Hospice News

MAY 24, 2024

Now, the company may be poised for more deals, Michael Witzeman, vice president, CFO and controller at Chemed said during the Bank of America Securities Health Care Conference. “We Financial terms were not disclosed in these deals. The post Publicly Traded Hospice Companies Poised for Deals appeared first on Hospice News.

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Hospice News

JUNE 10, 2024

Post-transaction, Addus will continue with a leverage ratio of less than 3x, with the ability to further that amount with the influx of revenue resulting from this deal, Addus Chairman and CEO Dirk Allision said in a statement. “We The post Addus to Acquire Gentiva’s Personal Care Business in $350M Deal appeared first on Hospice News.

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Hospice News

JULY 11, 2024

This deal is a great example of that.” The deal is expected to contribute an incremental 13% boost to Pennant’s revenue, coupled with a 25% increase in home health admissions and a 3% jump in hospice ADC, according to Scott Fidel, analyst for Stephens, in a research note.

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Hospice News

JULY 17, 2024

The Amedisys deal is among a slew of large acquisitions by Optum, which include the home health and hospice provider LHC Group and the health care tech company Change Healthcare. The post Optum Fuels Growth for UnitedHealth Group with Amedisys Deal in the Wings appeared first on Hospice News. Optum closed its $5.4

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Hospice News

AUGUST 31, 2023

The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. The majority of the 13 publicly announced hospice and home health deals in 2023 have involved “bolt-ons,” or smaller entities, Kulik stated. A number of trends have shifted.

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Hospice News

NOVEMBER 8, 2023

These deals expanded the home health, hospice and senior living company’s presence in California, Arizona, Oklahoma and Texas and include a mix of existing operations as well as license purchases. Among the deals was the purchase of Guardian Hospice and Guardian Hospice of Oklahoma for an undisclosed amount earlier this month.

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Hospice News

MARCH 1, 2024

Most of our deals are proprietary. Our pipeline has 100 potential deals in it at any point in time. We’re very measured and deliberate about the deals we do.” The post BrightSpring Poised for Deals, Expansion Following IPO appeared first on Hospice News.

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Hospice News

JANUARY 10, 2023

The deal reflects the growing interest among the health care and business communities in the therapeutic potential of psychedelics, such as psilocybin, MDMA, ketamine and LSD. This deal follows a series of regulatory developments in the United States and Canada, where Psyence is headquartered.

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Hospice News

JANUARY 5, 2023

Though buyers remain hungry for hospice acquisitions, smaller deals will likely be the most prevalent during 2023. The number of hospice and home health deals fell by nearly a third last year, though a few “megadeals” have driven up transaction values. Deals 2023 Outlook Report. billion deal for LHC Group (NASDAQ: LHCG).

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Hospice News

JUNE 5, 2023

billion deal with Option Care Health (NASDAQ: OPCH). “On The post With Option Care Deal Pending, Optum Makes Bid for Amedisys appeared first on Hospice News. This marks Optum’s second attempt to purchase a massive home health and hospice company. The UnitedHealth Group subsidiary closes its $5.4

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Hospice News

APRIL 19, 2023

The Summit transaction is the first sign that LHC Group is still in the M&A game following the Optum deal. Historically a major buyer in the space, this could signal a resurgence in activity for the Louisiana-based provider, particularly as the volume of private equity deals starts to slump due to rising interest rates and other factors.

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Hospice News

OCTOBER 4, 2022

The Foothills deal gave Agape its first foothold in North Carolina. . The financial terms for each of those deals were confidential. “Our The post Agape Expands to Alabama, Louisiana with Journey Hospice Deal appeared first on Hospice News.

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Hospice News

OCTOBER 5, 2022

The deal came at the right place at the right time for both parties, according to St. Croix pursued the deal. “In Croix Hospice Moves Into Indiana with Adaptive Deal appeared first on Hospice News. The hospice provider is a portfolio company of the private equity firm H.I.G. Croix Hospice President and CFO Stephen Phenneger. “We

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Hospice News

AUGUST 1, 2023

The deal makes Tennessee the third state in which Addus offers all three of its core services, along with New Mexico and Illinois. The post Addus Completes Tennessee Quality Care Deal, Anticipates More Transactions appeared first on Hospice News.

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Hospice News

APRIL 25, 2024

Announced in March, the deal marked the company’s first purchase in several years. We’re very bullish on the pipeline [and] the potential to be able to do these kinds of deals over the next couple of years,” Wickman said. “We The hospice and palliative provider offers care across 15 states and in the District of Columbia.

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Hospice News

MAY 11, 2023

This deal also comes on the heels of two other huge transactions, Humana Inc.’s In these conditions, the acquisition appears to be a good deal for Option Care Health, but the jury is still out for Amedisys, according to Mertz Taggart Managing Partner Cory Mertz. The terms of the deal represent a “bet on the future,” according to Kulik.

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Hospice News

SEPTEMBER 1, 2022

The post Walgreens Closes $300 Million CareCentrix Deal appeared first on Hospice News. “Together with Walgreens Health, CareCentrix is able to combine Walgreens trusted community presence with our powerful technology-enabled care to better address patients’ unique health needs in their homes.”.

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Hospice News

SEPTEMBER 7, 2022

The massive deal follows a months-long bidding process that included Amazon (NASDAQ: AMZN) and UnitedHealth Group (NYSE: UNH) as prospective buyers, among others. Sweetening the deal is the opportunity for CVS to leverage Signify’s tech platform, including those developed by Accountable Care Organization (ACO) management firm Caravan Health.

