Hospice News

JANUARY 10, 2025

Hospice News spoke with a group of industry leaders about the most pressing market forces and trends that will shape the space during 2025. They also spoke about the need for greater integration of hospice into the larger health care continuum and the benefits of operators broadening their scope of services.

2025 264

2025 Hospice 2024 Long-term care 264

Hospice News

JANUARY 24, 2025

Improved staffing conditions have turned hospice into a growth engine for Enhabit Inc. Hospice currently represents about 20% of Enhabits patient volume, CEO Barbara Jacobsmeyer said at the HomeCare 100 conference in Florida. Hospice] is an area that continues to have some nice ability to grow. NYSE: EHAB).

Hospice 264

Hospice Homecare 2025 2024 264

Hospice News

NOVEMBER 13, 2024

Quality, compliance and financial stability are top of mind in hospice merger and acquisitions (M&A) as this year comes to an end. Growing demand is among the constants driving investor interest in the hospice space, according to Tom Lillis, partner at the Kentucky-based firm Stoneridge Partners Strategic Consulting.

2025 279

2025 Hospice 2024 2020 279

Hospice News

FEBRUARY 28, 2025

New trends in hospice care delivery are pointing to a growing need for improved equitable access and diversified services that address a broader range of disease-specific patient needs. Hospice providers have been expanding the depth of their interdisciplinary disease-specific programs to meet that need, Ware said.

Hospice care 253

Hospice care Webinar Hospice 2023 253

Hospice News

MARCH 13, 2025

Aveanna Healthcare Holdings (Nasdaq: AVAH) is putting home health and hospice at the forefront of its growth sights in 2025 through a mix of strategic approaches. Aveanna has seen consecutive periods of growth in its home health and hospice business line. Additionally, the companys home health and hospice revenues reached $54.4

2024 130

2024 2025 2026 Hospice 130

Hospice News

JANUARY 31, 2025

Hospices nationwide have been diversifying their services to include palliative care, PACE, home-based primary care and a host of other business lines. However, some organizations have found success with disease-specific programs reimbursed through the Medicare Hospice Benefit. Also in 2024, The Connecticut Hospice Inc.

Medicare 265

Medicare Hospice Palliative care Palliate 265

Hospice News

FEBRUARY 27, 2025

Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The hospices average daily census volume reached 22,179 patients in Q4, a 14.6% The companys $85 million acquisition of Covenant Health and Community Services in October 2024 has helped to fuel the companys growth. The Chemed Corp. VITAS $411.0

Hospice 273

Hospice Assisted living 2024 Medicare 273

Hospice News

DECEMBER 23, 2024

Centers for Medicare & Medicaid Services has made public its first cohort for the hospice Special Focus Program (SFP). Finalized in the 2024 home health payment rule, the program is designed to identify poor performing hospices, mandate quality improvement and in some cases impose additional penalties. million annually.

Hospice 290

Hospice 2019 Care at home Medicare 290

Hospice News

FEBRUARY 28, 2025

The Pennant Group (Nasdaq: PNTG) plans to ramp up acquisitions later this year as it works to integrate assets purchased in late 2024. Among those deals was The Pennant Groups acquisition of Signature Healthcare at Homes hospice and home health assets for a price tag of $80 million which closed in January. million, up 28.9%

2025 195

2025 2024 Hospice 2023 195

Hospice News

FEBRUARY 4, 2025

A guilty plea has been filed in a hospice fraud scheme that allegedly bilked Medicare for $17 million in false claims. Fichidzhyan was among the five individuals that the FBI arrested in June 2024 in connection with the hospice fraud and money laundering scheme. Justice Department.

