Remove Healthcare Remove Hospice Remove In-home health
article thumbnail

New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

Texas-based New Day Healthcare LLC has announced its acquisition of Good Samaritan Society’s hospice operations in its home state. The transaction includes Good Samaritans hospice assets in El Paso, Texas, expanding New Days existing presence in that market. Hospice utilization rates hovered at 49.1%

article thumbnail

Leadership Transitions at 4 Hospice Providers

Hospice News

Hospices coast-to-coast have undergone leadership transitions, including changes in legal executives and a slew of newly appointed CEOs, among other roles in the industry. New Day Healthcare LLC announced that Dombi recently joined its board of advisors. Scott Herman said in a statement shared with Hospice News.

Hospice 276
professionals

Sign Up for our Newsletter

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

article thumbnail

New Day Healthcare Acquires Christian Senior Care Services

Hospice News

New Day Healthcare has acquired the home-based care company Christian Senior Care Services in Houston for an undisclosed sum. Scott Herman, CEO of New Day Healthcare, told Hospice News in an email. Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas.

article thumbnail

New Day Secures $125M Investment Seed to Fuel Hospice, Home Health Growth

Hospice News

New Day Healthcare LLC recently secured a $125 million senior credit facility with First Citizens Bank. That capital access will support the company’s acquisition pipeline in home health, hospice and personal care. New Day Healthcare is majority owned by the private equity firm Kaltroco. Scott Herman.

Hospice 277
article thumbnail

Aveanna Revs Hospice, Home Health M&A Engine

Hospice News

Aveanna Healthcare Holdings (Nasdaq: AVAH) is ramping up its merger and acquisition activity in the home health and hospice space heading into next year. The Atlanta-headquartered company has set its strategic sights on both private duty nursing and hospice and home health, according to Aveanna CEO Jeff Shaner.

Hospice 272
article thumbnail

The Pennant Group Closes $80M Signature Acquisition

Hospice News

NASDAQ: PNTG) completed its $80 million acquisition of Signature Healthcare at Homes hospice and home health assets. This is a substantial purchase that allows us to serve multiple new markets across Oregon and cements Pennant as one of the leading providers of home health and hospice in the Pacific Northwest.

2024 264
article thumbnail

Aveanna ‘Bullish’ on Hospice, Home Health Growth Despite 2024 Shortfall

Hospice News

Aveanna Healthcare Holdings (Nasdaq: AVAH) is putting home health and hospice at the forefront of its growth sights in 2025 through a mix of strategic approaches. Aveanna has seen consecutive periods of growth in its home health and hospice business line. Its revenue reached $519.9

2024 204