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Hospice Market to Nearly Double by 2030; Palliative Care to See Large Gains

Hospice News

Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. A large concern is whether there will be enough hospice and palliative care providers to keep pace with demand, according to Brian Tanquilut, equity analyst in health care services at investment banking company Jeffries LLC.

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Addus Acquires Apple Home Healthcare

Hospice News

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. for an undisclosed sum. currently, according to the U.S.

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Avera at Home Gets Personal with Kore Cares Joint Venture

Hospice News

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

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Compassus, VNS Health Team Up to Manage End-of-Life Care for Medicare Advantage Payers

Hospice News

Compassus and VNS Health have formed a value-based collaboration aimed at improving access, awareness and quality of hospice and palliative care services. The two home-based care organizations are joining forces in a Medicare Advantage (MA) Value-Based Insurance Design (VBID) model partnership. Recently, the U.S.

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Jet Health Acquires Trio Home Health and Hospice

Hospice News

Now, with our 10 locations statewide, coupled with a strong, solid network of caregiving professionals throughout all our service areas, we are well-positioned to meet the home health care and hospice needs of Texans.”. Seniors are expected to make up more than 20% of the state’s population by 2030, up from 12.9%

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Former VITAS Manager Becomes VP of Operations; Hawaii E.D. Doc Turns Hospice Medical Director

Hospice News

In addition to hospice, the nonprofit provider also offers palliative care and grief support. in 2018, according to the National Hospice and Palliative Care Organization. Though utilization runs low compared to other states, the need for hospice care is high in Hawaii. Hospice utilization in Hawaii reached 45.4%

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 During the past few years, a growing number of hospices have inked agreements to partner with hospital systems to deliver home-based care, often including palliative care or home health. billion, up from $34.5

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