Hospice 269

Hospice Medicare 2025 Hospice companies 269

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 246

Hospice 2026 2024 Medicare 246

Hospice News

NOVEMBER 7, 2024

Aveanna Healthcare Holdings (Nasdaq: AVAH) is ramping up its merger and acquisition activity in the home health and hospice space heading into next year. The Atlanta-headquartered company has set its strategic sights on both private duty nursing and hospice and home health, according to Aveanna CEO Jeff Shaner. The company saw a 6.5%

Hospice 272

Hospice 2025 2024 Caregiver 272

Hospice News

NOVEMBER 1, 2024

Nasdaq: BTSG) is seeing financial and operational tailwinds propelling the company’s growth, with hospice and home health key focal points in its strategic outlook. Our hospice business continues to display a solid growth profile with great patient satisfaction,” he said. “We We like home health and hospice a lot.

Hospice 264

Hospice 2024 264

Hospice News

JANUARY 31, 2025

Hospices in 2025 are laser-focused on organic growth rather than other tactics like acquisitions. Among 112 hospice professionals who responded to the 2024 Outlook Survey by Hospice News and Homecare Homebase, 60% said that expanding current locations would be the growth tactic they plan to use the most during 2025.

2025 225

2025 Homecare Assisted living Hospice 225

Hospice News

MARCH 4, 2024

Centers for Medicare & Medicaid Services will end the hospice component of the value-based insurance design model (VBID) as of Dec. Often called the “hospice carve-in,” the program was designed to test coverage of hospice care through Medicare Advantage, in addition to some coverage of palliative care and transitional care.

2024 331

2024 Hospice Demo Medicare 331

Hospice News

DECEMBER 10, 2024

NYSE: EHAB) is projecting strong hospice growth in the next year fueled in part by investments in technology and workforce development. The home health and hospice provider is in part leveraging technology to fuel its plans, Jacobsmeyer said during the Bank of Americas Securities 2024 Home Care Conference. Enhabit Inc.

2025 278

2025 Hospice 2022 Medicare 278

Hospice News

JANUARY 31, 2025

WTWH Healthcare, a WTWH Media company, is proud to announce the Frontline Honors Class of 2024. The post WTWH Healthcare, a WTWH Media Company, Announces the Frontline Honors Class of 2024 appeared first on Hospice News.

2024 189

2024 Healthcare Registered Nurse Palliative care 189

Hospice News

NOVEMBER 5, 2024

The Texas-headquartered personal care, home health and hospice provider is taking a “conservative approach” to its merger and acquisition strategies, said Addus CEO and Chairman Dirk Allison in an earnings call on Thursday. Addus provides personal care, home health and hospice to more than 48,500 patients across 22 states.

Hospice 276

Hospice Homecare Personal care 2024 276

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. We’re very well-poised going into 2024 to start executing on our growth strategy. We did a couple of acquisitions last year.

2024 292

2024 Hospice 2021 Companion care 292

Hospice News

JANUARY 19, 2024

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

2024 278

2024 Hospice Homecare 2023 278

Hospice News

DECEMBER 8, 2023

Hospice providers will be looking to Congress in 2024 to address issues related to program integrity, quality improvement and industry-wide workforce pressures. As legislative efforts develop, hospices may want to focus their attention on a few key legislators.

2024 298

2024 Hospice Palliative care Medicare 298

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 278

2024 Hospice 2022 2021 278

Hospice News

SEPTEMBER 27, 2023

Health plan participation in the hospice component of the value-based insurance design model (VBID) will fall in 2024. For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) will participate in the program’s hospice component, providing coverage through 78 health plans in 19 states. million in 2023.

2024 289

2024 Medicare Hospice 2030 289

Hospice News

JANUARY 11, 2024

Finding the right balance of support and career development for bereavement care professionals is key to recruitment and retention as hospices combat labor strains. The weight of providing bereavement care can take a heavy toll on staff and impact turnover rates, according to Jennifer Kincaid, chief people officer at Hospice of the Piedmont.

Grief 312

Grief 2024 Bereavement Hospice 312

Hospice News

FEBRUARY 26, 2024

Hospice operators in 2024 are navigating a rapidly transforming environment. The prior three years have laid the groundwork for change, particularly in the regulatory space as well as gradual migration towards value-based reimbursement and in tandem, the proliferation of business lines beyond hospice.

