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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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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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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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Nursing Educator Shortage Contributing to Hospice Labor Pressures

Hospice News

The reintroduction of the Palliative Care and Hospice Education Training Act (PCHETA) last May died in committee. It also would have established fellowships through new palliative care and hospice education centers to provide short-term, intensive training, as well as incentivized award programs across all the relevant disciplines.

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New Leadership at Interim HealthCare; Former Amedisys CEO to Lead TheKey

Hospice News

The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S. Mastrapa since 2021 has been an advisor and consultant to multiple health care companies.

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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. Humana Inc. NYSE: HUM) has completed its $2.8

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