Hospice News
MARCH 26, 2024
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.
Hospice News
NOVEMBER 1, 2023
NASDAQ: PNTG) has acquired Guardian Hospice and Guardian Hospice of Oklahoma for an undisclosed amount. Guardian Hospice of Oklahoma received Medicare certification in 2015 and has since grown its presence in the state and across Texas. About 143,284 Medicare decedents utilized hospice in Texas in 2021, according to the U.S.
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Hospice News
MAY 10, 2023
NYSE: EHAB) is seeing staffing-related capacity constraints start to ease despite a rocky quarter for its hospice segment. The company hired 101 full-time nurses during the first quarter, including 91 in home health and 10 in hospice. Revenue for its hospice segment dipped slightly year-over-year to $49.3
Hospice News
FEBRUARY 21, 2023
The gestation of Texas-based VitalCaring has been years in the works, but it built its clinical foundation around July 2021, when its three principal owners — Anthony and the private equity firms Vistria Group and Nautic Partners — purchased an undisclosed home health agency in Louisiana. My roots are in home care.
Hospice News
AUGUST 4, 2022
Like many providers, LHC Group (NASDAQ: LHCG) is feeling the brunt of labor pressures bearing down on patient volumes and revenue, with blows hitting its home health segment harder than hospice. Louisiana-based home health and hospice provider LHC Group was no exception. Labor challenges led to a 4.3%
Hospice News
MARCH 15, 2023
s (NYSE: EHAB) hospice growth plans. Labor has been a big “swing factor” in Enhabit’s ability to sustain and grow its services, particularly on the hospice side, CEO Barbara Jacobsmeyer recently indicated. Enhabit operates roughly 100 hospice locations and around 252 home health locations in 34 states.
Hospice News
MAY 23, 2023
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.
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