2024 290

2024 Hospice 2030 2023 290

Hospice News

JANUARY 10, 2024

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.

2024 290

2024 Hospice Homecare 2022 290

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. Our outlook for 2024 health services deals is cautiously optimistic.

2024 274

2024 Hospice 2023 2021 274

Hospice News

JANUARY 3, 2025

(NASDAQ: PNTG) completed its $80 million acquisition of Signature Healthcare at Homes hospice and home health assets. The company previously completed the purchase of Signatures Idaho and Washington assets on August 1, 2024. The hospice and home health providers annual revenue hovered around $78 million.

2025 264

2025 2024 Healthcare In-home health 264

Hospice News

JUNE 27, 2024

Hospices have been advocating for lawmakers and regulators to take action on curbing fraud, supporting veterans and bolstering the health care workforce. Battling fraud Reports of unethical or illegal practices have surged, particularly among hundreds of newly certified hospices in California, Texas, Nevada and Arizona. Recently Rep.

2024 246

2024 Hospice Palliative care Palliate 246

Hospice News

MARCH 6, 2025

Enhabit opened five new hospice operations during 2024, building on seven that were established during 2022 and 2023. More de novos are likely on the way, a mix of home health and hospice, according to CEO Barbara Jacobsmeyer. Enhabit used income from the prior years de novos to finance the new locations launched in 2024.

2025 179

2025 2024 2022 2023 179

Hospice News

MARCH 3, 2025

Bristol Hospice has unveiled de novos in Arizona, South Carolina, Texas and Washington. The move marks an important period of expansion in states with some of the largest aging populations pushing up demand for hospice. Launched in 2006, Salt Lake City, Utah-headquartered Bristol Hospice provides care across 59 locations in 21 states.

2006 147

2006 Hospice Bereavement 2024 147

Hospice News

NOVEMBER 2, 2023

Greater transparency in staff evaluation processes and increased education will be keys to navigating a range of hospice compliance challenges in a post-pandemic landscape. Transparency around hospice staffing and ownership is a large focus of program integrity efforts among regulators, Piland stated. On Wednesday, the U.S.

2024 263

2024 Hospice Medicare Document 263

Hospice News

OCTOBER 19, 2023

The hospice merger and acquisition (M&A) space has seen an increasingly diverse and growing mix of investors during the last five years. Demographic tailwinds are pushing a wider range of stakeholders into the hospice and palliative care realms.

2024 276

2024 Hospice Palliative care Palliate 276

Hospice News

JANUARY 14, 2025

In April, VITAS acquired Covenant Health and Community Services hospice operations as well as one assisted living facility in an $85 million deal. Covenant provided hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama. VITAS is a subsidiary of Chemed Corp. NYSE: CHE).

Assisted living 264

Assisted living 2025 2024 Healthcare 264

Hospice News

JANUARY 13, 2025

New executives have stepped into c-suite and other roles at some of the nations largest hospice organizations as 2025 kicks off. Johnson will oversee the work of Empaths several foundations Suncoast Hospice Foundation, Tidewell Foundation, Hospice of Marion County Foundation and Trustbridge Hospice Foundation.

Hospice 147

Hospice 2008 2025 2007 147

Hospice News

DECEMBER 13, 2024

Fraud and program integrity concerns dominated the news in 2024, along with large acquisitions, payment rules and regulatory changes. Meanwhile, lawmakers unveiled a bill with some of the most significant reforms proposed to date for hospice payment and oversight. The following are the most-read Hospice News articles of 2024. #1:

2024 240

2024 2025 Hospice Medicare 240

Hospice News

NOVEMBER 17, 2023

This year has brought both tumultuous challenges and evolving opportunities for hospices that will steer hospice leadership during 2024. Hospice News spoke with a group of industry leaders about the most impactful forces that will shape the space in the coming year. Hospice care reduces Medicare expenditures by about $3.5

2024 289

2024 Hospice 2030 Medicare 289