Hospice News

MARCH 3, 2023

billion divestiture of Kindred at Home’s hospice and personal care segments. The organization finished 2021 in the red by $1.5 (NYSE: GS), a representative for Gentiva told Hospice News’ sister publication Skilled Nursing News. The deal marks Gentiva’s first purchase since the company emerged from Humana, Inc.’s

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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. For context, last year, personal care accounted for 79% of Addus’ revenue.

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Hospice News

MAY 3, 2022

Acquisitions will be crucial to Addus HomeCare Corp.’s Industry-wide, deal volume in the hospice and home health markets slipped during the first quarter of 2022 after a late 2021 blitz in transactions. s (NASDAQ: ADUS) 2022 objectives as COVID headwinds start to abate.

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Hospice News

AUGUST 2, 2022

Addus also counted its first full quarter of revenue from its 2021 purchase of Armada Hospice of New Mexico and Armada Hospice of Santa Fe for $29 million. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies. million during Q2 2021. Company-wide revenues were up 8.7%

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Hospice News

FEBRUARY 28, 2023

Staffing improvements and reimbursement shifts are paving Addus HomeCare’s (NASDAQ: ADUS) growth path this year. That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. days during the same period in 2021. “I Its personal care services reached $183.4

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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.

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Hospice News

DECEMBER 12, 2022

In addition to acquisitions, LHC was involved in 30 out of the 69 joint ventures that completed in the hospice and home health space from 2014 to 2021, Kulik said. billion divestiture of a 60% stake in Kindred at Home’s hospice and personal care segments to the private equity firm Clayton, Dubilier & Rice. s (NYSE: HUM) $2.8

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Hospice News

NOVEMBER 10, 2022

Atlanta, Georgia-headquartered Aveanna operates more than 300 locations in 33 states, providing care to upwards of 400,000 adults and children annually. Its services include home health, hospice, private duty services and personal care. The company also provides medical solutions and durable medical equipment.

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Home Care Pulse

SEPTEMBER 28, 2022

I, I, when I thought about this, uh, home care is diverse by the way it’s set up when you think about who the consumers are, who the patients, clients being taken care, they fall in a certain demographic. Yeah, I, I think you can be, you’ll win the race for talent. Uh, and you can only pay so much.

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