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2023’s Most Impactful Hospice Deals

Hospice News

A rich mix of hospice merger and acquisition (M&A) activity at the end of 2023 is fueling trends into next year. Hospice M&A activity has diverged from the frenzied pace set in recent years. This year saw a slow but significant start, with mainly smaller and fewer hospice transactions taking place.

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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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Hospices, Community Groups Team Up to Provide Care to the Homeless

Hospice News

A group of Wisconsin-based organizations, including hospices, are working to improve end-of-life care among homeless populations. Dubbed Solace Home, the four-bed residential facility opened today and will provide end-of-life housing and caregiving for terminally ill individuals living in unstable or insecure situations.

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Addus Projects ‘Strong, Steady’ Hospice Growth Amid Lingering Pandemic Census Headwinds

Hospice News

NASDAQ: ADUS) saw hospice growth in 2023, despite lingering pandemic-related challenges around daily census. The company anticipates growth in its personal care business in 2024, which will have a reverberating impact in its hospice and home health service lines. billion in 2023, swelling from $951.1

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Gentiva Inks Deal to Acquire Heartland Hospice from ProMedica for $710 Million

Hospice News

The hospice, palliative care and personal care provider Gentiva has agreed to acquire Heartland Hospice and other assets from the home-based care company ProMedica. The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home.

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Angela Hospice’s New Senior Living Inpatient Facility Michigan-based Angela Hospice recently unveiled plans to open a new inpatient center at a senior living facility. Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. The William B. and Janet B.

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What Gentiva’s Expanded Hospice Presence Means for the M&A Mix

Hospice News

Gentiva’s recent $710 million acquisition of ProMedica’s hospice and home-based care assets bucks prevailing trends in today’s M&A market. Many in the space expect smaller deals to become more prevalent during the first half of 2023, particularly in light of rising interest rates and other economic forces. s (NYSE: HUM) $2.8

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