Hospices in 2025 are laser-focused on organic growth rather than other tactics like acquisitions. Among 112 hospice professionals who responded to the 2024 Outlook Survey by Hospice News and Homecare Homebase, 60% said that expanding current locations would be the growth tactic they plan to use the most during 2025. About 64% of the respondents […]
Hospices nationwide have been diversifying their services to include palliative care, PACE, home-based primary care and a host of other business lines. However, some organizations have found success with disease-specific programs reimbursed through the Medicare Hospice Benefit. A growing number of operators have developed programs tailored to patients with specific diagnoses, providing specialized care tailored […]
Home-based care provider BrightStar Care has leveraged data at the local level to boost both quality and scale. Currently, the company’s 400 locations are 90% franchise and 10% corporate owned, operating in 42 states. In July 2024, BrightStar Care reported that it signed 15 new franchisees in the first half of 2024. It also signed […]
Private equity in health care has come under fire in recent years, but the regulatory environment leaves few other options for raising capital. This is according to Bobby Guy, an M&A attorney and shareholder in the law firm Polsinelli. Guy posits that regulation of publicly traded markets have pushed business owners towards private equity and […]
Engaged employees are a top contributor to quality and growth, and that means ensuring no one gets lost in the shuffle, according to Chapters Health System CEO Andrew Molosky. Chapters is one of the largest nonprofit hospice providers in the United States. Currently the company has achieved a turnover rate of 12% for nurses and […]
Improved staffing conditions have turned hospice into a growth engine for Enhabit Inc. (NYSE: EHAB). Hospice currently represents about 20% of Enhabit’s patient volume, CEO Barbara Jacobsmeyer said at the HomeCare 100 conference in Florida. The segment is primed for more growth, driven to a large extent by increased clinical capacity. “[Hospice] is an area […]
A palliative training program for emergency department staff in 29 hospitals did not reduce hospital admissions, a recent study found. Researchers examined the results of the PRIM-ER trial, a cluster randomized clinical trial that took place in close to 30 hospitals nationwide. Through PRIM-ER, emergency department clinicians received training in palliative care, simulation-based communication workshops, […]
New presidential administrations always come with questions about what the future will hold, but Republicans’ focus on cost-cutting could bode well for home-based care — if providers can get their message across. Though uncertainties abound when it comes to the Trump administration’s approach to health care, many notable policies have been implemented during Republican administrations. […]
Choice Health at Home has acquired Devotion Hospice in the Houston region. Financial terms were undisclosed. This is the second transaction by Choice in as many days. The company also purchased Family Tree Private Care for an undisclosed sum. Family Tree also serves Texas, Colorado and several southwestern U.S. communities. These transactions further Choice’s goal […]
Palliative Care News spoke with a group of industry leaders about the most pressing market forces and trends that will shape the space during 2025. Their comments carried some common threads, including further movement towards value-based care, a need to secure payment through business-to-business partnerships, a need for more concurrent curative and hospice care, and […]