article thumbnail

Addus to Acquire Gentiva’s Personal Care Business in $350M Deal

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Gentiva’s personal care business for about $350 million. Gentiva’s personal care segment brings in annual revenues of close to $280.0 The sale to Addus expected to close following customary regulatory approvals. “A

article thumbnail

The Senior Living Opportunity for Hospices

Hospice News

Its parent organization also operates senior living, pharmacy, development, independent living, personal care, assisted living and memory care businesses, among others. It’s definitely very feasible versus going from home to home.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hospices to ‘Optimize’ Telehealth Amid Regulatory Uncertainties

Hospice News

Several studies have found that telehealth utilization among serious and terminally ill patient populations has been linked to improved care transitions , more effective in-person care delivery and coordination and greater caregiver support and better clinical capacity.

Hospice 147
article thumbnail

Addus Execs: Big Deals Bubbling Up in 2025, But ‘Conservative Approach’ Needed

Hospice News

Addus HomeCare Corporations (Nasdaq: ADUS) purchase of Gentivas personal care segment is bearing fruit as the company drives forward on its acquisition strategy in 2025. Propellants of growth Addus provides home care services to roughly 61,500 individuals across 257 locations in 23 states. million in the Q4 of 2024, a 7.5%

2025 130
article thumbnail

How Hospice Valuations Are Shaping Up in 2024

Hospice News

Buyers and sellers] are definitely coming closer. Hospices generally still command higher valuations than other providers in the home-based care market, such as traditional home health or personal care, Kevin Palamara, managing director at Provident, indicated.

2024 278
article thumbnail

NAHC, NHPCO Name Transition Board to Guide 2024 Merger

Hospice News

The transition board includes equal representation from NAHC and NHPCO, including directors who hail from the home health, hospice, palliative care, personal care services, home care, and private duty realms. The board also includes business partners, representatives from state associations and at-large members.

2024 289
article thumbnail

Queen City Hospice Expands in Rural Ohio with New Office

Hospice News

If we can’t change the outcome, we can definitely change the journey. The new office will be home base for Queen City staff who provide care in the Brown County region and surrounding areas. Demographics are driving up a need for serious illness and end-of-life care in Ohio.

Homecare 246