Hospice News

JUNE 4, 2025

This is according to a document that the insurance and health care services giant prepared in advance of its annual shareholder meeting. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 Last summer, the U.S.

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Hospice News

MAY 5, 2025

BrightSpring Health Services (Nasdaq: BTSG) stands to substantially expand its footprint through its pending deal to acquire a number of care centers from Amedisys Inc. These three companies are all affiliates of BrightSpring Health Services (Nasdaq: BTSG). The home health suite of services generated $178 million in Q1, a 20.9%

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Hospice News

MAY 12, 2025

Department of Justice (DOJ) has rejected the sale of Amedisys (Nasdaq: AMED) home health and hospice assets to BrightSpring Health Services Inc. Amedisys offers home health, hospice and palliative care, among other services to more than 465,000 patients annually across 38 states and Washington D.C.

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Hospice News

NOVEMBER 5, 2024

The company acquired Gentiva’s personal care business for $350 million in June, which provides services to more than 16,000 clients daily across seven states. Its hospice service line brought in $57.3 Addus provides personal care, home health and hospice to more than 48,500 patients across 22 states. Addus’ total revenue reached $289.8

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Hospice News

NOVEMBER 6, 2024

Choice provides home health care, hospice, home care and rehab services across its footprint. Within that $260 million, Choice established a $190 million senior credit facility with Oxford Finance LLC, AB Private Credit Investors and Maranon Capital, in addition to a $70 million subordinated credit agreement with Athyrium Capital Management.

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Hospice News

DECEMBER 3, 2024

She was previously the owner and CEO Liberty Health Services and prior to that, she was founder and CEO of Homecare Homebase. Encompass Health has long contended that Anthony and her colleagues allegedly used unethical practices to establish VitalCaring as the Enhabit spinoff got underway.

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Hospice News

JUNE 9, 2025

A majority of the organization’s 85 hospice staff voted to formalize a union agreement following six months of organization. Case in point, unionized staff at Providence Hospice of Sonoma County in California in September 2024 reached a labor agreement with their employer. In Oregon, nurses at St.

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Hospice News

DECEMBER 19, 2024

The health system retains ownership of HHCAH, with Pennant providing financial support services, human resources advising, information technology and other management consulting services. Pennant and HHCAH began partnering in June when the companies penned a management and consulting services agreement. and companionship.

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Hospice News

MAY 2, 2025

The advance care planning tech company Koda Health is partnering with the AI-enabled health care services platform Guidehealth to enhance goals-of-care documentation. The Guidehealth agreement represents a natural expansion of Koda Healths cadre of partnerships, according to Kodas Chief Medical Officer Dr.

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Hospice News

APRIL 1, 2025

The organization now provides hospice and palliative care services in the counties of Kenosha, Milwaukee and Racine, Wisconsin. We are continually exploring opportunities to expand into new regions where there is a need for quality hospice and palliative care services.

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Hospice News

APRIL 24, 2025

The companys net service revenue rose $23.4 The home health and hospice provider offers home health, hospice and palliative care, among other services to more than 465,000 patients annually across 38 states and Washington D.C. million to $594.8 million in the first quarter of the year compared to $571.4 million in Q1 2024.

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Hospice News

JUNE 20, 2023

Centers for Medicare & Medicaid Services (CMS) issued waivers that allowed hospices to perform routine home care visits virtually during the pandemic, as well as conduct face-to-face recertification visits. It is also key to think through who your business associates are, and be sure that business associate agreements are in place.”

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Hospice News

JANUARY 7, 2025

Amedisys in June announced an agreement to sell some of its locations to the private equity-backed home health and hospice provider VitalCaring. The agreement included potentially more than 100 locations. Amedisys (Nasdaq: AMED) has halted the divestiture of some of its home health and hospice locations to Texas-based VitalCaring.

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Hospice News

NOVEMBER 7, 2024

The transaction involves two separate purchase agreements, with one projected to complete by August 1 and the other by January 1, pending customary closing conditions and regulatory approval processes. The Pennant Group agreed to acquire Signature Healthcare at Home’s hospice and home health assets for a price tag of $80 million.

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Hospice News

AUGUST 23, 2024

She previously served as CEO of HomeFree Pharmacy Services. Interim, a portfolio company of Caring Brands International, is a national franchisor of home care, home health, hospice and medical staffing services. The Separation Agreement will not become effective and enforceable until the seven-day revocation period has ended.

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Hospice News

NOVEMBER 14, 2023

Enhanced care coordination … supports improved patient outcomes, fewer duplicated services and reduced health care costs,” Davis said in an email. Creating customized agreements based on the needs and priorities of their partners has worked well for both Contessa and PalliCare.

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Hospice News

JULY 17, 2024

Palliative care provider Tuesday Health has penned an agreement with the Medicare Advantage organization CareSource to offer services to its beneficiaries. Tuesday Health’s supportive care services operate on hybrid in-person and virtual models, according to Dr. Mihir Kamdar, head of care delivery of Tuesday Health.

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Hospice News

MAY 2, 2025

These three companies are all affiliates of BrightSpring Health Services (Nasdaq: BTSG). Amedisys offers home health, hospice and palliative care, among other services to more than 465,000 patients annually across 38 states and Washington D.C. and Tensaw River Healthcare, LLC, affiliates of The Pennant Group (Nasdaq: PNTG).

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Hospice News

MAY 14, 2024

After more than a year of negotiations, the Oregon Nurses Association (ONA) labor union has reached an agreement with PeaceHealth. A one-time bonus for nurses still with PeaceHealth Sacred Heart Home Care Services in Jan. In August 2023, PeaceHealth reached an agreement with hospital nurses that raised wages 8%.

