Hospice News

DECEMBER 9, 2024

Hospice News explores the issues garnering growing attention in end-of-life care delivery in seven of this years hidden gem stories. Topics span trends related to program integrity, workforce development, health equity, service diversification and the keys to hospices growth strategies. billion acquisition of LHC Group in 2023.

2024 231

2024 Bereavement Hospice Grief 231

Hospice News

DECEMBER 17, 2024

These evolving regulations have hospices concerned that a lack of virtual access to their services could have significant impacts on quality and health disparities. Weve inherited a kind of accelerated movement toward a new normal during the pandemic, Fratkin told Hospice News.

Hospice 240

Hospice 2026 2024 2025 240

Hospice News

APRIL 23, 2024

A group of Wisconsin-based organizations, including hospices, are working to improve end-of-life care among homeless populations. Individuals who elect to receive hospice at the facility will receive care from local providers. A recent grant from local government agencies is helping to fuel these efforts.

Hospice 309

Hospice End-of-life care Assisted living 2024 309

Hospice News

MAY 24, 2024

The nation’s publicly traded hospice companies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. raise compared to Q1 in 2023. year-over-year increase.

Hospice companies 213

Hospice companies Hospice 2024 2023 213

Hospice News

JANUARY 2, 2023

Wisconsin-based Agrace Hospice & Supportive care is raising employee compensation and expanding their benefits. As with almost every hospice, our single biggest expense is labor — it is front and center,” Sexten told Hospice News. “We The hospice provider has also revamped employee health insurance plans in 2023.

Hospice 264

Hospice 2023 2020 2021 264

Hospice News

SEPTEMBER 30, 2022

Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. These markets are growing partly because of demographic trends and partly because of increasing acceptance of both palliative and hospice,” Tanquilut told Hospice News. “As billion by 2030, a rise from $34.5

2030 333

2030 Palliative care Palliate Hospice 333

Hospice News

FEBRUARY 27, 2023

The hospice, palliative care and personal care provider Gentiva has agreed to acquire Heartland Hospice and other assets from the home-based care company ProMedica. The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home.

Hospice 246

Hospice Medicare 2021 2023 246

Hospice News

MAY 30, 2024

When it comes to hospice acquisitions, buyers and sellers expectations on price tags are becoming more aligned. But deal volume has largely declined in late 2023 and early 2024, and valuations are starting to come down. However, this doesn’t mean that buying a hospice is a bargain-basement transaction.

2024 245

2024 Hospice 2022 2021 245

Hospice News

AUGUST 13, 2024

Hospices are increasingly collaborating with community organizations to better address the end-of-life needs of the homeless population. The Denver-based nonprofit organization offers shelter for people with end-of-life care needs. They may also need access to a continuum of care further upstream of hospice, he stated.

Hospice 270

Hospice Social worker Palliative care End-of-life care 270

Hospice News

NOVEMBER 4, 2022

The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice. The initially proposed 4.2%

2023 157

2023 Hospice Homecare In-home health 157

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 218

2022 Hospice 2021 2023 218

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. These trends in value-based care have even influenced the M&A market.

2022 226

2022 Social worker Hospice Homecare 226

Hospice News

FEBRUARY 28, 2023

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. The company added to its clinical workforce with 80 new hires during the fourth quarter, with hospice hiring especially strong. Hospice length of stay reached an average of 90.2

Hospice 207

Hospice 2023 2022 Personal care 207

Hospice News

NOVEMBER 2, 2022

As the dust settles from its divestiture of Kindred at Home’s hospice and personal care segments, Humana Inc. NYSE: HUM) seeks to further expand into value-based care as both a provider and a payer. Kindred Hospice pushed up Humana’s Q3 operating costs by roughly 160 basis and 200 basis points year-to-date.

Hospice 217

Hospice 2023 Medicare Personal care 217

Hospice News

MAY 10, 2023

Hospices are increasingly eying palliative care as a promising growth opportunity, prioritizing expansion in that field over other health care service lines. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others.

Palliative care 200

Palliative care Palliate Hospice Homecare 200

Hospice News

MARCH 13, 2024

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! 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.

Hospice 222

Hospice Assisted living Palliative care Palliate 222

Hospice News

JULY 17, 2024

Tuesday Health CEO Jim Wieland told Hospice News. The startup Tuesday Health launched in 2023, emerging from a partnership between Valtruis and Mass General Brigham Ventures. The Tuesday Health partnership is only the most recent palliative care investment from CareSource.

Palliative care 278

Palliative care Palliate 2025 Palliative care resources 278

Hospice News

AUGUST 2, 2022

Bolstered by recent acquisitions, Addus Homecare’s (NASDAQ: ADUS) hospice segment is holding its own against labor headwinds and inflation. For example, the company’s $85 million acquisition of Illinois-based hospice provider JourneyCare Inc., million, with hospice accounting for 20%, CFO Brian Poff reported in the earnings call.

Hospice 185

Hospice 2022 2021 2023 185

Hospice News

SEPTEMBER 7, 2023

Chicago-based NorthShore–Edward-Elmhurst Health is expanding its partnership with Residential Home Health and Hospice. But now, Residential Hospice will act as a preferred provider of hospice services at the health system, NorthShore indicated in a press release.

