Hospice News
JANUARY 14, 2025
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).
Hospice News
OCTOBER 30, 2024
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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Hospice News
DECEMBER 4, 2024
“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.
Hospice News
NOVEMBER 13, 2024
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).
Hospice News
FEBRUARY 27, 2025
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.
Hospice News
APRIL 16, 2025
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.
Hospice News
APRIL 22, 2024
Hospices that see higher numbers of patients in assisted living facilities tend to have lower quality scores than other providers, research has found. The findings point to possibly growing gaps of unmet needs among hospice patients in assisted living (AL) settings, according to the researchers.
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