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Tutera Senior Living & Health Care and Residential Home Health and Hospice have expanded their existing partnership to offer hospice care in the Kansas City, Missouri, region. This latest move adds hospice to the mix. The two organizations expanded their partnership last year to include palliative care.
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.
Senior living and health care services operator The Dover Companies has launched a home health and hospice business branded as Dover Health. 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.
Labor shortages and other headwinds have battered hospices during 2022, including large companies. During Q3 in particular, several companies also saw the need to increase utilization of contract labor or reduce the number of patients served as a rising number of employees took time off to regroup. The company saw a 10.6%
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 wasn’t in the health care field.
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
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