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Hospice Investors to Watch in 2024

Hospice News

Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Only three hospice deals took place in the third quarter of this year compared to 11 in Q3 2022 and 18 in the same period in 2021, according to data from the M&A advisory firm The Braff Group.

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Guaranteed Taps SVP of Strategic Growth; Nurses Step Into C-Suite at Hospice of the Piedmont, Hudson Valley Hospice

Hospice News

Guaranteed’s New SVP of Growth, Strategy Tech-enabled hospice startup Guaranteed has named Ryan Malone as its new senior vice president of growth and strategy. Before joining Guaranteed, Malone served as vice president of sales and partnerships at mental health provider Thriveworks since 2021. Carl Derrick as medical director.

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Addus Orients M&A Strategy Away From Hospice, Towards Home Health, Personal Care

Hospice News

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.

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St. Croix Acquires Corpore Sano Hospice in Michigan

Hospice News

In addition to a spate of acquisitions, the Minnesota-based hospice provider has launched four de novos thus far in 2022. This follows six new locations they opened in 2021 and seven during 2020. Croix has no plans to slow down its expansion, CEO Heath Bartness previously told Hospice News. Utah led the nation with 60.5%.

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Hospice Length of Stay: Balancing Patient Needs Against Regulatory Compliance

Hospice News

“For a hospice administrator or executive, you really have to be very focused on your length of stay data,” Young told Hospice News in a recent Elevate podcast episode. Are you in an outlier scenario with your data that Medicare contractors are looking at? Centers for Medicare & Medicaid Services (CMS) and the U.S.

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St. Croix Hospice Continues Missouri Expansion

Hospice News

Croix Hospice is answering the growing hospice care needs of central Missouri by locating additional staff to serve communities from our new Jefferson City location,” said CEO Heath Bartness in a press release. This follows six new locations they opened in 2021 and seven during 2020. based Lexington Hospice Care.

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3 Palliative Care Providers to Watch

Hospice News

The UnitedHealth Group subsidiary Optum ultimately did acquire Prospero in early 2021 and is in the process of merging the company with its Landmark subsidiary. NASDAQ: AMED) acquired the business in 2021. Reimbursement for palliative care in fee-for-service Medicare currently only covers physician or nurse practitioner services.