Hospice News

APRIL 3, 2023

Through the JV, the two health care organizations are combining their home health and hospice operations in south Texas to form a new entity. AccentCare will take the lead on managing the home-based care business. Last year Memorial Hermann launched a JV with Contessa, the palliative care service arm of Amedisys (NASDAQ: AMED).

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Hospice News

JUNE 28, 2023

Hospice of the Chesapeake Appoints New CMO Maryland-based Hospice of the Chesapeake recently named Dr. Marny Fetzer as its new chief medical officer. Fetzer is currently system medical director for palliative care and hospice services at Illinois-based Ascension Health.

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Hospice News

JANUARY 11, 2024

Fortis Health has acquired Indiana-based Physiocare Home Health and Hospice. Their culture and approach to quality patient care are a great fit with what we have established at Fortis Health.” The company also operates Valeo Home Health and Hospice and Select Home Health, which Grant Avenue acquired in late 2020 and 2021, respectively.

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Hospice News

AUGUST 31, 2023

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. A number of trends have shifted. billion , which closed at the end of 2022. “The

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Hospice News

FEBRUARY 1, 2024

Natarajan’s role expanded after previously serving as the post-acute company’s chief medical officer for hospice since 2005. In addition to oversee AccentCare’s hospice and palliative care programs, he will also support its clinical care operations and patient experience initiatives.

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Hospice News

FEBRUARY 7, 2023

She became a hospice nurse for By the Bay Health in 1996, then named Hospice of Marin, taking on various roles in clinical leadership throughout her more than 27-year tenure. “It Previously known as Hospice by the Bay, the organization rebranded in 2021 to reflect a broadening scope of services.

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Hospice News

APRIL 3, 2024

Atlanta-headquartered Aveanna provides home health, hospice, personal care and private duty services across 33 states. The company also provides medical solutions, therapy services and durable medical equipment, among other adult and pediatric health care services.

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Hospice News

AUGUST 14, 2023

Led by co-founder and CEO Travis Messina, Contessa Health became an innovator in the palliative care arena, with the company’s success reflected in its multiple health system joint ventures. Nasdaq: AMED), which purchased Contessa in 2021 for $250 million.

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Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Hospice News

MARCH 17, 2023

More hospices are going green, making short-term investments to cultivate long-term sustainability. Among these companies is Agrace Hospice & Supportive Care, which unveiled an initiative last October to become carbon neutral by 2025, according to President and CEO Lynne Sexten. Amedisys, Inc.

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Hospice News

JANUARY 19, 2023

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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Hospice News

JULY 14, 2023

The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S. Between 2018 and 2021, he was CEO of the personal care company Help at Home.

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Hospice News

FEBRUARY 17, 2023

California-based post-acute care company Charter Healthcare Group has tapped Cheryl Lovell to become its new CEO and Anna-Gene O’Neal as the company’s first chief operating officer. The company completed at least six hospice deals in 2021 on top of four in 2020, in addition to two de novos and a number of home health transactions.

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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Hospice News

FEBRUARY 16, 2023

For starters, the company is going full-speed ahead on palliative care, delivered through its subsidiary Contessa Health. Amedisys yesterday announced a partnership with BlueCross BlueShield of Tennessee to cover those services, as well as a forthcoming divestiture of its personal care segment to HouseWorks — excluding its Florida operations.

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Hospice News

NOVEMBER 22, 2022

In hospice, clinicians in the field have the closest relationships with patients and families, giving them direct insight into their needs and the challenge of providing care when many operators are understaffed. Akunesokwu (Neso) Obiora entered the palliative care field nearly 20 years ago as a hospice aide.

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Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. Hospice utilization in the Illinois market reached 50.3%

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Hospice News

AUGUST 17, 2023

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support.

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Hospice News

OCTOBER 4, 2022

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. Initially established in 2008 as a rehabilitation service provider, Choice expanded into home health during 2012 and later into hospice in 2018. By 2050, nearly 2.5

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Hospice News

JULY 21, 2023

Regulatory challenges have contributed to the hospice sector’s current M&A slump, but this year’s volume nevertheless aligns with experts’ forecasts. This year will be the second consecutive year-over-year decline in hospice activity. You have to go back six years to get an idea of average annual activity. billion.

