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New Day Healthcare Acquires Compassion Hospice

Hospice News

The home health and hospice provider New Day Healthcare has acquired Texas-based Compassion Hospice for an undisclosed amount. The company’s nearly 6,500 employees serve close to 100,000 patients annually across all of its business lines, including home health, hospice, pediatrics, clinical decision support and personal care.

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Aveanna Healthcare’s ‘Strong, Disciplined’ Hospice Growth

Hospice News

Though hospice is a smaller segment for Aveanna Healthcare Holdings Inc. Aveanna’s home health and hospice segment has had mixed results thus far this year, but saw recent improvement, along with its other service lines, last quarter. It provides home health, hospice, private duty and personal care. million, a 6.3%

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Aveanna’s Home Health, Hospice ‘Turnaround’

Hospice News

NASDAQ: AVAH) has seen improvement within its hospice and home health segment. The last two years have brought some turbulence in Aveanna’s hospice and home health admissions and revenues. The business we’re most proud of is the rebound of our home health and hospice business,” Shaner said in today’s earnings call. “A

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Addus Projects ‘Strong, Steady’ Hospice Growth Amid Lingering Pandemic Census Headwinds

Hospice News

NASDAQ: ADUS) saw hospice growth in 2023, despite lingering pandemic-related challenges around daily census. The company anticipates growth in its personal care business in 2024, which will have a reverberating impact in its hospice and home health service lines. Addus HomeCare Corp. million in the fourth quarter, an 11.9%

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Hospices Leverage Tech To Combat Staffing Woes

Hospice News

Hospices are beginning to leverage technologies used to identify eligible patients in need to recruit and retain staff amid ongoing workforce shortages. Systems like artificial intelligence (AI), predictive analytics, and machine learning have helped providers identify eligible patients sooner in their disease process.

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Jet Health Acquires Trio Home Health and Hospice

Hospice News

has acquired Trio Home Health Care and Hospice, growing its reach in the Lone Star State, which is a key focus area for the company. This latest acquisition fills our quest to expand our geographic footprint within our primary service areas,” said Jet Health CEO Stace Bratcher in a statement shared with Hospice News.

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Addus Expects ‘Bit of Bumpiness’ in Hospice, Looks to Further Grow Home Health Business

Hospice News

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. Addus’ more than 33,000 employees serve around 46,500 patients across roughly 200 locations nationwide. Addus’ hospice census rose along with the company’s staffing volumes.

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