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For now, expanding its “bread and butter” homehealth and hospice business takes priority, according to Anthony, but VitalCaring will likely consider additional service lines as the years progress — including palliative care. We’ll definitely see expansion. Palliative care is a great example.
In her new role, Domico will oversee regional field support teams, as well as the company’s Clinical Quality, Operations Excellence and Growth & Development divisions. The parent company also operates the United Kingdom-based home care company Bluebird Care and the Australia-based Just Better Care.
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). Hospice joint ventures proliferating.
A number of companies advertise their licenses on websites designed to connect buyers and sellers across a range of industries, including hospices. On two of these sites combined, close to 200 hospicecompanies had posted about licenses for sale, with most asking for prices in the vicinity of $300,000 to $350,000.
A group of former hospice and homehealth leaders have gone all-in on Programs for All-Inclusive Care of the Elderly (PACE) with the launch of an emerging company. Why is PACE an attractive model for homehealth and hospicecompanies? Of course, homehealth and hospice are part of that.
When I took the reins over the business, I had always wanted to get into hospice care from personal experiences. We know people who have gone through hospice care. So in 2019 I launched a hospicecompany, which became Seva Hospice. It’s turned me into a huge advocate for hospice.
While taking classes towards a master’s degree in nursing, Bash ended up in a sales role with a local homehealth and hospicecompany. This career move led to a passion for working with the elderly and continuing a career in homehealth care.
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