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

Hospice News

health care market, according to a report that Bank of America (BofA) Global Research shared with Hospice News. The hospice market will grow at an annual rate of 7% to 8%, making it the second-fastest growing health care segment nationwide, trailing only behind personal care, according to findings in the report.

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

Hospice News

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. Humana is the second-largest operator of Medicare Advantage plans, representing 18% of that market, according to the Kaiser Family Foundation. billion deal.

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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 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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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.

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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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