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Legacy Acquires HomeCare Hospice

Hospice News

Legacy Hospice has acquired Mississippi-based HomeCare Hospice for an undisclosed sum. HomeCare Hospice operates four locations that cover most of its home state. By 2023, the bureau estimates that more than a quarter of the state’s residents will be older than 60, an increase of close to 40% since 2012.

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Addus HomeCare to Accelerate Acquisition Activity

Hospice News

Though the acquisition market has slowed down this year for home-based care companies, Addus HomeCare Corp. All told, Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states. Its hospice segment earned $53.1 NASDAQ: ADUS) remains on the hunt.

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Hospices Expect Forward Momentum on Labor in 2023

Hospice News

Seeds of optimism are taking root among hospice providers that industry-wide labor pressures may improve this year. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others. I’m probably more excited about it than I’ve been in a few years.”

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The Most Significant Hospice Deals So Far in 2023

Hospice News

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. But in 2023, private equity activity slowed from its formerly frenzied pace.

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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. The company in Q4 of last year saw a 33.9%

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Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

As hospices zero in on their investments in staff engagement and operational efficiencies, organizational culture is becoming a higher priority. Hospices nationwide are taking varied approaches around how they fuel staffing investments with sustainable growth in mind. 2024 Hospice News Outlook Survey and Report.

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Voices: Brandy Sparkman-Beierle, Chief Clinical Officer, Homecare Homebase

Hospice News

This article is sponsored by Homecare Homebase. In this Voices Interview, Home Health Care News sits down with Brandy Sparkman-Beierle, Chief Clinical Officer, Homecare Homebase, to talk about why clinicians are pitted against their technology resources, driven by a desire to spend their time helping people, not documenting.

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