Remove 2022 Remove Hospice companies Remove Personal care
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5 Most Game-Changing Hospice Deals from 2022

Hospice News

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. s (NYSE: HUM) $2.8

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Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. During late 2021 and 2022, the U.S. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. 3–6 Big Provider, Payer Hospice Deals.

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Addus to Acquire Tennessee Quality Care for $106 Million

Hospice News

Addus expects the transaction to further its goal of co-locating its clinical services in markets where it already has a personal care footprint. We are pleased to expand our market presence in Tennessee with the addition of the Tennessee Quality Care operations. The company’s net service revenue reached $251.6

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Frontpoint Health Acquires High Plains Senior Care Group

Hospice News

Frontpoint Health has completed its acquisition of the Texas-based home health and hospice company High Plains Senior Care Group (HPSC). In October 2022, Frontpoint’s private equity backers, Cimarron and Tacoma, recapitalized the home-based care provider, though the dollar amount was confidential.

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Regulatory Pressures Contributing to M&A Slump

Hospice News

In addition to those pressures, the industry is also in a cooling period in which companies focus on integrating the assets that many acquired during flurries of activity in 2021 and 2022, according to Mark Kulik, senior managing director at The Braff Group. The New York-based hedge fund owns 4.5%

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

Regardless of providers’ disparate methods, hospice remains a high-growth industry, expanding at an annual rate of 7% to 8% annually, Bank of America (BofA) Global Research reported in TKTK. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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