Hospice News

AUGUST 4, 2022

Like many providers, LHC Group (NASDAQ: LHCG) is feeling the brunt of labor pressures bearing down on patient volumes and revenue, with blows hitting its home health segment harder than hospice. Louisiana-based home health and hospice provider LHC Group was no exception. Labor challenges led to a 4.3%

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Hospice News

DECEMBER 12, 2022

Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. This was Humana Inc.’s

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Hospice News

MARCH 15, 2023

s (NYSE: EHAB) hospice growth plans. Labor has been a big “swing factor” in Enhabit’s ability to sustain and grow its services, particularly on the hospice side, CEO Barbara Jacobsmeyer recently indicated. Enhabit operates roughly 100 hospice locations and around 252 home health locations in 34 states.

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Hospice News

FEBRUARY 21, 2023

The gestation of Texas-based VitalCaring has been years in the works, but it built its clinical foundation around July 2021, when its three principal owners — Anthony and the private equity firms Vistria Group and Nautic Partners — purchased an undisclosed home health agency in Louisiana. My roots are in home care.

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Hospice News

AUGUST 29, 2022

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. So many industry consolidators paused all but the most strategic deals and pivoted to hospice. “.

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Hospice News

SEPTEMBER 19, 2022

While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. Hospice market to stay mighty.

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Hospice News

DECEMBER 5, 2022

Debbie Jonhston is a registered nurse who founded Viriginia-based Serenity First Hospice in 2021, inspired by the care her father recieved as he reached the end of his life. With the launch of Serenity First, Johnston transitioned from her career in home health and personal care. Hospice is different in the beginning.

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Hospice News

AUGUST 8, 2023

Hospices seeking to gauge the potential impact of new regulatory actions in the space can look to their counterparts in the home health field. We then started seeing the greater degree of impact,” Dombi told Hospice News. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit.

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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Hospice News

JUNE 8, 2023

s (NYSE: EHAB) M&A journey has narrowed towards hospice, diverting less in home health’s direction. Reimbursement uncertainties, shrinking pools of available assets, and rising valuations in the home health space are forces steering the company’s sights towards hospice, according to Enhabit executives.

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Hospice News

JULY 26, 2022

Hospice acquisition volumes and price tags have hit record highs for several years running. While a sizzling hospice market saw a cooled start this year, merger and acquisition activity is still outpacing other health care sectors. How has the hospice market been shaping up this year compared to others?

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Hospice News

AUGUST 10, 2023

When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We Hospice, in particular, will be buoyed by a rate increase hitting Oct. As a reminder, we do not have a demand problem.”

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Hospice News

NOVEMBER 18, 2022

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. When you look at who provides home health and hospice, you have a lot of providers that do both.

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Hospice News

NOVEMBER 1, 2022

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.

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Hospice News

MAY 5, 2023

As The Pennant Group (NASDAQ: PNTG) searches out more hospice and home health assets, the company is focusing heavily on developing its next generation of leaders. Pennant has its sights on multiple potential transactions across its hospice, home health and senior living business lines. million in Q1 2022.

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Hospice News

NOVEMBER 10, 2022

s (NASDAQ: AVAH) hospice and home health segments saw small jumps in the third quarter, but these lagged behind the company’s growth targets. The IPO occurred during a tumultuous era in health care, with providers across the continuum still reeling from the pandemic and worsened workforce pressures. rise from $411.3

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Hospice News

NOVEMBER 30, 2022

This article is based on a Hospice News discussion with Maria Warren, Vice President of Clinical Consulting at Netsmart that took place at the Hospice News Elevate Conference in Chicago. Hospice News: I am here with Maria Warren and we’re going to talk a little bit about technology and value-based care.

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Hospice News

FEBRUARY 17, 2023

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 HCA Healthcare (NYSE: HCA) acquired the segment in 2021 for $400 million and later sold portions of it to LHC Group (NASDAQ: LHCG).

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Hospice News

MAY 8, 2023

Kaishauna Guidry, a former teacher turned hospice physician, continues to leverage her background in education to help terminally ill patients find the care they need. Few businesses have to work as hard as hospices to dispel myths and misconceptions about their practices. G’s H.O.S.P.I.C.E G at the Heart of Healthcare.”

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Hospice News

MAY 2, 2022

Katrina Agnew joined UnityPoint Health in December of 2021 as vice president of hospice. This drives her commitment to expand access to hospice care, particularly among underserved populations. UnityPoint is an integrated health system with sites in Iowa, Illinois and Wisconsin. It’s one of the main barriers.

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Hospice News

MAY 10, 2023

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.

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Hospice News

JUNE 29, 2022

Assistant HHS Inspector General Erin Bliss raised concerns during the hearing about MA plans using chart reviews or in-home health risk assessments to diagnose patients, often without additional follow-up. One potential factor is that historically MA does not cover hospice care. billion in 2017 alone, she indicated.

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Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. Apple offers home health, skilled nursing and rehabilitative therapy services to 450 patients daily across 11 counties in and around the Chicago area. for $85 million earlier this year.

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Hospice News

OCTOBER 31, 2022

Expansion across the care continuum is a key to sustainable growth for hospices, according to executives from some of the industry’s largest companies. The hospice industry has been ripe for growth in recent years, plucking the interest of investors from all walks. LHC Group’s decision to double down on hospice.

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Hospice News

OCTOBER 20, 2023

It also adds home health capabilities to Compassus’ operations in central Tennessee, where the company already offers hospice services. “In Ascension at Home provides home health services in many communities across the country.” Centers for Medicare & Medicaid Services (CMS).

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Hospice News

JUNE 30, 2022

Two Oregon locations included in Humana’s (NYSE: HUM) divestiture of Kindred at Home’s hospice assets are currently under review by the state’s health authority — part of the diligence process involved in any M&A transaction. Oregon state legislators in 2021 passed a law to oversee health care consolidation in the state.

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Hospice News

MAY 17, 2022

Labor pressures continue to be the hospice industry’s biggest headwind. These intensified in late 2021 and the first quarter of this year as the Omicron COVID variant pushed more of their staff into quarantine. . The post Aveanna CEO: Higher Wages Key to Bringing Clinicians Back appeared first on Hospice News.

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Hospice News

DECEMBER 8, 2022

In this Voices interview, Hospice News sits down with Mark Kulik, Senior Managing Director, The Braff Group, to learn how the HHA and hospice M&A landscape is shaping up for 2022 heading into 2023. Hospice News: What career experiences do you most draw from in your role today? This article is sponsored by The Braff Group.

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Hospice News

JULY 15, 2022

Home-based care provider AccentCare has been busy since its merger with Seasons Hospice & Palliative Care, exploring new technologies and care delivery strategies, as well as expanding business lines. More recently, we’ve started using Muse to really help us to understand patient acuity within hospice.

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Hospice News

MAY 23, 2023

Hospice merger and acquisition activity has taken a downturn in 2023, which is in line with projections from M&A experts. Approximately 14 hospice, home care and home health transactions were reported during the first quarter of 2023, according to recent data from Mertz Taggart.

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Hospice News

JULY 14, 2023

Paul Mastrapa, former CEO of Help at Home, will succeed her. The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S. Canada and Australia.

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