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Addus HomeCare Expects 2024 Acquisitions

Hospice News

Addus HomeCare Corp. NASDAQ: ADUS) is poised for further acquisitions, potentially including some hospice deals. Addus’ roughly 33,000 employees provide hospice, home health and private duty nursing services across more than 200 locations in 22 states. Hospice revenue per day was up 3.7% Hospice revenue per day was up 3.7%

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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. This followed its $5.4 NYSE: HUM) for $2.8

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Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

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.

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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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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. Its hospice segment earned $53.1 million, up 12.6%

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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. million in Q3, up 18.3%

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How Hospices Are Diversifying Their Services in 2024

Hospice News

Palliative care, pediatric end-of-life care and end-of-life doula (EOLD) services are top of mind for hospices that are diversifying their services in 2024. There’s going to be so much change around value-based care coming in some way, shape or form for hospices,” Kudner told Hospice News.

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