Hospice News

DECEMBER 22, 2023

After a 2023 slump, health care dealmakers are voicing optimism for a 2024 rebound. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. The close of the years also saw some earnings stabilization among publicly traded companies. This includes the $5.4

2024 257

2024 Hospice 2023 2021 257

Hospice News

NOVEMBER 29, 2022

While most individual hospice companies are unlikely to participate directly in ACO REACH, they can contract with ACOs through a preferred provider network. The post HHS Moving into 2023 with Eyes on Health Equity, Public-Private Partnerships in Value-Based Programs appeared first on Hospice News.

2023 246

2023 Medicare Hospice companies Hospice 246

Hospice News

OCTOBER 7, 2024

A federal judge has struck down the whistleblower provisions of the False Claims Act, with broad implications for hospice and other health care enforcement actions. In Fiscal Year 2023, for example, these cases recovered $2.3 FCA cases have been rampant in the hospice space during the last several years. billion of the total $2.68

Hospice 130

Hospice Hospice companies 2023 2022 130

Hospice News

JANUARY 26, 2024

Rebranding a hospice company following a merger or acquisition is a more complex process than it may seem at first blush. While consolidation slowed in 2023, many industry observers expect a rebound in 2024, though perhaps not to the record-breaking levels seen in 2021.

Hospice 248

Hospice 2021 Palliative care Grief 248

Hospice News

FEBRUARY 20, 2024

As hospices zero in on their investments in staff engagement and operational efficiencies, organizational culture is becoming a higher priority. Hospices nationwide are taking varied approaches around how they fuel staffing investments with sustainable growth in mind. 2024 Hospice News Outlook Survey and Report.

2024 231

2024 Homecare Hospice 2023 231

Hospice News

JANUARY 31, 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. The company, which also offers pediatric and companion care, has also opened a few de novos and has more planned for this year.

2024 273

2024 Hospice 2021 Companion care 273

Hospice News

DECEMBER 19, 2022

In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. The following are the most-read Hospice News articles of 2022. #1

2022 246

2022 Social worker Hospice Homecare 246

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. s (NYSE: HUM) $2.8

2022 245

2022 Hospice 2021 2023 245

Hospice News

SEPTEMBER 7, 2022

Some hospice company leaders have signaled the labor market may be showing signs of stabilization. The note showed that the high rate of inflation is driving higher than average payment rate increases with insurance plans in their 2023 contracts.

Hospice 275

Hospice Hospice companies 2023 Medicare 275

Hospice News

APRIL 16, 2024

During the past two years, the insurance giant has completed a slew of acquisitions spanning much of the health care continuum — including hospice, palliative care and home health — as well as health care technology, largely through its subsidiary Optum. This reflects patient census growth of about 900,000 people during 2023.

2025 209

2025 2023 Hospice companies 2024 209

Hospice News

JUNE 28, 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions. VitalCaring was formed in July 2021, when the private equity firms The Vistria Group and Nautic Partners began acquiring home health and hospice agencies throughout the South and Southeast. Optum closed its $5.4

Hospice companies 214

Hospice companies 2024 2021 2023 214

Hospice News

OCTOBER 12, 2022

Hospices and Accountable Care Organizations have the ability to customize payment contracts within the Realizing Equity, Access and Community Health (ACO REACH) program. 1, 2023, the U.S. At the time, those relationships were oriented around home health agencies and skilled nursing facilities, Osborne told Hospice News.

Palliative care 298

Palliative care Palliate Hospice Medicare 298

Hospice News

SEPTEMBER 2, 2022

A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Thus, these assets have come at a premium in recent years, with hospice multiples r eaching as high as 29x in 2020.

Hospice 237

Hospice Homecare Hospice companies 2020 237

Hospice News

NOVEMBER 17, 2022

Rising interest rates and unlikely to deter investors or strategic buyers from acquiring hospice companies. Higher interest rates will push up borrowing costs, making hospices more expensive to purchase in the long-run. The Federal Reserve raised interest rates by 0.75% earlier this month. The rates now range from 3.75% to 4%.

