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Executive Changes at Niagara Hospice, Transcend Strategy Group, AMOREM, HomeCare & Hospice

Hospice News

Niagara Hospice CEO Retires Lockport, N.Y.-based based Niagara Hospice will soon have a new president and CEO with the upcoming retirement of John Lomeo, who has led the organization since 2000. Niagara Hospice is part of The Hospice and Palliative Care Group (HPCG), an organization that provides administrative services.

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Hospice M&A Going Strong, But Non-Medical Home Care a Rising Star

Hospice News

While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of 2019, the U.S.

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Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

As hospices zero in on their investments in staff engagement and operational efficiencies, organizational culture is becoming a higher priority. Hospices nationwide are taking varied approaches around how they fuel staffing investments with sustainable growth in mind. 2024 Hospice News Outlook Survey and Report.

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JVs a Major Growth Engine for Hospices in 2024

Hospice News

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.

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Hospices Expect Forward Momentum on Labor in 2023

Hospice News

Seeds of optimism are taking root among hospice providers that industry-wide labor pressures may improve this year. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others.

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The Most Significant Hospice Deals So Far in 2023

Hospice News

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. billion , which closed at the end of 2022. A number of trends have shifted.

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High Price Tags Pushing Addus Away from Hospice Acquisitions

Hospice News

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Hospice is still very expensive. Its hospice business brought in $50.6

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