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Offering hospice can be a gamechanger for skilled nursing and assistedliving operators looking to stand out from competitors and improve patient reach. Home-based care, including hospice, has become an increasingly attractive space for facility-based health care providers of all walks. Among the 1.6 Among the 1.6
The nation’s publicly traded hospicecompanies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Case in point, VITAS Healthcare, a subsidiary of Chemed Corp.
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The fledgling company pledges to offer patients a suite of wraparound services, including for the terminally ill, to support quality of life and aging in place. Its parent organization also operates senior living, pharmacy, development, independent living, personal care, assistedliving and memory care businesses, among others. “We
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He really wanted to create an environment in a place that he felt was suitable for his own mother, and so he had purchased an assistedliving facility. My father was a little older at the time, and he did eventually go down the path of wanting to start a home health company, and then I had joined him in that endeavor.
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