2011 221

2011 Hospice 2015 Palliative care 221

Hospice News

MARCH 3, 2023

Gentiva’s recent $710 million acquisition of ProMedica’s hospice and home-based care assets bucks prevailing trends in today’s M&A market. Many in the space expect smaller deals to become more prevalent during the first half of 2023, particularly in light of rising interest rates and other economic forces. s (NYSE: HUM) $2.8

Hospice 199

Hospice Homecare 2023 2020 199

Hospice News

MARCH 14, 2024

NASDAQ: AVAH) has seen improvement within its hospice and home health segment. The last two years have brought some turbulence in Aveanna’s hospice and home health admissions and revenues. The business we’re most proud of is the rebound of our home health and hospice business,” Shaner said in today’s earnings call. “A

Hospice 162

Hospice 2024 2023 Healthcare 162

Hospice News

FEBRUARY 1, 2024

Natarajan’s role expanded after previously serving as the post-acute company’s chief medical officer for hospice since 2005. In addition to oversee AccentCare’s hospice and palliative care programs, he will also support its clinical care operations and patient experience initiatives.

2019 245

2019 Grief 2013 2005 245

Hospice News

FEBRUARY 27, 2024

NASDAQ: ADUS) saw hospice growth in 2023, despite lingering pandemic-related challenges around daily census. The company anticipates growth in its personal care business in 2024, which will have a reverberating impact in its hospice and home health service lines. billion in 2023, swelling from $951.1

Hospice 147

Hospice 2024 Homecare 2023 147

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. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. Hospice utilization in the Illinois market reached 50.3%

Home healthcare 220

Home healthcare Healthcare Homecare 2030 220

Hospice News

MARCH 21, 2023

While compensation is an important factor for attracting and keeping staff, hospices need to consider other crucial aspects. Employee benefits, a career path, organizational culture and leadership engagement also weigh into workers’ decisions to join, stay or leave a hospice.

Hospice 202

Hospice 2022 2023 Hospice nursing 202

Hospice News

JANUARY 25, 2023

Forging partnerships with health systems and physician groups has become a cornerstone of AccentCare’s growth strategy as it seeks to expand the breadth of this post-acute care services. AccentCare has been building such partnerships for years, but in 2023 they have become a rising priority.

Hospice 196

Hospice Palliative care Medicare 2023 196

Hospice News

JUNE 28, 2024

The company currently offers value-based home health, hospice, personal care services, behavioral health and palliative care from 200 locations throughout 18 states. Elara Caring’s clinicians serve more than 60,000 patients. This is the latest in a string of transactions for Elara Caring.

Caregiver 232

Caregiver 2004 2023 Senior care 232

Hospice News

APRIL 28, 2023

When it comes to value-based payment models, home health has a head start on hospice. But those providers’ experiences can lend some insights into how hospices can prepare themselves. Hospices are only now taking their first steps into value-based reimbursement.

Hospice 223

Hospice Medicare Demo 2016 223

Hospice News

APRIL 11, 2024

Angela Hospice’s New Senior Living Inpatient Facility Michigan-based Angela Hospice recently unveiled plans to open a new inpatient center at a senior living facility. Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. The William B. and Janet B.

2004 234

2004 2006 Rehabilitation services 2011 234

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 225

2023 2017 2021 2022 225

Hospice News

JANUARY 24, 2024

Recruiting and retaining palliative care professionals can be a difficult feat for organizations, in part because not enough medical and nursing students are exposed to palliative care during their education. Luke’s Hospice & Palliative Medicine’s program. It’s about working together to assess the needs with wraparound care.”

Palliative care 225

Palliative care Palliate Geriatrics Medical director 225

Hospice News

DECEMBER 21, 2023

Two of the nation’s largest hospice and home-based care industry organizations are merging and have announced a combined board that will guide the transition. Recently, many of those efforts have included advocacy around program integrity within the Medicare Hospice Benefit. Lloyd, president and CEO, Delaware Hospice, Inc.

2024 251

2024 Homecare Palliative care Definition 251

Hospice News

JULY 8, 2022

The COVID-19 public health emergency remains in effect,” an HHS spokesperson told Hospice News in an email. “As As the PHE lingers, so do questions around what it has brought to the table for hospices. CMS also temporarily waived the requirement for volunteers to provide a minimum of 5% of hospice patient care hours.

Hospice 214

Hospice 2020 2015 2023 214

Hospice News

OCTOBER 16, 2024

Hospice and palliative care will be a “strong focus” of services provided at the new senior living facility, Heartlinks Adult Family Home, said Shelby Moore, the organization’s executive director. Heartlinks provides hospice and senior living services across two counties in southern Washington. million in 2023, a rise from $5.33

Palliate 165

Palliate Hospice Grief End-of-life care 165

Hospice News

FEBRUARY 12, 2024

Once among the nation’s largest home health and hospice providers, Humana Inc. The following year, the insurance giant divested Kindred’s hospice and personal care segments, selling a 60% stake to the private equity firm Clayton, Dubilier and Rice (CDR) for $2.8 NYSE:) acquired the company in 2021.

Palliative care 252

Palliative care Palliate Social worker Medicare 252

Hospice News

SEPTEMBER 23, 2024

Gentiva in 2024 and 2025 is laser-focused on staff retention and building out its palliative care platform Empatia. Workforce shortages have plagued the hospice community for years, along with the health care sector at large. The firm later rebranded the hospice provider as Gentiva. NYSE: HUM) for $2.8

Social worker 205

Social worker 2025 2023 2024 205

Hospice News

JANUARY 2, 2025

The hospice mergers and acquisitions market has seen a host of changes in recent years, with buyers and sellers examining a range of risks and opportunities in the field this year. The previous buy, buy, buy mentality among hospice investors has morphed into a more disciplined strategic approach, according to New Day Healthcare LLC CEO G.

2025 147

2025 Hospice Definition 2024 147