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Hospice News
MARCH 8, 2023
High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Addus began as a personal care provider in 1979.
Hospice News
AUGUST 31, 2023
Among 2023’s largest nonprofit hospice transactions are Hosparus Health’s acquisition of Baptist Health Deaconess Hospice in June, the affiliation of Capital Caring Health and Chapters Health System in May and the merging of Kosciusko Home Care & Hospice (KHCH) with Stillwater Hospice in March, among others.
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Hospice News
MARCH 3, 2023
It’s a little unique in that most of the activity in the hospice and home care markets is more in the mid-market space and not large platform-type transactions,” Les Levinson, partner in health law at the New York-based M&A advisory firm Robinson+Cole LLP. billion divestiture of Kindred at Home’s hospice and personal care segments.
Hospice News
APRIL 20, 2022
Addus HomeCare Corporation (NASDAQ: ADUS) announced Wednesday that it has named a new EVP and chief development officer in Cliff Blessing, who had previously served as the EVP of corporate development for Encompass Health’s (NYSE: EHC) home health and hospice business. Part of that could be due to inflation.
Hospice News
DECEMBER 19, 2022
During late 2021 and 2022, the U.S. Social workers left the health care field at record-high rates during the pandemic, according to data from the Peterson-Kaiser Family Foundation Health System Tracker. Findings reflected that attrition rates exceeded pre-pandemic levels by 35% as of 2021. 3–6 Big Provider, Payer Hospice Deals.
Hospice News
DECEMBER 12, 2022
The home health and hospice provider has had a “dominating” presence in the hospice M&A market in recent years, Mark Kulik, senior director at The Braff Group, previously told Hospice News. billion divestiture of a 60% stake in Kindred at Home’s hospice and personal care segments to the private equity firm Clayton, Dubilier & Rice.
Home Care Pulse
SEPTEMBER 28, 2022
Hello and welcome to Vision The Care Leaders podcast. I’m Linda Leekley, and it is my honor to serve as the Chief Clinical Officer here at Home Care Pulse. And I think the thing that really ship the things for me is when in 2009, I had the opportunity to join a Home Care national home care agency.
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