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Leadership Transitions at 4 Hospice Providers

Hospice News

Hospices coast-to-coast have undergone leadership transitions, including changes in legal executives and a slew of newly appointed CEOs, among other roles in the industry. Texas-based New Day provides home health, hospice, palliative and personal care services across 31 locations in Illinois, Kansas, Missouri and in its home state.

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New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

Texas-based New Day Healthcare LLC has announced its acquisition of Good Samaritan Society’s hospice operations in its home state. The transaction includes Good Samaritans hospice assets in El Paso, Texas, expanding New Days existing presence in that market. Hospice utilization rates hovered at 49.1% Scott Herman.

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New Day Healthcare Acquires Christian Senior Care Services

Hospice News

Scott Herman, CEO of New Day Healthcare, told Hospice News in an email. Having expanded PCS services in Houston allows us to engage a full home care continuum, furthering our longitudinal care strategy. Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas. Census Bureau.

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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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Aveanna Healthcare’s ‘Strong, Disciplined’ Hospice Growth

Hospice News

Though hospice is a smaller segment for Aveanna Healthcare Holdings Inc. Aveanna’s home health and hospice segment has had mixed results thus far this year, but saw recent improvement, along with its other service lines, last quarter. It provides home health, hospice, private duty and personal care.

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Enhabit Fortifies Hospice Sales Workforce as Capacity Improves

Hospice News

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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M&A Volume May Shift From Hospice to Home Health

Hospice News

Though many expect a hospice M&A rebound in 2024, the scales are tipping in favor of home health companies among buyers. After 2023’s slump, PE firms have been sitting on more than $800 million in dry powder, according to data shared with Hospice News by The Braff Group. But additional data point to a resurgence.

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