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St. Croix Expands in Illinois, Acquires Lexington Hospice Care

Hospice News

The company entered the Illinois market last year through a prior transaction. Croix’s Illinois footprint, according to CEO Heath Bartness. This group was also a great fit for us from a geographic perspective due to its proximity to our existing Illinois locations,” Bartness told Hospice News. based Lexington Hospice Care.

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Residential Home Health and Hospice Expands Via Tutera Senior Living Partnership

Hospice News

The organization also serves communities in Florida, Illinois, Kansas, Michigan, Ohio and Pennsylvania. Also last year, Residential acquired Illinois-based Safe Haven Hospice from the senior living provider Christian Horizons for an undisclosed sum. The transaction expanded Residential’s presence in four Illinois counties.

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The Hap Foundation, Illinois Hospice and Palliative Care Organization Reach New Management Agreement

Hospice News

The Illinois Hospice and Palliative Care Organization (IL-HPCO) has penned a three-year association management contract with The HAP Foundation to provide counsel and operational support. The post The Hap Foundation, Illinois Hospice and Palliative Care Organization Reach New Management Agreement appeared first on Hospice News.

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Illinois Bill to Allow 16 Hospice Locations Per County, Up from 5 

Hospice News

The Illinois legislature has passed a bill that would increase the maximum number of licensed hospice locations in each of the state’s counties to 16, up from five. Illinois Sen. More than 57,000 Illinois residents enrolled in hospice during 2021, a utilization rate of about 47%, according to the U.S. Pritzker (D).

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Elea Institute Seeks to ‘Reimagine’ the Medicare Hospice Benefit

Hospice News

Elea is a nonprofit foundation established with funds from Addus HomeCare Corps (NASDAQ: ADUS) $85 million acquisition of the Illinois-based nonprofit JourneyCare last month. A portion of the proceeds of the sale went to establish the institute, funds that are expected to fund its programs into the long term.

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Inside New Day Healthcare’s Acquisition Strategy

Hospice News

Since its founding in 2020, New Day has completed two such transactions Phoenix Home Care and Hospice in Missouri, Kansas and Illinois; and Home Care Providers in Texas, a statewide organization. Those three things must align New Day Healthcare cares from more than 150,000 patients annually across Texas, Missouri, Kansas and Illinois.

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DOJ’s Lawsuit Against Amedisys, UnitedHealth Group Set for Mediation

Hospice News

The state attorneys general of Maryland, Illinois, New Jersey, and New York are also plaintiffs in the suit. The DOJ alleges that UnitedHealth Group is overcoming the competition by acquiring them rather than beating them in the market. The insurance mammoth last year also purchased the home health and hospice provider LHC Group for $5.4

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