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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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Assisted Living Communities: Podcast with Sheryl Zimmerman, Kenny Lam, and Ken Covinsky

GeriPal

Assisted Living Communities (no longer preferable to call them Assisted Living Facilities, as we learned on the podcast) are…what, exactly? If you’ve seen one Assisted Living Community you’ve seen one Assisted Living Community. . Assisted living, I can’t even say the word.

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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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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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Hospice Care Found Lacking in Assisted Living Setting

Hospice News

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.