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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. Texas-based New Day provides home health, hospice, palliative and personal care services across 31 locations in Illinois, Kansas, Missouri and in its home state.

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Amedisys Sees Hospice Admissions Dip Despite Revenue Growth

Hospice News

s (Nasdaq: AMED) hospice segment has seen headwinds impact admissions growth as the company awaits its pending acquisition by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. The company’s hospice segment revenue reached $207.9 Gross margin for the hospice segment fell slightly to 42.9% Amedisys Inc.’s year-over-year.

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

Hospice News

That capital access will support the company’s acquisition pipeline in home health, hospice and personal care. Hospice is a cornerstone of New Day’s strategic focus. To date, the company has integrated 11 acquisitions into its pipeline, four of which have involved hospice assets. Scott Herman.

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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% Scott Herman.

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Addus Taking ‘Conservative’ Approach to Hospice, Home Health M&A

Hospice News

The Texas-headquartered personal care, home health and hospice provider is taking a “conservative approach” to its merger and acquisition strategies, said Addus CEO and Chairman Dirk Allison in an earnings call on Thursday. Addus provides personal care, home health and hospice to more than 48,500 patients across 22 states.

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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.

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New Day Healthcare Acquires Christian Senior Care Services

Hospice News

Scott Herman, CEO of New Day Healthcare, told Hospice News in an email. Having expanded PCS services in Houston allows us to engage a full home care continuum, furthering our longitudinal care strategy. Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas. Census Bureau.