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Addus Sees Hospice Improvements, Plans to Rebalance Home Health-Personal Care M&A Activity

Hospice News

Addus HomeCare Corporation’s (NASDAQ: ADUS) hospice segment is seeing slow but steady improvement as pandemic headwinds ease. Meanwhile, the company’s near-term acquisition sights are set more on home health than in personal care amid potential payment shifts. In Q1 2023, Addus’ hospice segment brought in $49.08

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How Hospice, Behavioral Health May Cross Paths

Hospice News

Hospice and behavioral health care could increasingly intersect in coming years as demand for specialized care grows. But the prevalence of mental health conditions and related concerns like isolation and substance abuse mean that hospice and behavioral health providers may need to find more ways to integrate their services.

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Two CEOs Retire, Three Hospice Leadership Teams Grow

Hospice News

She became a hospice nurse for By the Bay Health in 1996, then named Hospice of Marin, taking on various roles in clinical leadership throughout her more than 27-year tenure. “It Previously known as Hospice by the Bay, the organization rebranded in 2021 to reflect a broadening scope of services.

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Angela Hospice’s New Senior Living Inpatient Facility Michigan-based Angela Hospice recently unveiled plans to open a new inpatient center at a senior living facility. Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. The William B. and Janet B.

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Enhabit Appoints General Counsel; The Denver Hospice Gets New Medical Director

Hospice News

Home health and hospice provider Enhabit, Inc. He most recently served as a partner at Bradley, Arant, Boult, Cummings LLP, where he provided legal advice to health care, banking and environmental companies, among others. Enhabit plans to open 10 hospice de novos each year in its existing home health markets.

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Elara Caring Acquires of Assisted Daily Living

Hospice News

Texas-headquartered hospice and home health company Elara Caring has inked a deal to acquire Assisted Daily Living, Inc., The acquisition marks Elara Caring’s entry into the state and is anticipated to close towards the latter part of this year, pending customary regulatory approval. a Rhode Island-based provider.