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).

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Hospice News

MARCH 4, 2025

Hospices coast-to-coast have undergone leadership transitions, including changes in legal executives and a slew of newly appointed CEOs, among other roles in the industry. Texas-based New Day provides home health, hospice, palliative and personal care services across 31 locations in Illinois, Kansas, Missouri and in its home state.

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Hospice News

FEBRUARY 28, 2025

Carol Miller (R-West Virginia) and Jared Golden (D-Maine) have reintroduced the Hospice Recertification Flexibility Act. If enacted, the bill would allow hospices to conduct face-to-face recertification visits via telehealth. Hospice care exists to provide comfort and compassion during heartbreaking times.

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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.

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Hospice News

MAY 2, 2025

Blue Ridge Hospice is rebranding under the name Blue Ridge Care to signify its expanded mission and scope of services. This includes Blue Ridges hospice and palliative care programs, its Center for Hope & Healing bereavement center and its subsidiary Blue Ridge Independence at Home Program of All-Inclusive Care for the Elderly (PACE).

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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.

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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.

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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%

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Hospice News

APRIL 28, 2025

Department of Health & Human Services (HHS) Office of Inspector General (OIG) is readying to unveil a new report that will unveil common billing trends among potentially fraudulent newly licensed hospices. It will examine potential red flags of fraud, waste and abuse among newly enrolled Medicare hospice providers claims data.

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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.

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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.

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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%

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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.

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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.

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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.

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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.

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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.

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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

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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.

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Hospice News

APRIL 11, 2025

Many hospices in 2025 are driving to expand in the senior housing and assisted living space. Many seniors are looking to assisted or senior living facilities as they age, Susan Ponder Stansel, CEO of Florida-based Alivia Care, said at the Hospice News ELEVATE conference in Orlando, Florida. To me, that’s a great opportunity.

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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.

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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

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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.

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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.

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Hospice News

MARCH 14, 2025

Rising demand for end-of-life care is pushing hospice growth opportunities to the forefront in value-based reimbursement. More payers in this arena are increasingly recognizing the depth of potential beneficial outcomes when it comes to collaborative hospice partnerships. National hospice utilization rates reached 49.1%

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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.

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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.

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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.

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Hospice News

MAY 9, 2025

to a strong quarter for its hospice segment in early 2025. With shortfalls in its home health business, hospice is a prime growth driver for Enhabit. The companys hospice ADC rose 12.3% year over year to 3,809, up from 3,391 in Q1 2024. Enhabits ADC has grown sequentially in every month since January 2024.

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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.

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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.

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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.

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Hospice News

APRIL 28, 2025

Vitas Healthcares 2024 purchase of Covenant Health and Community Services is helping to drive the companys growth. The transaction included Covenants hospice assets and marked an important milestone for VITAS, including its entry into the assisted living space and in the Alabama market while expanding its geographic footprint across Florida.

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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.

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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:

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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.

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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).

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