Hospice News

JULY 28, 2023

Payers and private equity investors are among the new entrants stepping deeper into the hospice space. The hospice industry has seen a swath of new entrants amid record-level transaction volume and soaring valuations in recent years. Private equity deals represented nearly 22.2%

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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Hospice News

APRIL 18, 2024

NYSE: CHE), has completed its $85 million acquisition of Covenant Health and Community Services’ hospice operations and one assisted living facility location. d/b/a/ Covenant Care, provides hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama.

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Hospice News

JANUARY 19, 2023

Hospice and behavioral health care could increasingly intersect in coming years as demand for specialized care grows. But the prevalence of mental health conditions and related concerns like isolation and substance abuse mean that hospice and behavioral health providers may need to find more ways to integrate their services.

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Hospice News

SEPTEMBER 14, 2023

A major achievement during Rodgers’ tenure at the Dallas-based hospice, home health and palliative care provider was the company’s 2020 merger with Illinois-based Seasons Hospice & Palliative. The deal made AccentCare one of the nation’s largest hospice providers.

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Hospice News

AUGUST 17, 2023

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support.

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Hospice News

JUNE 23, 2023

The creation and subsequent partnership with Radiant Alliance will bring a hospice and palliative care company and senior living operator under the auspices of a payer. Metta Healthcare is the parent company of Ohio’s Hospice and the palliative care provider Pure Healthcare. We are the first to actually do it.”

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Hospice News

MARCH 3, 2023

Gentiva’s recent $710 million acquisition of ProMedica’s hospice and home-based care assets bucks prevailing trends in today’s M&A market. NYSE: GS), a representative for Gentiva told Hospice News’ sister publication Skilled Nursing News. billion divestiture of Kindred at Home’s hospice and personal care segments.

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Hospice News

JANUARY 25, 2023

Hospices are increasingly leveraging technology and pharmaceutical partnerships to better address the needs of patients and families and improve financial and operational efficiencies. Hospices have leaned heavily on technology during the pandemic, turning to telehealth to remain connected to patients and their families.

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Hospice News

SEPTEMBER 25, 2023

BrightSpring did not respond to Hospice News’ request for comment regarding the pending deal. Historically a personal care company, BrightSpring stepped into the hospice space in February 2021 with its $775 million acquisition of Abode Healthcare from the private equity firm Summit Partners. The company reported $5.6

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Hospice News

FEBRUARY 1, 2024

Natarajan’s role expanded after previously serving as the post-acute company’s chief medical officer for hospice since 2005. In addition to oversee AccentCare’s hospice and palliative care programs, he will also support its clinical care operations and patient experience initiatives.

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Hospice News

JUNE 28, 2023

Hospice of the Chesapeake Appoints New CMO Maryland-based Hospice of the Chesapeake recently named Dr. Marny Fetzer as its new chief medical officer. Fetzer is currently system medical director for palliative care and hospice services at Illinois-based Ascension Health.

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Hospice News

FEBRUARY 7, 2023

She became a hospice nurse for By the Bay Health in 1996, then named Hospice of Marin, taking on various roles in clinical leadership throughout her more than 27-year tenure. “It Previously known as Hospice by the Bay, the organization rebranded in 2021 to reflect a broadening scope of services.

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Hospice News

JANUARY 25, 2023

Forging partnerships with health systems and physician groups has become a cornerstone of AccentCare’s growth strategy as it seeks to expand the breadth of this post-acute care services. The company operates more than 260 locations in 31 states, caring for 210,000 patients and families annually.

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Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Hospice News

SEPTEMBER 28, 2022

Demand for home-based care was creeping upward before 2020, but the pandemic that broke out that year accelerated the trend. But these home-based providers are working within a system that was built and oriented around facility-based care.

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Hospice News

MAY 23, 2023

Hospice merger and acquisition activity has taken a downturn in 2023, which is in line with projections from M&A experts. Approximately 14 hospice, home care and home health transactions were reported during the first quarter of 2023, according to recent data from Mertz Taggart. However, deal volumes are still 20.4%

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Hospice News

OCTOBER 4, 2022

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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Hospice News

OCTOBER 11, 2023

His first-hand experience leading through challenges and opportunities of a changing health care services continuum will help accelerate our integrated care strategy at pace.” Prior to Envision, Rechtin was president of OptumCare, a subsidiary of UnitedHealth Group (NYSE: UNH) and a major home health and hospice provider.

