Hospice News

FEBRUARY 20, 2024

Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospice company, Marion indicated. 2024 Hospice News Outlook Survey and Report. NYSE: EHAB). Created in partnership with Homecare Homebase.

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Hospice News

MARCH 18, 2025

When considering transactions, the company seeks out often struggling companies in its existing or expanded markets that earn between $3 million and $10 million in revenue and sell at a multiple of 5x to 8x for hospice companies. Not only that, but we actually performed some really significant acquisitions in 2024.

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Hospice News

JUNE 28, 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions. VitalCaring was formed in July 2021, when the private equity firms The Vistria Group and Nautic Partners began acquiring home health and hospice agencies throughout the South and Southeast. Financial terms were undisclosed.

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Hospice News

JUNE 21, 2023

With wages, salaries and associated costs rising nationwide , hospices are straining under the weight. base rate increase for 2024 is inadequate to support their needs. Referral rejection rates among hospices reached a record high of 41% last year, according to data from CarePort, a WellSky company.

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Hospice News

APRIL 16, 2024

During the past two years, the insurance giant has completed a slew of acquisitions spanning much of the health care continuum — including hospice, palliative care and home health — as well as health care technology, largely through its subsidiary Optum. This followed its $5.4 billion acquisition of LHC Group, which closed last February.

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Hospice News

JULY 3, 2023

A number of companies advertise their licenses on websites designed to connect buyers and sellers across a range of industries, including hospices. On two of these sites combined, close to 200 hospice companies had posted about licenses for sale, with most asking for prices in the vicinity of $300,000 to $350,000.

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Hospice News

NOVEMBER 8, 2023

(NYSE: EHAB) is continuing to mull over a potential sale, with executives providing few details as the company determines its next steps. The Dallas-based home health and hospice company has been digging into a strategic review process since August that could result in a possible sale or merger of some or all of its assets. “As

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Hospice News

JANUARY 26, 2024

Rebranding a hospice company following a merger or acquisition is a more complex process than it may seem at first blush. While consolidation slowed in 2023, many industry observers expect a rebound in 2024, though perhaps not to the record-breaking levels seen in 2021.

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Hospice News

MARCH 29, 2024

“More and more people are being served by hospice every year, and CMS needs to recognize the dynamic value the benefit provides – not only from the improved quality of life hospices provide, but also from the huge financial savings to Medicare that utilization of the hospice benefit drives.”

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Hospice News

MAY 7, 2025

The companys home health and hospice segment accounted for $159.9 increase from the first quarter of 2024. Pennants average daily hospice census rose 28.1% Also on the M&A front, the home health and hospice company Amedisys Inc., The Pennant Groups total revenue for Q1 reached $209.8 million, up 33.7%

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Hospice News

OCTOBER 3, 2024

A number of companies advertise their licenses on websites designed to connect buyers and sellers across a range of industries, including hospices. Many of the characteristics of the hospices for sale on these sites fit the profile of those providers who are committing fraud, waste and abuse.

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Hospice News

OCTOBER 4, 2024

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. Tej Dhillon, founder and CEO of Seva Hospice, has been named a 2024 Future Leader by Hospice News. I knew of the benefit.

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Hospice News

JANUARY 3, 2025

From a business perspective, this means hospice companies will have to rise to meet burgeoning demand and staff shortages and financial headwinds, including reimbursement that hasnt kept pace with inflation rates. The hospice M&A market hit a slump in 2023 and 2024 due to a range of factors.

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Hospice News

DECEMBER 17, 2024

Also, reports on publicly traded hospice companies indicated generally strong financial performance through the third quarter of 2024 , Neuman said. Financial analysts report the hospice sector continues to be viewed favorably by investors. Overall access to capital remains positive.

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Hospice News

OCTOBER 10, 2023

My hope is that as we move forward with our hospice future, we can make true, billable programs that are sustainable and economical for all sized companies with palliative care, home health and hospice eligibility guidelines that allow for diagnosis to be eligible for longer than six months.

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Hospice News

JUNE 22, 2023

billion acquisition of the home health and hospice company LHC Group. While this in itself is not proof of malfeasance, reports have circulated about hospitals (beyond HCA) urging hospices to accept patients who are on the verge of death in order to reduce inpatient mortality rates. Optum subsequently made a bid on Amedisys Inc.

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