article thumbnail

Hospice M&A Takes Downturn in Early 2023, May Rebound in Second Half of the Year

Hospice News

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.

2023 230
article thumbnail

Enhabit’s 2023 M&A Strategy Leans Toward Hospice Assets

Hospice News

Large-scale consolidation in both home health and hospice has occurred at a rapid pace in recent years, leaving more small- to mid-sized providers left in the remaining mix of available assets up for grabs. However, the market has taken a dip in the first half of 2023, though some expect a rebound before year’s end.

2023 230
professionals

Sign Up for our Newsletter

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

article thumbnail

Fallout of 2023 Home Health Payment Rule Likely to Affect Hospices

Hospice News

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. In addition, the 2023 increase is only a temporary abatement. While this is an improvement from the 4.2%

2023 239
article thumbnail

M&A Volume May Shift From Hospice to Home Health

Hospice News

Though many expect a hospice M&A rebound in 2024, the scales are tipping in favor of home health companies among buyers. After 2023’s slump, PE firms have been sitting on more than $800 million in dry powder, according to data shared with Hospice News by The Braff Group. But additional data point to a resurgence.

2024 282
article thumbnail

Despite Headwinds, Aveanna Still Sees Big Upside to Its Home Health and Hospice Business

Hospice News

NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations. When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We Overall, Aveanna reported Q2 2023 revenue of $471.9

article thumbnail

How Proposed Cuts to Home Health Payments Could Impact Hospice M&A

Hospice News

Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. This disruption contributed to soaring deal volume in the hospice space from 2019 through 2021, which reached record highs.

2026 241
article thumbnail

How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring

Hospice News

VitalCaring Group CEO April Anthony has a track record of building home-based care powerhouses, making her newest venture a company to watch as its emerging brand comes together. More transactions followed, with an emphasis on home health. In 1999, she also established and led the health care tech firm Homecare Homebase.