Hospice News

JANUARY 31, 2025

Hospices see improved quality and operational efficiency as their biggest return on technology investments in three key areas. Keeping pace with the evolving technology landscape can be pivotal for hospices sustainability as rising demand pressurizes workforces, Pathek indicated. AccentCare, Agape Care Group and St.

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Hospice News

DECEMBER 17, 2024

These evolving regulations have hospices concerned that a lack of virtual access to their services could have significant impacts on quality and health disparities. Weve inherited a kind of accelerated movement toward a new normal during the pandemic, Fratkin told Hospice News.

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Hospice News

JANUARY 31, 2025

Hospices in 2025 are laser-focused on organic growth rather than other tactics like acquisitions. Among 112 hospice professionals who responded to the 2024 Outlook Survey by Hospice News and Homecare Homebase, 60% said that expanding current locations would be the growth tactic they plan to use the most during 2025.

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Hospice News

NOVEMBER 11, 2024

Texas-based New Day Healthcare LLC on Monday announced its acquisition of Intrepid USA’s hospice operations in Missouri and in its home state. The deal includes Intrepid’s hospice assets in Joplin and Springfield, Missouri, as well as its locations in Beaumont, Texas. Hospice utilization rates hovered at 49.1% Census Bureau.

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Hospice News

JUNE 10, 2024

Addus HomeCare Corporation (NASDAQ: ADUS) has entered into a definitive agreement to acquire Gentiva’s personal care business for about $350 million. Gentiva’s personal care segment brings in annual revenues of close to $280.0 Gentiva is a portfolio company of the private equity firm Clayton, Dubilier & Rice (CDR).

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Hospice News

JUNE 8, 2022

Hospice operators have relied on contract nursing to stay afloat during a time of worsening labor pressures, elevated turnover and rising demand for care. Competition with travel nursing firms has been among the drivers of wage increases for hospice companies. The hospice segment brought in $47.7 in Q1 to $226.6

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Hospice News

NOVEMBER 1, 2022

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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Hospice News

FEBRUARY 20, 2025

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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Hospice News

JUNE 7, 2024

Researchers found that early palliative care via telehealth often improves quality of life for patients with advanced non–small cell lung cancer (NSCLC) at a level equivalent to in-person care, according to a study presented at the 2024 American Society of Clinical Oncology (ASCO) annual meeting.

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Hospice News

MAY 2, 2023

Addus HomeCare Corporation’s (NASDAQ: ADUS) hospice segment is seeing slow but steady improvement as pandemic headwinds ease. Meanwhile, the company’s near-term acquisition sights are set more on home health than in personal care amid potential payment shifts. We believe that hospice volumes will continue to steadily improve.”

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Hospice News

MAY 10, 2023

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.

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Hospice News

DECEMBER 5, 2024

Anthony House Announces New Hospice Facility New York-based Anthony House is winding down fundraising efforts to support the opening of a new inpatient hospice facility. The hospice provider aims to improve access for patients and their families by launching the new center, which will be located in Oswego County, New York.

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Hospice News

NOVEMBER 20, 2024

New Day Healthcare LLC is prioritizing hospice growth in its strategic plans as the home-based care company focuses on improving quality for patients across the care continuum. Texas-based New Day launched in 2020 by a group of former hospice and home health professionals. Hospice], is a tough industry.

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Hospice News

MARCH 12, 2025

Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas. Hospice utilization among Medicare decedents 52.23% in Texas in 2022, reported the National Alliance for Care at Home. Hospice utilization rates hovered at 49.1% Hospice utilization rates hovered at 49.1%

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Hospice News

AUGUST 6, 2024

Strategic priorities for Texas-headquartered Addus HomeCare Corporation (NASDAQ: ADUS) continue to focus on personal care and home health and less on hospice as the company waits for the dust to settle following its Gentiva personal care acquisition. Addus offers personal care, hospice and home health.

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Hospice News

NOVEMBER 7, 2024

In today’s hospice environment, providers are continually asked to do more with less. The Impact of AI on Hospice Operations AI’s impact on hospice care is accelerating, primarily due to its capacity to streamline processes and reduce the administrative workload for staff. Enter artificial intelligence (AI).

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Hospice News

FEBRUARY 12, 2025

Researchers have increasingly dug into the quality impacts of virtual palliative care delivery and how telehealth outcomes compare to in-person care. We need an in-person presence even if were doing video visits. We need to be here at the table.

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Hospice News

FEBRUARY 23, 2024

Rising wages, reimbursement pressures and immigration policies are fueling high turnover rates for hospice and personal care aides. It is rare to find individuals who perceive personal care as a career choice, or path. We were able to not just grow [but also] strengthen this workforce,” Klein told Hospice News.

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Hospice News

JANUARY 8, 2024

The home health and hospice provider New Day Healthcare has acquired Texas-based Compassion Hospice for an undisclosed amount. The company’s nearly 6,500 employees serve close to 100,000 patients annually across all of its business lines, including home health, hospice, pediatrics, clinical decision support and personal care.

