Hospice of the Chesapeake has exceeded its growth expectations since its 2020 acquisition of Hospice of Charles County.
At the transaction’s closing, the acquisition boosted Hospice of the Chesapeake’s average daily census to more than 620, up from 580. Since then, the nonprofit’s average daily census in the Charles County region has increased 145%, the organization reported.
The organization recently unified all of its affiliates under the Hospice of the Chesapeake brand, including Hospice of Charles County and Calvert Hospice, which it acquired in April 2022. The financial terms of the transactions were undisclosed.
“Since the acquisition of each affiliate, residents of Charles and Calvert counties have benefitted along the entire care continuum that includes supportive, hospice and grief care,” Chesapeake indicated in a press release. “These benefits include community-based palliative care, community education and awareness, increased options for grief support, and more help in navigating the journey of advanced illness.”
The hospice recently updated local communities on its progress at a local event hosted by Mac Middleton, a former state senator from Charles County.
Hospice of Charles County and Hospice of the Chesapeake had collaborated for several years on inpatient care and pediatric services. Discussions of a possible acquisition began late in 2019 when the organizations were considering the launch of a joint palliative/supportive care program.
In addition to the census growth, Chesapeake has also completed renovations to its hospice center in Charles County, financed with philanthropic dollars and a $200,000 Maryland bond secured with the aid of state legislators representing the county they serve.
Updates included new floors, decor and painting, along with remodeled patient rooms featuring new beds, smart TVs and family seating and sleeping areas.
“Nothing is more important to us than knowing everyone who needs hospice and supportive care has access to those services and understands how we can support their family,” said Mike Brady, president and CEO of Hospice of the Chesapeake during a ribbon-cutting ceremony for the center. “And when I say ‘us,’ I mean everyone at Hospice of Charles County and Hospice of the Chesapeake.”
Seniors 65 and older account for 12.9% of the population in Charles County, according to the U.S. Census Bureau, and represent 15.9% of the state’s overall population. Maryland’s population of individuals 60 and older is projected to outpace other age groups by 2030.
Companies featured in this article:
Calvert Hospice, Hospice of Charles County, Hospice of the Chesapeake