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Hospice News

JULY 19, 2022

For better or worse, the growing presence of large insurance companies in the hospice and home health provider space could be transformative for the industry. Two transactions demonstrate rising interest among payers in owning the home-based care assets that serve their beneficiaries. Hospice leaders have to remember why we are here.

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Hospice News

SEPTEMBER 16, 2022

Dallas-headquartered AccentCare delivers hospice to upwards of 40,000 patients annually through more than 80 hospice locations and 27 in-patient care centers. The company also offers care management, home health, palliative care, rehabilitation, skilled nursing, telehealth, non-medical, and personal care services.

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Hospice News

MARCH 16, 2023

The hospice and post-acute care provider recently unveiled a study of its nearly 30,000 active employees in an effort to both understand and improve driving forces that create a culture of inclusion, belonging and uniqueness for staff and patients alike, according to Rafael Fantauzzi, chief diversity, equity and inclusion officer at AccentCare.

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Hospice News

NOVEMBER 17, 2022

Under Kusserow, Amedisys also expanded its care continuum from home health and hospice to include palliative care, personal care, hospital-at-home and skilled-nursing-facility-at-home. The company’s hospice segment accounted for $198.7 million in Q3 2021. billion from $900 million.

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Hospice News

APRIL 21, 2022

(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 billion — and quickly announced plans to divest the hospice segment. Hospice partnership vs.ownership.

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Hospice News

JUNE 21, 2022

“These senior clinical leaders will focus on the specialized medical care we provide and retaining the top talent,” Fleece said in a company announcement. Empath Health is the parent company of Tidewell Hospice and Suncoast Hospice, and offers a range of other senior care services. Jet Health shakes up sales leadership.

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Hospice News

JULY 29, 2022

“Our mission is to keep seniors healthy and independent, and the investments we’re making are entities that we think are making leapfrogs in helping to support seniors to live healthy and independent,” Jain told Hospice News. “We MedArrive leverages physician-led telehealth to reach patients in addition to in-person care.

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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

JULY 11, 2023

She explains why VNS is bullish toward concerns about a hospice carve-in, and she also shares an outlook on the VBID demonstration’s extension through 2030. Additionally, she discusses VNS’s outcomes-driven approach to end-of-life care, and how they are helping other organizations employ a similar approach.

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Pallimed

MARCH 22, 2021

by Vickie Leff ( @VickieLeff ) Another year, another study proving the value of the palliative care social worker. It surprises me that despite much research and team role development, palliative care team members may not be aware of the importance of the palliative care social worker. I was not the only one. Quite a wide gamut.

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Hospice News

DECEMBER 19, 2022

In 2022, the hospice community laid the groundwork for a transformational 2023. During late 2021 and 2022, the U.S. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. The following are the most-read Hospice News articles of 2022. #1

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Hospice News

OCTOBER 19, 2022

Two hospices have lost the battle against workforce shortages, with one halting some of its service lines and another shutting down altogether. Hospice and Home Care of Juneau shutters. Alaska-based Hospice and Home Care of Juneau (HHCJ) recently announced its closure, citing high staffing costs and lack of clinicians.

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Hospice News

JANUARY 2, 2023

Wisconsin-based Agrace Hospice & Supportive care is raising employee compensation and expanding their benefits. As with almost every hospice, our single biggest expense is labor — it is front and center,” Sexten told Hospice News. “We The hospice provider has also revamped employee health insurance plans in 2023.

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Hospice News

JULY 8, 2022

The COVID-19 public health emergency remains in effect,” an HHS spokesperson told Hospice News in an email. “As As the PHE lingers, so do questions around what it has brought to the table for hospices. CMS also temporarily waived the requirement for volunteers to provide a minimum of 5% of hospice patient care hours.

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Hospice News

MAY 3, 2023

. “With the addition of Amedisys, we will bolster our offerings to meet the growing demand for personalized care in the home and alternative sites that move us closer to achieving this goal.” The relationship between Amedisys and Option Care began long before this merger. The company’s hospice segment accounted for $193.4

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Hospice News

AUGUST 23, 2022

Current immigration policies are straining hospices’ ability to grow and retain their workforce amid widespread shortages. Immigrant workers help to fill some of the biggest areas of need in the hospice and palliative care labor supply. OpusCare offers hospice and palliative care in Florida, Texas and Georgia.

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