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Addus HomeCare Expects 2024 Acquisitions

Hospice News

Addus HomeCare Corp. The post Addus HomeCare Expects 2024 Acquisitions appeared first on Hospice News. NASDAQ: ADUS) is poised for further acquisitions, potentially including some hospice deals. The company is seeking to pair its clinical services with its personal business in its existing markets.

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Addus HomeCare to Accelerate Acquisition Activity

Hospice News

Though the acquisition market has slowed down this year for home-based care companies, Addus HomeCare Corp. Addus has been among the few publicly traded companies that have remained active acquirers, and more deals are likely on the way during the fourth quarter and into 2024. NASDAQ: ADUS) remains on the hunt.

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Hospice Investors to Watch in 2024

Hospice News

Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. The following are some potential buyers to watch in 2024. But the company is almost certainly not done in the acquisition game, and further activity is likely in 2024.

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Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

State of hospice workforce Though hospices are seeing an improved workforce outlook in 2024 compared to previous years, staffing pressures remain a top concern for many organizations. Staffing was identified as a main 2024 pain point by 36% of 143 respondents to the Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase.

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JVs a Major Growth Engine for Hospices in 2024

Hospice News

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.

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NAHC, NHPCO Name Transition Board to Guide 2024 Merger

Hospice News

Today, they proposed a transitional board who will consider ratifying the organizations’ combination plan in early 2024. The board and officers will be ratified when the definitive agreements are signed in early 2024, the organizations’ indicated. With extraordinary opportunity comes the challenge of significant obligation.

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The Public Hospice Companies Most Likely to Acquire in 2024

Hospice News

After a rocky year for M&A, two of the publicly traded hospice providers are poised to pursue more deals in 2024. Based on 2023 earnings trends, The Pennant Group (NASDAQ: PNTG) and Addus HomeCare Cop. Pennant on the hunt For Pennant, 2024 will likely see a continuation of recent activity.