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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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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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Hospices See Growth Opportunities with Physician Offices, Memory Care

Hospice News

Hospice providers are increasingly focused on memory care settings and physician offices as referral sources. Though many hospices see facility-based care as their primary referral engines, a growing base of providers are seeking ties to community-based organizations to increase access and utilization this year. Among those, roughly 6.7

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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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Going Forward, Hospice CEOs Must Be Well-Versed in Data Analysis

Hospice News

The next generation of hospice CEOs will need to be data-savvy to succeed. Data is more crucial to hospice businesses than ever before when it comes to payer and referral partner contracting, compliance and building their census. This is especially true if you’re trying to show the value of something,” Dombi told Hospice News.

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Hospice, Palliative Providers Strategize to Reach Underserved Communities

Hospice News

But defining the range of communities that specifically lack access to hospice and palliative care can be a moving target. Hospices should apply a wide and varied lens when examining the populations in greatest need of end-of-life care, Garrett indicated. Hospice News photo.) But it’s important to lean towards other communities.

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How the 2023 Home Health Rule Could Change the Game in Hospice M&A

Hospice News

The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice.

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