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Hospice News

NOVEMBER 17, 2022

Despite a slowdown this year, deal volume in hospice M&A remains strong and continues to outpace other health care sectors. The prior two years saw hospice deal record highs in terms of volume and valuations, propelled by favorable demographics, rising demand for care in the home, and the promise of health care cost savings.

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Hospice News

NOVEMBER 27, 2022

“Hospice transactions are more complicated than just your average business deal,” Burns said in a recent Husch Blackwell podcast. “On The number of hospice PE deals has hit record numbers in 2020 and 2021, but the pace may be slowing this year. Regulators’ gaze on hospice has sharpened in recent years. “We

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Hospice News

JANUARY 11, 2023

But that doesn’t mean that home health deals are off the table, Carlisle said during the conference. The post <strong>Enhabit Refocusing on Value-Based Programs, Seeking Hospice Deals</strong> appeared first on Hospice News. It doesn’t mean we would not consider home health acquisitions.”.

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Hospice News

JUNE 16, 2022

The Complete Oklahoma deal clears the way for the company to launch a de novo in the burgeoning Texas market, according to Alex Veach, director of operations for the M&A advisory firm Agenda Health. “By The post Complete Oklahoma to Expand in Texas with License Deal appeared first on Hospice News.

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Hospice News

MAY 12, 2022

After taking a short break to focus on integration of its late 2021 acquisitions, Aveanna is back on the lookout for additional deals. . We will continue to remain disciplined in our approach to transactions focusing only on those deals where price consideration and synergies produce accretion for our shareholders.”.

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Hospice News

FEBRUARY 21, 2024

The post Amedisys Sees Revenue Growth with Optum Deal in the Wings appeared first on Hospice News. Its high-acuity and palliative care segment, Contessa, saw an operating loss of $5.9 million in Q3, an improvement from $6.6 million in 2022.

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Hospice News

JUNE 22, 2022

Optum announced the forthcoming deal in April. Myers, LHC Group’s chairman and CEO when the deal was announced. Soon after, the company engaged investment banks SVB Securities and Jeffries to lay the groundwork for a deal, according to the May SEC filing.

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Daily Nurse

MARCH 21, 2024

Nurses deal with all kinds of patients, and some interactions are more challenging than others. The post How Do You Deal With “Difficult” Patients? Some patients get labeled as “difficult”. How we think about patients is important and can significantly impact the nurse-patient relationship and quality of care.

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Hospice News

FEBRUARY 27, 2023

” The post Gentiva Inks Deal to Acquire Heartland Hospice from ProMedica for $710 Million appeared first on Hospice News. . “For ProMedica, this transaction is an important step toward simplifying our organizational structure and ensuring our long-term financial strength.”

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Hospice News

SEPTEMBER 1, 2023

So I’m gonna give you a good deal if you can close within a certain number of days.” There are folks who would take that deal. The post Attorney Ari Markenson: 36-Month Rule Will Have Cooling Effect on Hospice Deals appeared first on Hospice News. And they may say to you, “I’ve got my state license.

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Today's Caregiver

JULY 30, 2024

The following is a comment from a family caregiver who is dealing with guardian/conservatorship she feels is exploiting her loved one. This is a growing problem in the US. Please read and share your comment/experience/opinions

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Daily Nurse

DECEMBER 11, 2023

The post How Nursing Students Can Deal with Test Anxiety first appeared on Daily Nurse. It’s also helpful to know that other students struggle with exam stress, so focusing on your progress and trusting in your abilities is a great way to let your test anxiety go.

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Hospice News

NOVEMBER 29, 2023

The post Principles Underlying Optum’s Home-Based Care Deals appeared first on Hospice News.

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Hospice News

MAY 5, 2023

Case in point, Arizona home health locations that Pennant purchased in 2021 saw year-over-year revenue increases of 48% within four quarters of sealing the deal. The post The Pennant Group Reinforcing Local Executive Teams While on the Hunt for Hospice Deals appeared first on Hospice News. The Pennant Group, Inc.

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Hospice News

OCTOBER 14, 2022

The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. The Instant Care deal marks a significant step forward in the company’s overall goal to extend its continuum of services and expand throughout the Southwest, according to Jackson.

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Hospice News

AUGUST 2, 2022

The company’s deal pipeline has experienced “strong growth” in the past few months, according to Jacobsmeyer. The post Enhabit Battles Labor, Capacity Constraints With Hospice Deals in the Wings appeared first on Hospice News. Enhabit currently operates 99 hospice locations and 252 home health locations across 34 states.

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Nurse.com

NOVEMBER 9, 2023

Because of the hard work you do all year long and your steadfast commitment during the holidays, we’ve crafted a list of companies that offer Black Friday deals for nurses and other deals and discounts you can take advantage of. This holiday season, the following nurse-owned businesses want to share their own deals.

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Hospice News

MAY 11, 2022

In part, this is because a range of buyers scrambled to complete deals during late 2021 and are now focused on integrating those assets. . But the volume of hospice deals for private equity firms rose 30% to 50% during the past two years, reaching a record high , according to the M&A advisory firm The Braff Group.

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Hospice News

MAY 5, 2022

million in Q1, spurred by the record number of deals the company completed during 2021. The most significant 2021 deal for LHC Group was the purchase of home health and hospice locations in 28 states from the joint venture between Brookdale Senior Living (NYSE: BKD) and hospital system HCA Healthcare (NYSE: HCA).

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