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Memory Care Residents See Higher Mortality, Hospice Utilization Rates

Hospice News

Patients in assisted living-based memory care facilities have higher mortality rates and are more likely to enroll in hospice, a new study indicates. In Fiscal Year 2022, 7.5% million hospice recipients were diagnosed with Alzheimer’s disease, 6.8% Hospice utilization was 8% and 10.6%

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Studies: Virtual Reality Shows Promise in Palliative Care

Hospice News

A second study found that roughly 88% of palliative patients nationwide who have used virtual reality in the last decade reported improvement in their physical and/or psychological symptoms The journal Palliative Medicine published the research in May 2022. Around 17.5% About 82.5%

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Hospices See Growth Opportunities with Physician Offices, Memory Care

Hospice News

Hospice providers are increasingly focused on memory care settings and physician offices as referral sources. Though many hospices see facility-based care as their primary referral engines, a growing base of providers are seeking ties to community-based organizations to increase access and utilization this year. Among those, roughly 6.7

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Enhabit Appoints General Counsel; The Denver Hospice Gets New Medical Director

Hospice News

Home health and hospice provider Enhabit, Inc. The company’s more than 10,000 employees provide care from 105 hospice and 252 home health locations in 34 states. The company plans to deploy $50 to $100 million annually towards transactions, leaning 60% to 70% in the direction of hospice, Jacobsmeyer previously told Hospice News.

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M&A, Referral Uptick to Bolster Pennant Amid Labor, Census Headwinds

Hospice News

The Pennant Group (NASDAQ: PNTG) expects emerging rebounds in skilled nursing and assisting living — and its pipeline of forthcoming acquisitions — to offset the impact of continuing labor headwinds. The average daily census for Pennant’s hospice segment for the third quarter was 2,293, up 0.4% sequentially.

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Elara Caring Acquires of Assisted Daily Living

Hospice News

Texas-headquartered hospice and home health company Elara Caring has inked a deal to acquire Assisted Daily Living, Inc., In addition to skilled home health, Enclara’s services include hospice, palliative and personal care, and behavioral health. a Rhode Island-based provider. Financial terms of the deal were undisclosed.

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Regulatory Focus in Hospice Giving Buyers Pause in M&A Deals

Hospice News

Regulatory attention heating up in the hospice industry could be impacting buyers’ decisions/how buyers move forward with mergers and acquisitions in the space. The nuances involved in the regulatory environment around hospice can be difficult to navigate for private equity and venture capital investors that are new to the industry.

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