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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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Addus Orients M&A Strategy Away From Hospice, Towards Home Health, Personal Care

Hospice News

Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospice care across 207 locations in 22 states, reaching roughly 46,500 patients annually.

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Hospice Investors to Watch in 2024

Hospice News

Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. This followed its $5.4 NYSE: HUM) for $2.8

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Addus’ Hospice Business Thrives Despite Labor Pressure, Inflation

Hospice News

Bolstered by recent acquisitions, Addus Homecare’s (NASDAQ: ADUS) hospice segment is holding its own against labor headwinds and inflation. For example, the company’s $85 million acquisition of Illinois-based hospice provider JourneyCare Inc., million, with hospice accounting for 20%, CFO Brian Poff reported in the earnings call.

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

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

Hospice News

Home health and hospice provider Enhabit, Inc. He most recently served as a partner at Bradley, Arant, Boult, Cummings LLP, where he provided legal advice to health care, banking and environmental companies, among others. The company’s more than 10,000 employees provide care from 105 hospice and 252 home health locations in 34 states.

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Predictive Analytics ‘Gives Hospices a Lens’ into Quality, Compliance

Hospice News

Hospices are leveraging predictive analytics to get a clearer picture of their performance amid regulatory pressures. Hospices have relied on data to enhances their ability to assess the quality and quantity of bedside care delivered during a patients’ final days.

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