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Hospice Market to Nearly Double by 2030; Palliative Care to See Large Gains

Hospice News

Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. These markets are growing partly because of demographic trends and partly because of increasing acceptance of both palliative and hospice,” Tanquilut told Hospice News. “As billion by 2030, a rise from $34.5

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Humana Completes $2.8 Billion Kindred Hospice Divestiture

Hospice News

billion sale of Kindred at Home’s hospice and personal care segments, divesting a 60% stake to the private equity firm Clayton, Dubilier & Rice. Kindred at Home is the largest provider of home health services by market share in the United States and the second-largest hospice provider, according to LexisNexis.

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Jet Health Acquires Trio Home Health and Hospice

Hospice News

has acquired Trio Home Health Care and Hospice, growing its reach in the Lone Star State, which is a key focus area for the company. This latest acquisition fills our quest to expand our geographic footprint within our primary service areas,” said Jet Health CEO Stace Bratcher in a statement shared with Hospice News.

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Choice Health Acquires Private Duty Company Instant Care, Enters Arizona Market

Hospice News

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. Initially established in 2008 as a rehabilitation service provider, Choice expanded into home health during 2012 and later into hospice in 2018. By 2050, nearly 2.5

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Humana CEO Broussard to Step Down in 2024, Succeeded by Envision Healthcare Exec Jim Rechtin

Hospice News

Prior to Envision, Rechtin was president of OptumCare, a subsidiary of UnitedHealth Group (NYSE: UNH) and a major home health and hospice provider. All told, he has more than 22 years of experience with value-based health care and payment models, including Medicare Advantage, according to a Humana press release. billion deal.

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[UPDATED] Humana to Sell 60% of Kindred at Home Hospice to CDR for $2.8B

Hospice News

(NYSE: HUM) has signed a definitive agreement to sell a 60% stake in Kindred at Home’s (KAH) hospice and personal care business to the private equity firm Clayton, Dubilier & Rice (CDR) for $2.8 billion — and quickly announced plans to divest the hospice segment. Hospice partnership vs.ownership.

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Avera at Home Gets Personal with Kore Cares Joint Venture

Hospice News

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. Avera@Home Hospice offers hospice, home health and home medical equipment services throughout the Upper Midwest.