Hospice 287

Hospice 2008 Hospice companies 2021 287

Hospice News

DECEMBER 21, 2022

Hospice leaders have kept their eyes on four key numbers as 2022 progressed: clinical capacity, length of stay, labor costs and utilization. A fifth, the rising number of new hospices in certain states, has emerged as a priority in recent weeks. These metrics are key to understanding what hospices experienced this year.

2022 239

2022 Hospice Medicare 2021 239

Hospice News

JANUARY 19, 2023

Four national hospice and senior care industry groups have called on Congress and the U.S. The proposed list of measures outlined in Hospice Program Integrity aimed to create more effective oversight. “A A lot of eyes are looking at hospice at this point in time.

Hospice 263

Hospice Medicare End-of-life care Webinar 263

Hospice News

JUNE 5, 2023

(NASDAQ: AMED) has received an unsolicited proposal from the UnitedHealth Group (NYSE: UNH) subsidiary Optum to acquire all outstanding shares of the home health and hospice provider’s stock. This marks Optum’s second attempt to purchase a massive home health and hospice company.

2023 246

2023 Hospice companies Hospice 246

Hospice News

JULY 21, 2023

Regulatory challenges have contributed to the hospice sector’s current M&A slump, but this year’s volume nevertheless aligns with experts’ forecasts. This year will be the second consecutive year-over-year decline in hospice activity. You have to go back six years to get an idea of average annual activity. billion.

2023 246

2023 2017 2021 2022 246

Hospice News

AUGUST 15, 2022

Barbara Jacobsmeyer as of July 1 became the first CEO of Enhabit Home Health and Hospice (NYSE: EHAB) as an independent, standalone company. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July. The new company expects to earn nearly $1.08

Hospice 242

Hospice 2007 Document Hospice companies 242

Hospice News

JUNE 29, 2023

(NASDAQ: ADUS) has reached an agreement to purchase the home health, hospice and private duty operator Tennessee Quality Care for $106 million. About 70% of its business is home health, including private duty, with hospice care comprising 30%. The company’s net service revenue reached $251.6 Its hospice segment represented $49.08

Homecare 236

Homecare Long-term care Hospice companies End-of-life care 236

Hospice News

JUNE 22, 2023

Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. It’s hard to say that you have proof. This looks really questionable.”

Healthcare 256

Healthcare Hospice Medicare 2021 256

Hospice News

OCTOBER 10, 2023

The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. Melissa Heiss, vice president of hospice, Jet Health, has been named a 2023 Future Leader by Hospice News.

Hospice 130

Hospice Geriatrics Homecare Hospice companies 130

Hospice News

SEPTEMBER 16, 2022

Lauren O’Dwyer, CFO at Anvoi Hospice and Anvoi Management, LLC, has been named a 2022 Future Leader by Hospice News. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. What drew you to the hospice industry?

2022 130

2022 Hospice Definition Caretaker 130

NHPCO

JANUARY 19, 2023

The recent entry of large numbers of newly created hospice organizations in several states has heightened long-standing concerns among hospice leaders (as shared with CMS in November 2022) about the adequacy of Medicare certification, accreditation, and enforcement processes.

Hospice care 93

Hospice care Hospice Medicare 2023 93

Hospice News

OCTOBER 19, 2022

Jay Duty, the newly appointed senior vice president and chief corporate development officer of Enhabit Home Health and Hospice (NYSE: EHAB), is spearheading the company’s ambitions for growth, including acquisitions and de novos. Earlier this month, it acquired Caring Hearts Hospice in Texas for an undisclosed amount. .

Hospice 245

Hospice Hospice companies Caregiver 2023 245

Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

2023 246

2023 Hospice 2030 Palliate 246

Hospice News

FEBRUARY 27, 2024

During the past two years, the insurance giant has completed a slew of acquisitions spanning much of the health care continuum — including hospice, palliative care and home health — as well as health care technology, largely through its subsidiary Optum. This reflects patient census growth of about 900,000 people during 2023.

Hospice companies 130

Hospice companies 2023 Healthcare Palliative care 130