article thumbnail

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. In this story, Hospice News highlights the growth strategies of several providers.

2023 246
article thumbnail

Addus to Acquire Tennessee Quality Care for $106 Million

Hospice News

This year, the company has been weighting its deal pipeline more towards home health and personal care with less of a focus on standalone hospice companies, due to high valuations in the space. “In

Homecare 240
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Hospices Can Rebrand Post-Merger, Acquisition

Hospice News

Rebranding a hospice company following a merger or acquisition is a more complex process than it may seem at first blush. While consolidation slowed in 2023, many industry observers expect a rebound in 2024, though perhaps not to the record-breaking levels seen in 2021.

Hospice 253
article thumbnail

Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospice company, Marion indicated. This is down from 54% of respondents in 2023’s survey and 68% of 2022 respondents. NYSE: EHAB).

2024 238
article thumbnail

5 Numbers that Shaped Hospice in 2022

Hospice News

Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. The post 5 Numbers that Shaped Hospice in 2022 appeared first on Hospice News.

2022 242
article thumbnail

What New Allegations that HCA Healthcare Pressured Patients Mean for Hospices

Hospice News

The company operates 180 hospitals and roughly 2,300 sites of care and earned close to $16 billion in the first quarter of 2023. It’s propaganda filled with misleading and absurd accusations that are not supported by facts,” an HCA spokesperson told Hospice News in an email. This is not a serious report. s (NYSE: HUM) $5.7

article thumbnail

Hospice Advocacy Groups Call on CMS, Congress to Strengthen Program Integrity Oversight

Hospice News

The thing to watch for particularly in the hospice realm is oversight on claims, quality and performance — even to the point of dealing with fraud and abuse in the hospice benefit,” said NAHC President Bill Dombi during its recent 2023 Industry Outlook webinar. “We

Hospice 264