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Hospice News

AUGUST 12, 2024

Blue Ridge Hospice is launching its first Program of All-Inclusive Care for the Elderly (PACE) program, which will begin accepting participants on Sept. The launch reflects a longstanding trend of hospices diversifying their services to include upstream care, an area in which PACE programs are gaining ground.

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Hospice News

JUNE 6, 2024

Louis-based Dover Health has expanded into the Chicago region with the purchase of Centered Care Hospice and Palliative Care and Cornerstone Home Health. Dover Health is a subsidiary of the senior living and health care services operator The Dover Companies, which launched the home health and hospice business in March.

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Hospice News

JUNE 12, 2024

has acquired Noble Hospice and Palliative Care for an undisclosed amount. Northrim is in the process of building out its home-based care platform, with Phoenix-headquartered Noble becoming its first hospice acquisition. We are big believers that the best long-term care meets patients where they are.” Census Bureau.

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Hospice News

OCTOBER 18, 2024

The Indiana Association for Home & Hospice Care (IAHHC) has unveiled a new employee support program designed to help with retention of much needed workforce resources in end-of-life care. Connect program was in part driven by increasing recognition of the perils of staff burnout and turnover in home health and hospice.

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Hospice News

JUNE 19, 2024

Silverstone came on the scene in 2020 as a standalone hospice after CEO Alfonso Montiel’s purchase and rebranding of Comfort Care Hospice in the Dallas-Fort Worth region. Since then, the company has built a palliative care service and is developing a personal care business.

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Hospice News

MAY 24, 2024

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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Hospice News

APRIL 23, 2024

A group of Wisconsin-based organizations, including hospices, are working to improve end-of-life care among homeless populations. Individuals who elect to receive hospice at the facility will receive care from local providers. It’s] identifying the different populations and care gaps that exist. Solace Friends Inc.

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Hospice News

DECEMBER 13, 2023

VITAS Healthcare Expands Hospital-Based Inpatient Hospice Center Chemed Corp. NYSE: CHE) VITAS Healthcare recently expanded its inpatient hospice care unit at the Florida-based Broward Health Medical Center. Miami-based VITAS has provided community- and facility-based hospice care in the Broward County area since 1980.

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Hospice News

SEPTEMBER 15, 2023

Technology and service diversification are two levers driving innovation in an evolving hospice landscape. Virtual care delivery processes are playing a key role in hospices’ ability to support both patients and staff as end-of-life care expands further upstream. The solution is to redefine it.

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Hospice News

JULY 10, 2024

The Ohio-based health system Adena Health has unveiled a hospice and home health joint venture with Alternate Solutions Health Network (ASHN). The JV, branded as Adena Home Health and Hospice, will launch next month, providing care to seriously and terminally ill patients in south central and southern Ohio. Census Bureau.

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Hospice News

SEPTEMBER 13, 2024

Plano, Texas-based Heart to Heart Hospice will soon add a third location to its geographic footprint in Oklahoma. The de novo will open this fall, located in Durant, Oklahoma, and serve hospice patients and their families across 11 surrounding counties. Demographics are driving demand for hospice in Oklahoma. Census Bureau.

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Hospice News

FEBRUARY 25, 2025

Addus HomeCare Corporations (Nasdaq: ADUS) purchase of Gentivas personal care segment is bearing fruit as the company drives forward on its acquisition strategy in 2025. But labor constraints and evolving reimbursement pressures could complicate the growth of its hospice and home-based services. increase from $54.7

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Hospice News

AUGUST 13, 2024

Hospices are increasingly collaborating with community organizations to better address the end-of-life needs of the homeless population. The Denver-based nonprofit organization offers shelter for people with end-of-life care needs. They may also need access to a continuum of care further upstream of hospice, he stated.

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Hospice News

JUNE 18, 2024

More hospices nationwide have increasingly recognized the value proposition of expanding their reach into untapped and underserved populations and geographic markets. Croix Hospice, which serves 10 Midwest states. Turner is also CEO and partner of Nashville-based Heart’n Soul Hospice.

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Hospice News

MAY 30, 2024

When it comes to hospice acquisitions, buyers and sellers expectations on price tags are becoming more aligned. However, this doesn’t mean that buying a hospice is a bargain-basement transaction. But for the right assets, they’re still getting pretty aggressive,” Vesely told Hospice News.

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Hospice News

JUNE 17, 2024

Joe Rotella, chief medical officer of the American Academy of Hospice and Palliative Medicine (AAHPM), calls on hospices to maintain their core principles amid a churning sea of regulatory and economic changes. He saw health care practitioners “running away” from patients like these and began to wonder who was running toward them.

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Hospice News

MAY 31, 2024

These efforts come at a time when telehealth utilization is making waves in hospice staff and patient engagement, as well as operational efficiency and care coordination. Hospices will need to be nimble as the future of telehealth unfolds in health care, he said. Currently set to expire Dec.

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Hospice News

AUGUST 31, 2023

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. A number of trends have shifted. billion , which closed at the end of 2022. “The

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