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Hospice News

APRIL 4, 2023

Texas-headquartered hospice and home health company Elara Caring has inked a deal to acquire Assisted Daily Living, Inc., The acquisition marks Elara Caring’s entry into the state and is anticipated to close towards the latter part of this year, pending customary regulatory approval. a Rhode Island-based provider.

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Hospice News

SEPTEMBER 12, 2022

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.

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Hospice News

AUGUST 26, 2022

She returns to the company after nearly three years at the helm of San Diego-based The Elizabeth Hospice as its chief strategy officer. In her new role, she’ll oversee the company’s staff providing care across five counties in the state’s southern region. Kauai Hospice Recruits Retired Emergency Doc as Medical Director.

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Hospice News

APRIL 21, 2022

(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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Hospice News

OCTOBER 13, 2023

Home Health of the Ozarks and Hospice of Care Names New Director Missouri-based Texas County Memorial Hospital (TCMH) has appointed Cheryl Maley, registered nurse, as new director of Home Health of the Ozarks and Hospice of Care. The nonprofit hospice is supported by TCMH Healthcare Foundation’s Hospice Memorial Fund.

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Hospice News

NOVEMBER 4, 2022

The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice. The initially proposed 4.2%

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Hospice News

OCTOBER 17, 2023

Clinicians face relatively high rates of burnout “due to the secondary trauma and emotional exhaustion that develops from working with death and dying daily,” Aprille Waldrop, social services manager for Florida-based Hospice of Health First told Palliative Care News. Nursing is not the same kind of work it used to be.

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Hospice News

FEBRUARY 17, 2023

California-based post-acute care company Charter Healthcare Group has tapped Cheryl Lovell to become its new CEO and Anna-Gene O’Neal as the company’s first chief operating officer. The company completed at least six hospice deals in 2021 on top of four in 2020, in addition to two de novos and a number of home health transactions.

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Hospice News

NOVEMBER 4, 2022

The de novo, located in Florida’s Hillsborough County, initially will house a branch of the Empath affiliate Suncoast Hospice. 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.

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Hospice News

MARCH 16, 2023

The hospice and post-acute care provider recently unveiled a study of its nearly 30,000 active employees in an effort to both understand and improve driving forces that create a culture of inclusion, belonging and uniqueness for staff and patients alike, according to Rafael Fantauzzi, chief diversity, equity and inclusion officer at AccentCare.

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Hospice News

MAY 23, 2023

is a holding company of independent operating subsidiaries that provide health care services through 97 home health and hospice locations in 14 western and midwestern states. Its hospice business accounted for nearly $43.3 New CEO at Jet Health Meanwhile, home-based care provider Jet Health, Inc., The Pennant Group, Inc.

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Hospice News

MAY 5, 2023

The Miriam Hospital brought in more than $535 million in revenue during 2020, the most recent year data are available, according to its IRS 990s. The Miriam Hospital recently added Dr. Leah McDonald, hospice and palliative care physician at Hope Health, to its ED team to help lead the program.

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Freedom Home Care and Medical Staffing

DECEMBER 5, 2023

November is National Home Care and Hospice Month, a time to honor the millions of home care professionals who provide essential health care services to patients and families in their homes. Home care and hospice care are vital for many people who face chronic illnesses, disabilities, or terminal conditions.

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Freedom Home Care and Medical Staffing

NOVEMBER 27, 2023

November is National Home Care and Hospice Month, a time to honor the millions of home care professionals who provide essential health care services to patients and families in their homes. Home care and hospice care are vital for many people who face chronic illnesses, disabilities, or terminal conditions.

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Freedom Home Care and Medical Staffing

NOVEMBER 25, 2023

November is National Home Care and Hospice Month, a time to honor the millions of home care professionals who provide essential health care services to patients and families in their homes. Home care and hospice care are vital for many people who face chronic illnesses, disabilities, or terminal conditions.

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Hospice News

OCTOBER 14, 2022

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. Instant Care is Choice’s second acquisition this year.

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Hospice News

JANUARY 16, 2024

For New Day, it meant a new way of thinking about home-based care delivery, driven by technology, non-traditioal investment strategies and extension of those principles across the home-based care continuum. New Day Health Care started in mid-2020, the middle of COVID at what seemed to be a peak of uncertainty.

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Hospice News

JUNE 21, 2022

“These senior clinical leaders will focus on the specialized medical care we provide and retaining the top talent,” Fleece said in a company announcement. Empath Health is the parent company of Tidewell Hospice and Suncoast Hospice, and offers a range of other senior care services. Jet Health shakes up sales leadership.

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