article thumbnail

Hospice Care Found Lacking in Assisted Living Setting

Hospice News

Hospices that see higher numbers of patients in assisted living facilities tend to have lower quality scores than other providers, research has found. The findings point to possibly growing gaps of unmet needs among hospice patients in assisted living (AL) settings, according to the researchers.

article thumbnail

VITAS to Acquire Covenant Health and Community Services’ Hospice Business

Hospice News

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. VITAS Healthcare Corporation has penned an agreement to acquire Covenant Health and Community Services’ hospice operations and one of its assisted living facility locations for $85 million.

Hospice 222
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

VITAS’ Acquisition Pipeline Likely Growing

Hospice News

The company recently completed its $85 million acquisition of Covenant Health and Community Services’ hospice operations and one assisted living facility location. This was VITAS’ first deal in several years, largely due to record-high valuations in the space, Chairman and CEO Nick Westfall told Hospice News in 2020.

article thumbnail

VITAS Closes $85M Covenant Health Transaction

Hospice News

NYSE: CHE), has completed its $85 million acquisition of Covenant Health and Community Services’ hospice operations and one assisted living facility location. The transaction also marks VITAS’ entry into the assisted living space. VITAS Healthcare, a subsidiary of Chemed Corp. increase from the prior-year’s period.

article thumbnail

VITAS  CEO Westfall: Market Conditions More Favorable for Hospice Acquisitions

Hospice News

NYSE: CHE) recently announced its first deal in several years, the $85 million purchase of hospice assets from Covenant Health. Skyrocketing valuations were among the factors behind that decision, Westfall told Hospice News in 2020. Changes in the marketplace have made further acquisitions by VITAS Healthcare more likely.

Hospice 147
article thumbnail

Sanford Health, Good Samaritan Society’s Mobile Clinic Offers Support to Hospice Patients

Hospice News

South Dakota-based health system Sandford Health is collaborating with the Good Samaritan Society to serve patients in their homes through a mobile clinic, which among other services offers additional support to patients in hospice. These clinicians partner closely with the nurses in the long term care and assisted living facilities.

article thumbnail

Key to the Continuum: Hospice Providers Eye Primary Care Businesses

Hospice News

As hospice providers build out a larger continuum of health care services, some are taking a close look at the primary care space. The term “upstream” has become a watchword in hospice. Patients in assisted living facilities, group homes, and other facilities received 3.2 Primary care is where it’s at.”

2016 162