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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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Hospice Market to Nearly Double by 2030; Palliative Care to See Large Gains

Hospice News

The state of hospice and palliative care markets. In 2021, hospice was a $23 billion industry that made up roughly 20% of the overall U.S. health care market, according to a report that Bank of America (BofA) Global Research shared with Hospice News. The hospice industry is expected to reach $64.7

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[UPDATED] Humana to Sell 60% of Kindred at Home Hospice to CDR for $2.8B

Hospice News

(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 The company attributed this primarily to growth in its Medicare Advantage business and state contracts membership.

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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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How Hospice, Behavioral Health May Cross Paths

Hospice News

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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Voices: Josie Aquino, LMSW, ACC,  Director, Product Management, VNS Health

Hospice News

I have channeled my passion for working with underserved communities, beginning as a licensed social worker for a large hospital system, where I experienced firsthand the disparities in healthcare access and limitations in delivering whole-person care. What have your outcomes been so far?

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

.” – Jim Palazzo, CEO, Transitions Care “I was interested in PACE services just because of the similarity that it has to hospice care and the need that it fills, often for some of the poor folks in a community. Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries.

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