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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

Since its implementation in July 2022, VITAS has bolstered its ranks with 275 newly hired licensed clinicians, including 103 during Q4, the company reported. For some of those other metrics, results were mixed for both Q4 and full-year 2022. jump from assisted living facilities. from Q3 2022. in Q4, along with a 2.7%

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M&A Buyers Scour Hospice Financials for Compliance Risks

Hospice News

Despite slowed intensity thus far in 2022 compared to previous years, the hospice sector has “remained active” and “still outpaces” other markets in health care, according to a recent report from Bass Berry & Sims. Regulators have kept a close watch on hospice deals as merger and acquisition activity swells in the space.

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As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

Labor shortages and other headwinds have battered hospices during 2022, including large companies. This year brought the return of Medicare sequestration, and pandemic-driven disruption in referral streams are lingering. Providers are seeing troubles on multiple fronts, as reflected in third quarter earnings reports.