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The Employment Outlook for Hospice Aides

Hospice News

Rising wages, reimbursement pressures and immigration policies are fueling high turnover rates for hospice and personal care aides. It is rare to find individuals who perceive personal care as a career choice, or path. We were able to not just grow [but also] strengthen this workforce,” Klein told Hospice News.

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VITAS, Gentiva, Home Health & Hospice Care Expand Inpatient Services; Banner Health Shutters Hospice Programs in Phoenix

Hospice News

VITAS Healthcare Expands Hospital-Based Inpatient Hospice Center Chemed Corp. NYSE: CHE) VITAS Healthcare recently expanded its inpatient hospice care unit at the Florida-based Broward Health Medical Center. Miami-based VITAS has provided community- and facility-based hospice care in the Broward County area since 1980.

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Choice Health CEO Jackson: Instant Care Deal an Extraordinary Opportunity in Non-Medical Home Care

Hospice News

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. As of 2019, the U.S.

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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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Hospice Leaders: Dollars Alone Won’t Solve the Turnover Conundrum

Hospice News

While compensation is an important factor for attracting and keeping staff, hospices need to consider other crucial aspects. Employee benefits, a career path, organizational culture and leadership engagement also weigh into workers’ decisions to join, stay or leave a hospice.

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Hospice M&A Takes Downturn in Early 2023, May Rebound in Second Half of the Year

Hospice News

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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