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

Hospice News

Addus HomeCare Corporation (Nasdaq: ADUS) may slow down on mergers and acquisitions in the near term as it absorbs Gentiva’s personal care business. Addus has pulled back on deals while the company awaits the close of its recent purchase of Gentiva’s personal care segment, set to complete in the fourth quarter, Allison indicated.

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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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New Day Healthcare Acquires Christian Senior Care Services

Hospice News

The deal, New Days 13th to date, expands the companys personal care services division into five additional counties in the Houston metro area. This transaction significantly expands our personal care services footprint in the nation’s fourth largest metropolitan statistical area, G. Census Bureau.

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Addus Orients M&A Strategy Away From Hospice, Towards Home Health, Personal Care

Hospice News

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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How Home Health, Personal Care Reimbursement Guiding Addus’ M&A Strategy

Hospice News

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.