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Addus Acquires Apple Home Healthcare

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies.

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Enhabit’s 2023 M&A Strategy Leans Toward Hospice Assets

Hospice News

However, the market has taken a dip in the first half of 2023, though some expect a rebound before year’s end. million in Q1 of 2023 with an overall net service revenue of $265.1 million, while home health revenue reached $215.8 Nevertheless, smaller deals will likely reign this year. Enhabit’s EBITDA reached $25.3

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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. This includes the $5.4

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Fallout of 2023 Home Health Payment Rule Likely to Affect Hospices

Hospice News

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. In addition, the 2023 increase is only a temporary abatement. While this is an improvement from the 4.2%

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Amedisys to Sell 100 Locations to Advance UnitedHealth Group Deal

Hospice News

Optum Health currently serves more than 4.1 UnitedHealth Group, via Optum, has made massive investments in home health and hospice in recent years. In June 2023, the company penned an agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 This followed its $5.4

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Leading Nursing Trends for 2023

Nurse.com

Nursing is a noble profession that plays a critical role in providing healthcare services to people of all ages and in a variety of settings. Nursing shortage The nursing shortage is a problem that has plagued the healthcare industry for years.

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Despite Headwinds, Aveanna Still Sees Big Upside to Its Home Health and Hospice Business

Hospice News

It wasn’t too long ago when Aveanna Healthcare Holdings Inc. NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations. When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We