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Hospice News

MAY 8, 2025

The company provides adult and pediatric hospice, home health private duty nursing and medical solutions, among other services. Aveannas private duty services revenue hovered at $460 million, seeing a 16.5% Aveanna anticipates adding three home health- and hospice-related payer agreements in the near future, he added.

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Hospice News

SEPTEMBER 6, 2024

Unionized staff at Providence Hospice of Sonoma County in California have reached a labor agreement with their employer. The post Unionized Hospice Workers Reach Agreement with Providence Health System Amid Growing Trend appeared first on Hospice News. The deal marks another instance of growing union activity in the hospice space.

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Hospice News

JULY 12, 2024

Unity Hospice and Palliative Care has signed an agreement to become part of Illinois-based Northwestern Medicine’s Post-Acute Network (PAN). The agreement establishes the hospice as a preferred provider for referrals from the health system, which is affiliated with Northwestern University in Evanston, Illinois. “We million people.

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Hospice News

AUGUST 1, 2024

The two hospice providers in February announced the affiliation after signing a letter of intent to enter a Management Services Agreement. With the finalized agreement, HNCO is now part of Hospice of the Western Reserve. About 80,150 Medicare decedents in Ohio utilized hospice services in 2021, according to the U.S.

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Hospice News

JANUARY 14, 2025

The two organizations recently entered into an agreement, which is anticipated to close in the first quarter of 2025, pending regulatory approvals. Mayo Clinic Health System provides a range of services, including hospice, across Minnesota and Wisconsin. As far as its future pipeline, St.

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Hospice News

JANUARY 9, 2025

It is part of our ongoing efforts to meet the growing demand for specialized end-of-life care services, and we are grateful to all those who have and continue to entrust us with their patients and loved ones care. The company has an average daily census of 21,977 and operates 27 inpatient hospice units across its geographic service area.

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Hospice News

FEBRUARY 27, 2025

The companys hospice business saw net service revenues of $21.29 For the full year 2024, net service revenue reached $82.58 On a consolidated basis, company-wide net service revenue hit $59.8 million during the fourth quarter of 2024, up from $20.6 million year over year. million, an increase from $79.8 million in 2023.

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Hospice News

DECEMBER 9, 2024

Gentiva has filed a lawsuit against Bristol Hospice alleging that a former employee violated agreements with the company, including those for noncompetition and confidentiality. Gentiva also alleges that Bristol employees made false statements regarding their services to referral sources, a local news outlet reported.

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Hospice News

NOVEMBER 8, 2023

Enhabit has since begun a strategic alternatives review process, which included a review of the company’s financial reports in assessing whether it has satisfied conditions of its Tax Matters Agreement (TMA) with Encompass following the spinoff. Other payer agreements would be helpful to be seen as a more full service provider.

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Hospice News

JULY 18, 2024

The transaction involves two separate purchase agreements, with one projected to complete by August 1 and the other by January 1, pending customary closing conditions and regulatory approval processes. To facilitate the collaboration, Pennant is opening a new service center in the Hartford HealthCare service region.

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Hospice News

FEBRUARY 15, 2023

It now has another reason to be excited: a new contracting agreement with a key payer. On Wednesday, the Baton Rouge, Louisiana-based Amedisys announced a new agreement with BlueCross BlueShield of Tennessee to deliver home-based palliative care to the insurer’s millions of members. million members overall.

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Hospice News

SEPTEMBER 9, 2024

The organizations, both nonprofits, indicated that the affiliation would enable their combined company to expand geographically and further extend their scope of services, while contributing to their financial strength, according to a press release. Centers for Medicare & Medicaid Services.

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Hospice News

MAY 8, 2024

(NASDAQ: AMED) has agreed to divest upwards of 100 home health and hospice locations to an undisclosed private equity buyer as the company addresses regulators’ antitrust concerns in its pending acquisition by the UnitedHealth Group’s (UNH) health care services arm Optum. The news came in a recent social media post from The Capitol Forum.

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Hospice News

JUNE 22, 2022

The purchase agreement stipulates that UnitedHealth Group will acquire LHC Group’s common stock for $170 per share. The acquisition agreement includes new employment contracts with Myers and LHC Group President Joshua Proffitt, which became effective at closing. Myers per the agreement will receive a sign-on payment of $5.5

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Hospice News

JUNE 26, 2023

The agreement is subject to Amedisys shareholder approvals, regulatory approvals and other customary closing conditions.” The agreement with Optum terminates Amedisys’ prior deal with Option Care, which was announced on May 3. Securities and Exchange Commission (SEC) filing. per Amedisys share, including the assumption of net debt.

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Hospice News

OCTOBER 15, 2024

In addition to other services OptumHealth holds a substantial home health and hospice business. Optum last June penned its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 Optum health revenues grew by over $2 billion and are approaching $26 billion. billion in Q3, up $7.2

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Hospice News

OCTOBER 12, 2022

Centers for Medicare & Medicaid Services (CMS) is replacing the Global and Professional Direct Contracting (GPDC) model with ACO REACH. Other new features include expansion of the services that nurse practitioners can provide and additional rules to tighten oversight, governance, and compliance. Effective Jan. 1, 2023, the U.S.

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Hospice News

JUNE 20, 2024

The Pennant Group (NASDAQ: PNTG) has inked a management and consulting services agreement with Hartford HealthCare at Home (HHCAH). The health system retains ownership of HHCAH, with Pennant providing financial support services, human resources advising, information technology and other management consulting services.

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