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The Pennant Group Sees Less Competition for Hospice, Home Health Acquisition Targets

Hospice News

When considering transactions, the company seeks out often struggling companies in its existing or expanded markets that earn between $3 million and $10 million in revenue and sell at a multiple of 5x to 8x for hospice companies. The company also completed some senior living transactions. million, up 28.9%

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Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. The following are the most-read Hospice News articles of 2022. #1 During late 2021 and 2022, the U.S.

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Most hospices are sliding into 2023 between a rock and a hard place, beset by headwinds, labor shortages and questions with no easy answers. Government oversight of hospice providers will tighten during 2023. Hospices have faced ever-intensifying scrutiny from regulators in recent years. Be ready for regulation.

2023 291
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Silverstone Hospice’s Pathway to 700% Growth During a Pandemic

Hospice News

Since the company launched in 2020, Founder and CEO Alfonso Montiel had days when he feared Texas-based Silverstone Hospice would not survive. Silverstone came on the scene after Montiel’s purchase and rebranding of Comfort Care Hospice in the Dallas-Fort Worth region. Montiel came to hospice through a circuitous route.

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CMS 2025 Proposed Rule Signals Changes to Quality Measurement, Omits Program Integrity Actions

Hospice News

The 2025 proposed hospice rule is raising some questions along with payment rates. increase in hospice per diems for 2025. The agency also proposed two new quality measures and 2025 implementation of the Hospice Outcome and Patient Evaluation (HOPE) assessment tool to replace the Hospice Item Set.

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Regulatory Pressures Contributing to M&A Slump

Hospice News

Regulatory challenges have contributed to the hospice sector’s current M&A slump, but this year’s volume nevertheless aligns with experts’ forecasts. This year will be the second consecutive year-over-year decline in hospice activity. You have to go back six years to get an idea of average annual activity. billion.

2023 246
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Future Leaders: Tej Dhillon, Founder and CEO, Seva Hospice

Hospice News

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. Tej Dhillon, founder and CEO of Seva Hospice, has been named a 2024 Future Leader by Hospice News. I wasn’t in the health care field.

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