Hospice News

FEBRUARY 23, 2024

Rising wages, reimbursement pressures and immigration policies are fueling high turnover rates for hospice and personal care aides. It is rare to find individuals who perceive personal care as a career choice, or path. Similar trends are proliferating among hospitals and health systems that provide these services.

Hospice aide 291

Hospice aide Hospice Personal care Home healthcare 291

Hospice News

MAY 7, 2024

The personal care, hospice and home health provider is no stranger to acquisitions. We also believe this acquisition strategy will continue to strengthen our ability to participate in value-based contracts with our payers and to adapt to potential reimbursement changes.” Hospice revenue per day was up 3.7%

Homecare 204

Homecare 2024 Personal care 2022 204

Hospice News

JANUARY 8, 2024

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. Compassion Hospice will not rebrand and will retain its current leadership.

Healthcare 279

Healthcare Hospice Care coordination Care coordinator 279

Hospice News

JUNE 28, 2024

“Our relationship-based approach and value-based care mode – combined with our innovative care delivery – has improved patient outcomes in communities nationwide.” The deal marks Elara Caring’s first foray into the Iowa market. Elara Caring’s clinicians serve more than 60,000 patients.

Caregiver 265

Caregiver 2004 2023 Senior care 265

Hospice News

JULY 10, 2024

“Building on our long-standing commitment to providing compassionate, patient-centered care to our communities and leveraging the breadth and experience of Alternate Solutions Health Network, our caregivers will be well-positioned to offer patients even more convenient and personalized care options.”

Hospice 279

Hospice End-of-life care Medicare 2021 279

Hospice News

JUNE 6, 2024

Its parent organization also operates senior living, pharmacy, development, independent living, personal care, assisted living and memory care businesses, among others. The fledgling company offers patients a suite of wraparound services, including for the terminally ill, to support quality of life and aging in place.

Hospice 289

Hospice Long-term care Assisted living Palliative care 289

Hospice News

JUNE 12, 2024

Northrim is in the process of building out its home-based care platform, with Phoenix-headquartered Noble becoming its first hospice acquisition. The transaction took place through Northrim’s portfolio company ITC, a home-based personal care and community services provider.

Palliative care 280

Palliative care Palliate Hospice Long-term care 280

Hospice News

MAY 24, 2024

Addus pursues deals amid rebound Meanwhile, Addus is seeking acquisitions that would pair its home health and hospice services with its personal care business in its existing markets. “While we are encouraged by the progress that we’ve made, we’re even more excited about the foundation that we’ve built in the future that lies ahead.”

Hospice companies 275

Hospice companies Hospice 2024 2023 275

Hospice News

JUNE 29, 2023

Addus expects the transaction to further its goal of co-locating its clinical services in markets where it already has a personal care footprint. We are pleased to expand our market presence in Tennessee with the addition of the Tennessee Quality Care operations. The deal is set to close in the third quarter of the year. “We

Homecare 245

Homecare Long-term care Hospice companies End-of-life care 245

Hospice News

AUGUST 17, 2023

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support.

Companion care 246

Companion care Home care 2004 Housekeeping 246

Hospice News

FEBRUARY 27, 2024

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. The company’s personal care services made up the bulk of its revenue at $204.49 Addus purchased Illinois-based hospice provider JourneyCare Inc. million.

Hospice 148

Hospice 2024 Homecare 2023 148

Hospice News

FEBRUARY 28, 2023

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. Its personal care services reached $183.4 Addus last year began to reorient its strategic growth plans away from hospice and more towards home health and personal care.

Hospice 246

Hospice 2023 2022 Personal care 246

Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. for an undisclosed sum.

Home healthcare 265

Home healthcare Healthcare Homecare 2030 265

Hospice News

JULY 14, 2023

The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about 200,000 patients annually from more than 330 U.S. Mastrapa since 2021 has been an advisor and consultant to multiple health care companies.

Healthcare 234

Healthcare 2016 2021 2018 234

Hospice News

JULY 17, 2024

CareSource is a nonprofit managed care organization with more than 2 million members, offering coverage through Medicaid, the Health Insurance Marketplace and Medicare products. They have the same mission-driven, patient-centered approach as CareSource, and share our passion for innovation, value and operational excellence.

Palliative care 265

Palliative care Palliate 2025 Palliative care resources 265

Hospice News

NOVEMBER 1, 2023

The hospice, palliative care and personal care provider Gentiva has acquired the hospice, home health and palliative assets of the nonprofit health system ProMedica. The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home. NYSE: HUM) for $2.8

Palliative care 265

Palliative care Palliate Hospice 2024 265

Hospice News

JULY 25, 2024

d/b/a/ Covenant Care, provides hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama. The company has provided hospice, palliative care, home health and personal care for more than 36 years. Covenant Health and Community Services Inc., million to $8.7

Assisted living 148

Assisted living 2024 Palliative care Healthcare 148

Hospice News

AUGUST 11, 2022

billion sale of Kindred at Home’s hospice and personal care segments, divesting a 60% stake to the private equity firm Clayton, Dubilier & Rice. Soon thereafter, the company announced plans to divest the hospice and personal care segment. Humana Inc. NYSE: HUM) has completed its $2.8 The post Humana Completes $2.8

Hospice 244

Hospice 2018 2022 Personal care 244

Hospice News

MARCH 8, 2023

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Addus began as a personal care provider in 1979. About six years ago, it began to build its health care services segment, which includes home health and hospice.

