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Legacy Hospice Acquires Safe Harbor

Hospice News

Overall, both buyers and sellers remain “bullish” on transactions in Missouri, according to Alex Veach, director of transaction services for the M&A advisory firm Agenda Health. With the additional coverage area of Safe Harbor, Legacy can provide the hospice benefit to broader rural communities in southeastern Missouri.”

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VITAS  CEO Westfall: Market Conditions More Favorable for Hospice Acquisitions

Hospice News

A range of factors contributed to the decline, including the more intensive regulatory activity, as well as rising interest rates and inflation, macroeconomic issues and gaps between sellers’ valuations and the amounts that buyers were willing to pay. Sellers are understanding the market and climate more than they used to.

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Canyon Exec Norris: Hospices Without Home Health, Ancillary Services Will Struggle

Hospice News

The vast majority of our growth has been organic, with us first focusing on hiring the best clinicians and then working to grow our census. Sellers are still asking for valuations set by private equity groups and financial buyers during 2019 and 2020. Canyon recently acquired Uintah Basin Home Health and Hospice.

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CMS Proposes ‘36-Month Rule’ to Curb Hospice License ‘Flipping’

Hospice News

A number of companies advertise their licenses on websites designed to connect buyers and sellers across a range of industries, including hospices. Some individuals also hold management positions at several of these hospices simultaneously. Beth Van Duyne (R-Texas) and Earl Blumenauer (D-Ore.)

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Voices: Mark Kulik, Senior Managing Director, The Braff Group

Hospice News

That has been invaluable because I’m highly confident that I can best represent my clients since I’ve been in their shoes. From the seller’s perspective, what should owners keep in mind if they intend to sell their business during the next 12 to 24 months? In fact, history repeats itself.

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Agape Care CEO Yarborough: Consistency Essential to Multi-state Hospice Expansion

Hospice News

And I think you had a disconnect between seller expectations and ultimate valuation. We want that consistency, because that is how we can best deliver care to patients. We’re well capitalized and in a good position, continuing to look for assets that make our company better. We struggled to find those assets in 2023.

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Voices: Exploring Today’s Hospice M&A Landscape with The Braff Group’s Mark Kulik

Hospice News

He also explains how owners can best prepare to sell in today’s hospice landscape, whether they are ready or not. Our best information indicates that Agape Hospice Care did four, and St. Given the current elongation and granularity of the buyer’s due diligence process sellers are faced with a new challenge.

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