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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. A large concern is whether there will be enough hospice and palliative care providers to keep pace with demand, according to Brian Tanquilut, equity analyst in health care services at investment banking company Jeffries LLC.

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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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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. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

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Addus Acquires Apple Home Healthcare

Hospice News

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. for an undisclosed sum. for $85 million earlier this year.

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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. The seeds of this transaction were planted in 2018, when the insurance company acquired 40% ownership of Kindred at Home. (NYSE: HUM) has completed its $2.8

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Jet Health Acquires Trio Home Health and Hospice

Hospice News

Now, with our 10 locations statewide, coupled with a strong, solid network of caregiving professionals throughout all our service areas, we are well-positioned to meet the home health care and hospice needs of Texans.”. Hospice utilization among Medicare decedents in the state runs high and reached 52.1%

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Empath Health Expands With De Novo, Veterans’ Adult Day Center

Hospice News

The organization also plans to add home health, medical services, grief care, personal care, and its Empath Partners in Care (EPIC) services, designed to care for HIV/AIDS patients. Bringing our full life care to the residents of Hillsborough County is an honor and a privilege,” Rafael J.

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