Hospice 246

Hospice Homecare 2020 Medicare 246

Hospice News

APRIL 4, 2023

In addition to skilled home health, Enclara’s services include hospice, palliative and personal care, and behavioral health. The acquisition presents opportunities for Elara Caring to fill gaps between its adjacent markets in Connecticut and Massachusetts.

Assisted living 261

Assisted living 2020 Senior care Presentation 261

Hospice News

FEBRUARY 27, 2023

The hospice, palliative care and personal care provider Gentiva has agreed to acquire Heartland Hospice and other assets from the home-based care company ProMedica. The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home. NYSE: HUM) for $2.8

Hospice 246

Hospice Medicare 2021 2023 246

Hospice News

MARCH 15, 2024

Its parent organization also operates senior living, pharmacy, development, independent living, personal care, assisted living and memory care businesses, among others. “We

Hospice companies 246

Hospice companies Hospice Long-term care Assisted living 246

Hospice News

OCTOBER 4, 2022

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. In addition, a rising number of hospice providers are showing interest in the personal care space, often through acquisitions.

2003 246

2003 Rehabilitation services 2018 2008 246

Hospice News

MAY 30, 2024

Hospices generally still command higher valuations than other providers in the home-based care market, such as traditional home health or personal care, Kevin Palamara, managing director at Provident, indicated. Now we’re seeing valuations come down, more significantly for the smaller groups in the space.”

2024 279

2024 Hospice 2022 2021 279

Hospice News

AUGUST 2, 2022

Addus plans to stay busy in the acquisitions market in the latter half of the year into early 2023, targeting primarily personal care and home health deals, according to CEO Dirk Allison. Since 2019, Addus has purchased seven personal care companies and four home health and hospice agencies.

Hospice 243

Hospice 2022 2021 2023 243

Hospice News

MAY 11, 2022

Addus HomeCare (NASDAQ: ADUS) has gone all-in on building out its care continuum. Launched as a personal care provider, the company in 2016 began offering hospice and home health to enhance its value proposition for payers by further reducing hospitalizations and emergency department visits. “If

Homecare 130

Homecare 2019 Feeding 2016 130

Hospice News

FEBRUARY 1, 2024

The company merged with Illinois-based Seasons Hospice & Palliative Care in 2020. AccentCare provides hospice, palliative and personal care, along with home health, non-medical services, care management and high-acuity home care. I’m a strategically focused collaborative and appreciate humor!”

2019 279

2019 Grief 2013 2005 279

Hospice News

MAY 15, 2024

d/b/a/ Covenant Care, provides hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama. The company has provided hospice, palliative care, home health and personal care for more than 36 years. Covenant Health and Community Services Inc.,

Assisted living 265

Assisted living 2020 Palliative care Palliate 265

Hospice News

SEPTEMBER 12, 2022

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

Housekeeping 246

Housekeeping 2030 2016 2018 246

Hospice News

DECEMBER 13, 2023

The Atlanta-based provider offers hospice, palliative and personal care services. Gentiva was born from the former hospice and personal care segments of Kindred at Home. Gentiva is a portfolio company of the private equity firm Clayton, Dubilier & Rice (CDR). NYSE: HUM) for $2.8 billion.

Hospice care 290

Hospice care Hospice Bereavement Social worker 290

Hospice News

OCTOBER 4, 2022

Now, with our 10 locations statewide, coupled with a strong, solid network of caregiving professionals throughout all our service areas, we are well-positioned to meet the home health care and hospice needs of Texans.”. Jet Health also operates hospice, home health, personal care, and private nursing care services under the Klarus brand.

Hospice 245

Hospice 2030 2016 2018 245

Hospice News

AUGUST 29, 2023

Our compassionate doctors and health professionals dedicate the time and resources to provide personalized care by removing barriers and making it easier for patients to navigate health on their terms,” said Dr. Paul Mikulecky, chief medical officer for CareMore Health, in a statement.

Care coordination 242

Care coordination Care coordinator 2024 Palliative care 242

Hospice News

JULY 24, 2023

The organization includes a network of 13 hospitals, 2,600 physicians, a health plan, 400 skilled nursing and rehabilitation centers, memory care communities and outpatient rehabilitation clinics. billion divestiture of Kindred at Home’s hospice and personal care segments. s (NYSE: HUM) $2.8

2012 246

2012 Medicare 2023 Hospice 246

Hospice News

APRIL 18, 2024

d/b/a/ Covenant Care, provides hospice across six cities in the panhandle and northwest region of Florida and in three markets across southeast Alabama. The company has provided hospice, palliative care, home health and personal care for more than 36 years. Covenant Health and Community Services Inc.,

Assisted living 203

Assisted living 2020 2023 Healthcare 203

Hospice News

APRIL 19, 2024

To achieve this, Ferebee, and a steering committee that guided the project, worked with other experts to develop a caregiver training manual that included information that families needed to know about symptom management, medications, personal care, durable medical equipment and other considerations.

Caregiver 262

Caregiver Hospice Information Palliative care 262

Hospice News

AUGUST 31, 2023

Among this year’s biggest deals in terms of valuation and size was Gentiva’s $710 million acquisition of ProMedica’s hospice and home-based care assets. The Georgia-based hospice, palliative and personal care provider in February agreed to acquire Heartland Hospice and other assets from the nonprofit health system.

2023 279

2023 Hospice Homecare 2022 279

Hospice News

JANUARY 25, 2023

Dallas-headquartered AccentCare is a portfolio company of the private equity firm Advent International, offering hospice, palliative care, personal care, non-medical services, home health, care management and high-acuity home care.

Hospice 245

Hospice Palliative care Medicare 2023 245