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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. increase in hospice revenue during Q3, which reached $50.4 Its hospice segment earned $53.1 year over year.

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

Hospice News

Currently, nine of the company’s locations are hospices, with more expected in the coming years. Hospice is a smaller part of what we have today, but we’re excited to make that a bigger part and bring hospice into our other operating states. My roots are in home care. NYSE: EHAB). We’ll definitely see expansion.

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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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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%. The company’s net service revenue reached $251.6

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Hospice Multiples Unlikely to Drop

Hospice News

A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Thus, these assets have come at a premium in recent years, with hospice multiples r eaching as high as 29x in 2020.

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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. What drew you to the hospice industry?

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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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