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Stillwater Hospice CFO: A Winning Recipe for Improving Rural Hospice Care

Hospice News

Montana-headquartered Stillwater Hospice has found a successful rhythm to strategic rural-based growth and sustainability. Launched in 2017, the hospice company serves predominantly rural-based populations in Montana, northern Wyoming and South Dakota. If youre a rural hospice, you may have higher reimbursement needs.

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Publicly Traded Hospice Companies Poised for Deals

Hospice News

The nation’s publicly traded hospice companies 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.

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How 3 Hospice Companies Are Beating the Workforce Shortage

Hospice News

hospice providers have the same problem — a workforce shortage — many seek to address it using unique solutions. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. Hospices, in turn, have taken new steps to gain or keep their staff, particularly clinicians. Though most U.S.

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The Fastest Growing US Hospice Companies

Hospice News

Five hospice providers made Inc. magazine’s annual list of the 5,000 fastest-growing companies in the United States. . They include Texas-headquartered Traditions Health, Bridge Home Health & Hospice and Healthflex Home Health & Hospice, both in California. Bridge Home Health & Hospice crossing state lines.

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Care Synergy Forms DME Joint Venture with RCC Medical Equipment

Hospice News

The Colorado-based hospice provider collaborative Care Synergy has formed a joint venture with RCC Medical Equipment Co. Care Synergy emerged in 2021 as a regional collaborative of hospice companies. Care Synergy emerged in 2021 as a regional collaborative of hospice companies.

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Hospices Boost Retention by Understanding Employees’ Priorities

Hospice News

Hospices are unearthing new opportunities in the world of clinical workforce retention by taking a deeper examination of workers competing priorities. The pandemic took a tremendous toll on their nursing workforce, according to Cooper Linton, associate vice president of North Carolina-based Duke HomeCare and Hospice.

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As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

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%