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VITAS Eyeing Expansion in 12 States

Hospice News

Historically, VITAS Healthcare has relied heavily on organic growth, a strategy the company is not turning away from. In April, VITAS acquired Covenant Health and Community Services hospice operations as well as one assisted living facility in an $85 million deal. However, it may add more acquisitions to the mix. NYSE: CHE).

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Covenant Care Deal a Growth Engine for VITAS

Hospice News

VITAS Healthcare’s acquisition of Covenant Health and Community Services hospice business has emerged as a growth engine for the company. In April, VITAS acquired Covenant’s hospice operations as well as one assisted living facility in an $85 million deal. Covenant Health contributed close to $11 million to VITAS’ $391.4

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Covenant Health Transaction a Growth Engine for VITAS

Hospice News

Vitas Healthcares 2024 purchase of Covenant Health and Community Services is helping to drive the companys growth. VITAS acquired Covenant last year for $85 million.

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Residential Home Health and Hospice Expands Via Tutera Senior Living Partnership

Hospice News

“By expanding the partnership with Residential, we increase access to care and are better able to meet the healthcare needs of our community.” The company is a division of Graham Healthcare Group, a subsidiary of Graham Holdings Company (NYSE: GHC). The transaction expanded Residential’s presence in four Illinois counties.

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VITAS Seeking Large Acquisitions in Hospice CON States

Hospice News

As it considers potential acquisitions, VITAS Healthcare is focused on large assets in certificate of need (CON) states. In April, VITAS acquired Covenant Health and Community Services’ hospice operations as well as one assisted living facility in an $85 million deal. “We VITAS is a subsidiary of Chemed Corp. NYSE: CHE).

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VITAS’ ‘Powerhouse’ Growth in Hospice Hitting ‘All-Time Highs’

Hospice News

Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The transaction included Covenant’s 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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Integrating Social Determinants Into Palliative Care

Hospice News

In addition to palliative and hospice care, the health system provides hospital-based and outpatient rehabilitation, skilled nursing, assisted living and home health care. Catholic Hospice and Catholic Palliative Care Services is part of the Florida-based Catholic Health Services of the Archdiocese of Miami.