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The Public Hospice Companies Most Likely to Acquire in 2024

Hospice News

After a rocky year for M&A, two of the publicly traded hospice providers are poised to pursue more deals in 2024. Based on 2023 earnings trends, The Pennant Group (NASDAQ: PNTG) and Addus HomeCare Cop. The post The Public Hospice Companies Most Likely to Acquire in 2024 appeared first on Hospice News.

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How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring

Hospice News

In 1999, she also established and led the health care tech firm Homecare Homebase. She went on to found Encompass Health’s (NYSE: EHC) home health and hospice business as its CEO. The post How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring appeared first on Hospice News.

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Where Hospices Are Investing Their 2024 Recruitment, Retention Dollars

Hospice News

Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospice company, Marion indicated. Hospices are increasingly pouring financial resources into staffing development. 2024 Hospice News Outlook Survey and Report.

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Addus to Acquire Tennessee Quality Care for $106 Million

Hospice News

Addus HomeCare Corp. NASDAQ: ADUS) has reached an agreement to purchase the home health, hospice and private duty operator Tennessee Quality Care for $106 million. About 70% of its business is home health, including private duty, with hospice care comprising 30%. for an undisclosed sum the following month.

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Addus Bolstering Workforce, Building Density for Hospice, Home Health, Personal Care

Hospice News

As Addus HomeCare Corp (NASDAQ: ADUS) gears up for expansion, the company is focused on ensuring its workforce can absorb the growing capacity. . Competition with travel nursing firms has been among the drivers of wage increases for hospice companies. Addus has not been immune to the labor headwinds plaguing the industry.

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How CON Laws Influence Hospice Quality, Program Integrity

Hospice News

The hospice market in Las Vegas has vastly changed with a swell of new providers within the last decade, according to Belloumini. Las Vegas was much different in terms of much lower hospice provider numbers, now in the present day we have something between 150 to 180 hospice companies,” Belluomini told Hospice News.

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Hospice Multiples Unlikely to Drop

Hospice News

While a range of publicly traded companies and private equity firms have nevertheless snapped up hospices in record numbers, the skyrocketing valuations have led some to wait it out for a price drop. NYSE: CHEM), and the nation’s largest hospice company by market share, according to LexisNexis.

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