Hospice News

DECEMBER 2, 2024

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.

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Hospice News

MAY 28, 2024

Honing clinical scheduling and onboarding models is key to sustaining the hospice nurse workforce as demand for these clinicians rises and wages lag compared to those in other settings. Building sustainable models Effective and empathetic communication is among the key skills for hospice nurses to possess, White indicated.

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Hospice News

DECEMBER 18, 2024

Hospice investment trends took myriad routes this year, seeing a few common threads occurring among nonprofit and for-profit entities that hint at where the market may be heading. The scope of hospice deals in 2024 encompassed joint ventures and collaborative affiliations in addition to acquisitions.

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Hospice News

JULY 12, 2022

More hospice and palliative care providers are pursuing joint ventures with hospitals and health systems. Joint ventures offer unique advantages compared to traditional referral streams, according to Aaron Stein, COO of Contessa Health, a subsidiary of Amedisys (NASDAQ: AMED). Value-based risks and staffing opportunities.

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Hospice News

NOVEMBER 9, 2023

Though hospice is a smaller segment for Aveanna Healthcare Holdings Inc. Aveanna’s home health and hospice segment has had mixed results thus far this year, but saw recent improvement, along with its other service lines, last quarter. It provides home health, hospice, private duty and personal care.

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Hospice News

NOVEMBER 1, 2023

NASDAQ: PNTG) has acquired Guardian Hospice and Guardian Hospice of Oklahoma for an undisclosed amount. Guardian Hospice of Oklahoma received Medicare certification in 2015 and has since grown its presence in the state and across Texas. About 143,284 Medicare decedents utilized hospice in Texas in 2021, according to the U.S.

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Hospice News

NOVEMBER 7, 2024

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.

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AT Home Care & Hospice

FEBRUARY 23, 2023

Social Workers: The Glue of Home Healthcare Social work is a sector within the world of healthcare that is aimed at meeting the basic needs of individuals, families, and communities. Social workers provide support and act as advocates for patients who are working through psychological, health, family, and financial struggles.

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Hospice News

DECEMBER 12, 2022

Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. This was Humana Inc.’s

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Hospice News

MAY 8, 2024

NASDAQ: AMED) has agreed to divest upwards of 100 home health and hospice locations to an undisclosed private equity buyer as the company addresses regulators’ antitrust concerns in its pending acquisition by the UnitedHealth Group’s (UNH) health care services arm Optum. Optum Health currently serves more than 4.1

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Hospice News

SEPTEMBER 19, 2022

While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. Hospice market to stay mighty.

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Hospice News

JUNE 23, 2023

Amid persistent workforce shortages, sign-on and employee referral bonuses, as well as enhanced benefits, are bearing the most fruit for hospice providers. Filling gaps in the hospice workforce has come with hefty financial costs for some providers, but sustainable capacity is a large part of the return on investment.

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Hospice News

JANUARY 3, 2023

Today’s health care environment is flooded with data, but hospice leaders should include three types of indicators in mind as they assess their performance. Numbers like costs-per-day, payer-specific margins, and measures of community support can paint a picture of an organization’s position, executives told Hospice News.

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Hospice News

AUGUST 8, 2023

Hospices seeking to gauge the potential impact of new regulatory actions in the space can look to their counterparts in the home health field. We then started seeing the greater degree of impact,” Dombi told Hospice News. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit.

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Adobe Hospice & Home Health

AUGUST 3, 2024

Ensuring Safety in Home Health & Hospice Care: A Commitment to Excellence The importance of safety in the workplace for healthcare providers cannot be overstated.

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Hospice News

FEBRUARY 21, 2023

Currently, nine of the company’s locations are hospices, with more expected in the coming years. Hospice is a smaller part of what we have today, but we’re excited to make that a bigger part and bring hospice into our other operating states. My roots are in home care. NYSE: EHAB). We’ll definitely see expansion.

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Hospice News

NOVEMBER 17, 2023

This year has brought both tumultuous challenges and evolving opportunities for hospices that will steer hospice leadership during 2024. Hospice News spoke with a group of industry leaders about the most impactful forces that will shape the space in the coming year. CEOs and other hospice executives also noted emerging themes.

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Hospice News

JULY 3, 2023

Some hospice owners have been selling their businesses soon after securing a license. The practice appears to stem from a rash of newly licensed hospices that have emerged in California, Nevada, Texas and Arizona. Centers for Medicare & Medicaid Services (CMS) to strengthen program integrity for the Medicare Hospice Benefit. “I

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Hospice News

NOVEMBER 18, 2022

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. When you look at who provides home health and hospice, you have a lot of providers that do both.

