020.

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Hospice News

MARCH 13, 2024

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. Covenant Care has provided hospice, palliative care, home health and personal care for more than 36 years. Covenant Health and Community Services Inc.,

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Hospice News

JULY 29, 2022

Centers for Medicare & Medicaid Services (CMS) as of 2020 allows Medicare Advantage plans to cover supplemental non-medical benefits , including transportation and food services and some home modifications, among others. MedArrive leverages physician-led telehealth to reach patients in addition to in-person care.

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Hospice News

DECEMBER 11, 2024

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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Hospice News

OCTOBER 19, 2022

Personal care and social work referrals will also end. The home health and hospice will also cease to accept patient referrals from the senior housing community for those who require personal care attendant services as well as case management/social work service referrals, according to local news. Census Bureau.

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Hospice News

OCTOBER 17, 2023

Clinicians face relatively high rates of burnout “due to the secondary trauma and emotional exhaustion that develops from working with death and dying daily,” Aprille Waldrop, social services manager for Florida-based Hospice of Health First told Palliative Care News.

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Hospice News

MAY 10, 2022

The company in 2018 had acquired a 40% stake in the home health, hospice and personal care provider, with the private equity firms Welsh, Carson, Anderson & Stowe (WCAS) and TPG Capital holding the remaining 60%. Last year, Humana acquired total ownership of Kindred at Home after buying out its two private equity partners for $5.7

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Hospice News

OCTOBER 13, 2023

Home Health of the Ozarks offers home-based services across the same 40-mile geographic region, including skilled nursing, personal care, respite, medical social services and rehabilitation therapies. The nonprofit hospice is supported by TCMH Healthcare Foundation’s Hospice Memorial Fund.

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Hospice News

JANUARY 25, 2023

Dallas-headquartered AccentCare is a portfolio company of the private equity firm Advent International, offering hospice, palliative care, personal care, non-medical services, home health, care management and high-acuity home care.

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Hospice News

MARCH 3, 2023

billion divestiture of Kindred at Home’s hospice and personal care segments. As of 2020, Kindred at Home was the second-largest hospice provider in the United States by market share at 4.6%, according to LexisNexis. The deal marks Gentiva’s first purchase since the company emerged from Humana, Inc.’s s (NYSE: HUM) $2.8

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Hospice News

JUNE 23, 2023

Branded at Ohio’s Hospice at United Church Homes, it provides care in more than three communities across the senior living company’s footprint. The United Church Homes partnership also includes Pure Healthcare, Metta’s palliative care and supportive services affiliate, established in 2020.

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Hospice News

SEPTEMBER 28, 2022

As more care moves into the home setting, systemic changes may be necessary to keep that momentum going. Demand for home-based care was creeping upward before 2020, but the pandemic that broke out that year accelerated the trend.

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Hospice News

OCTOBER 14, 2022

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas.

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Hospice News

OCTOBER 10, 2022

In 2020, Bridge recapitalized with private equity dollars. HealthFlex provides home health, hospice, palliative care, social work, and personal care. San Diego-headquartered Bridge Home Health & Hospice, with 527% growth, was the highest-ranked hospice provider on the magazine’s list at No. The company reached No.

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Hospice News

MAY 23, 2023

New CEO at Jet Health Meanwhile, home-based care provider Jet Health, Inc., He succeeds Stacie Bratcher, who has led the company since 2020. Nabb previously was CEO and board member for Providence Care, LLC, a home health, hospice and home-based primary care provider that operates in the Southwest.

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Hospice News

JULY 28, 2023

Consolidation trends in hospice may continue to take shape as providers band together to build sustainable scale amid turbulent financial times, according to Zac Long, CEO of Well Care Health. The North Carolina-based hospice also provides home health, private-duty nursing and personal care services.

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Hospice News

JANUARY 11, 2024

Grant Avenue Capital, Fortis’ private equity backer, financed the deal, which is the company’s fourth since its founding in 2020. Fortis Health Fortis Health Rob Radics, CEO, Fortis Health Fortis offers home health, hospice, palliative and personal care services across its footprint. of the state’s overall population by 2050.

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Hospice News

JANUARY 19, 2023

Many people living with serious medical illnesses also suffer from comorbid behavioral health issues,” the Center to Advance Palliative Care (CAPC) indicated in a 2020 report. The providers making these investments are working to address a vast unmet need among seniors and the general population.

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Hospice News

JULY 8, 2022

27, 2020, the U.S. Aside from taking away care delivery options for patients and families, eliminating the waivers would also place added pressure on “very thinly stretched” hospice clinical staff who will have to allocate more time and resources to in-person care, according to Ponder-Stansel. Initially declared on Jan.

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Hospice News

JULY 18, 2023

Fortis offers home health, hospice, palliative and personal care services in Utah and Indiana, with plans to build density in its existing footprint, as well as expand to new markets. The firm is focused on what he calls “thematic investing,” which includes a strong focus on home-based care industries. Back in 2020, Grant Ave.

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