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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. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. and JPMorgan Chase also own a stake.

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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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7 ‘Hidden Gem’ Hospice News Stories in 2024

Hospice News

billion, swooping in after Option Care Health (Nasdaq: OPCH) agreed to buy the company. Meanwhile, Addus HomeCare Corporation (Nasdaq: ADUS) and Gentiva also completed one of the largest deals of the year. Addus earlier this month closed a $350 million acquisition of Gentivas personal care business.

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3 Keys to Hospice Oversight Preparation

Hospice News

When hospice providers are being investigated not just by CMS but the FBI, the stakes for compliance are higher than ever. In May of 2024, the federal law enforcement agency placed its spotlight on the rising number of complaints about hospice fraud, in which hospices participate in signing up seniors for care without the seniors’ knowledge.

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3 Stats That Reveal the ROI of Outsourcing

Hospice News

For our 2024 strategic plan, we had to focus on how to be sustainable and have a sustainable foundation to be here for the next 75 years,” says Ralph-Blair, Chief Innovation Officer of Visiting Nurse Health System, the Atlanta-based non-profit provider of home-based care services. We consider the Homecare Homebase team an active ally.”

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More Nonprofit Hospices Consolidating Amid Economic, Regulatory Pressures

Hospice News

Year-to-date in 2024, 12 hospice acquisitions have taken place, about 50% were among nonprofits, data from The Braff Group show. The affiliation includes Trustbridge’s hospice brands, Hospice of Palm Beach County and Hospice by the Sea. In 2023, 24 transactions occurred, with nonprofits representing about 54%.

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Future Leaders: Lindsay Nixon, Administrator, Arbor Hospice

Hospice News

The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. 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. To see this year’s Future Leaders, visit [link].

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