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Hospice News

AUGUST 4, 2022

Like many providers, LHC Group (NASDAQ: LHCG) is feeling the brunt of labor pressures bearing down on patient volumes and revenue, with blows hitting its home health segment harder than hospice. Louisiana-based home health and hospice provider LHC Group was no exception. Labor challenges led to a 4.3%

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Adobe Hospice & Home Health

FEBRUARY 23, 2023

Social Workers: The Glue of Home Healthcare Social work is a sector within the world of healthcare that is aimed at meeting the basic needs of individuals, families, and communities. Social workers provide support and act as advocates for patients who are working through psychological, health, family, and financial struggles.

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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AT Home Care & Hospice

AUGUST 3, 2024

Ensuring Safety in Home Health & Hospice Care: A Commitment to Excellence The importance of safety in the workplace for healthcare providers cannot be overstated.

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Hospice News

MAY 9, 2024

Aveanna Healthcare Holdings Inc. NASDAQ: AVAH) is focused on growth in its private duty and home health businesses in 2024, particularly through value-based contracts. In a Q1 earnings call today, the company had no word on how these efforts could impact its hospice business or their plans to grow those services.

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Hospice News

MAY 8, 2023

Kaishauna Guidry, a former teacher turned hospice physician, continues to leverage her background in education to help terminally ill patients find the care they need. Few businesses have to work as hard as hospices to dispel myths and misconceptions about their practices. G at the Heart of Healthcare.” G’s H.O.S.P.I.C.E

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Hospice News

MARCH 15, 2023

s (NYSE: EHAB) hospice growth plans. Labor has been a big “swing factor” in Enhabit’s ability to sustain and grow its services, particularly on the hospice side, CEO Barbara Jacobsmeyer recently indicated. Enhabit operates roughly 100 hospice locations and around 252 home health locations in 34 states.

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Hospice News

JUNE 8, 2023

s (NYSE: EHAB) M&A journey has narrowed towards hospice, diverting less in home health’s direction. Reimbursement uncertainties, shrinking pools of available assets, and rising valuations in the home health space are forces steering the company’s sights towards hospice, according to Enhabit executives.

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Hospice News

MAY 5, 2023

As The Pennant Group (NASDAQ: PNTG) searches out more hospice and home health assets, the company is focusing heavily on developing its next generation of leaders. Pennant has its sights on multiple potential transactions across its hospice, home health and senior living business lines. million in Q1 2022.

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Hospice News

NOVEMBER 1, 2022

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.

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Hospice News

NOVEMBER 10, 2022

Aveanna Healthcare Holdings, Inc.’s s (NASDAQ: AVAH) hospice and home health segments saw small jumps in the third quarter, but these lagged behind the company’s growth targets. Its services include home health, hospice, private duty services and personal care. rise from $411.3

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Hospice News

AUGUST 10, 2023

It wasn’t too long ago when Aveanna Healthcare Holdings Inc. NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations. When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We

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Hospice News

MAY 10, 2023

As Addus HomeCare Corporation (NASDAQ: ADUS) sinks teeth into acquisitions, the company will be taking smaller bites when it comes to hospice deals. Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority.

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Hospice News

SEPTEMBER 7, 2023

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. Drake Jarman, senior vice president of growth of hospice at Amedisys Inc. Advocating for a comprehensive approach to hospice care.

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Hospice News

OCTOBER 31, 2022

Expansion across the care continuum is a key to sustainable growth for hospices, according to executives from some of the industry’s largest companies. The hospice industry has been ripe for growth in recent years, plucking the interest of investors from all walks. NASDAQ: LHCG) and Chemed Corporation’s (NYSE: CHEM) VITAS Healthcare.

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Hospice News

SEPTEMBER 18, 2024

Pennant is the holding company for a cluster of independent hospice, home health and senior living providers located across 13 states. Pennant is an enigma in the health care system, because it’s not a top-down-driven company. Our vision is to focus on completing the health care continuum and in the home space.

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Hospice News

MAY 17, 2022

For the exhausted health care labor force — many of whom have left the industry — money talks. Aveanna Healthcare Holdings (NASDAQ: AVAH) recently conducted an analysis of workforce trends that suggested that higher compensation may be the most important consideration for prospective employees, particularly in light of rising inflation. “We’ve

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Hospice News

JUNE 12, 2023

Are we seeing any wage growth relief for home health and hospice? No, wage growth for home health and hospice remains at an unprecedented level, significantly higher than what we are seeing in other industries. Why is wage growth so much higher for home-based care? How long will it continue?

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