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The Public Hospice Companies Most Likely to Acquire in 2024

Hospice News

After a rocky year for M&A, two of the publicly traded hospice providers are poised to pursue more deals in 2024. Based on 2023 earnings trends, The Pennant Group (NASDAQ: PNTG) and Addus HomeCare Cop. The post The Public Hospice Companies Most Likely to Acquire in 2024 appeared first on Hospice News.

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How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring

Hospice News

In 1999, she also established and led the health care tech firm Homecare Homebase. She went on to found Encompass Health’s (NYSE: EHC) home health and hospice business as its CEO. Physician-based services that complement what we do in home health and hospice is an area for future opportunity.

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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. 2024 Hospice News Outlook Survey and Report.

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Addus to Acquire Tennessee Quality Care for $106 Million

Hospice News

Addus HomeCare Corp. NASDAQ: ADUS) has reached an agreement to purchase the home health, hospice and private duty operator Tennessee Quality Care for $106 million. About 70% of its business is home health, including private duty, with hospice care comprising 30%.

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Hospice Multiples Unlikely to Drop

Hospice News

While a range of publicly traded companies and private equity firms have nevertheless snapped up hospices in record numbers, the skyrocketing valuations have led some to wait it out for a price drop. NYSE: CHEM), and the nation’s largest hospice company by market share, according to LexisNexis.

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Future Leader: Melissa Heiss, Vice President of Hospice, Jet Health

Hospice News

The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit [link].

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Publicly Traded Hospice Execs See Signs of Improvement in Labor Market

Hospice News

Some hospice company leaders have signaled the labor market may be showing signs of stabilization. The note showed that the high rate of inflation is driving higher than average payment rate increases with insurance plans in their 2023 contracts.

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