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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. In this story, Hospice News highlights the growth strategies of several providers.

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. Expanding hospice care in the senior community will allow for improved support and care collaboration, according to Angela Hospice President and CEO Marti Coplai.

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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. This followed its $5.4

2024 278
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Addus to Acquire Tennessee Quality Care for $106 Million

Hospice News

Tennessee Quality Care operates 17 locations serving an average of 1,800 patients daily throughout 50 of the 95 counties in its home state. About 70% of its business is home health, including private duty, with hospice care comprising 30%. The deal is set to close in the third quarter of the year. “We

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How California Began Expanding Palliative Care Via Medicaid

Hospice News

Over the course of the six-month pilot, providers received a 95% patient satisfaction rate, while saving $3 in hospital bills for every $1 spent toward palliative care. Cotter has been a board certified physician in family medicine since 1981 and worked as a hospice medical director from 1988 to 1989.

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Palliative Care Momentum Growing Among Hospice Providers

Hospice News

Hospices are increasingly eying palliative care as a promising growth opportunity, prioritizing expansion in that field over other health care service lines. 2023 Hospice News Outlook Survey and Report. Palliative Care News photo).

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Keys to Effective Palliative Care Training Models

Hospice News

Emerging training models More palliative care education pathways have emerged in recent years, including a virtual reality-based training program that Brigham and Women’s Hospital launched into developing in November 2023. Luke’s Hospice & Palliative Medicine’s program. In 2022 Nashville-based HCA Healthcare Inc.