As hospices sweat over recruitment and retention, many say that competition on wages and benefits is the leading barrier, as well as widespread misperceptions of their services. Their employees, however, also cite burnout and the lack of flexibility of a career path as reasons they may leave the field. A majority of hospices who responded […]
The labor pressures in the hospice community are straining clinical operations, but the issue is also becoming a more pressing concern when it comes to mergers and acquisitions. Buyers, in fact, are paying much closer attention to workplace culture and human resources as they select acquisition targets. Hospice M&A has been exploding in recent years […]
In addition to caring for terminally ill patients on a daily basis, hospice and palliative care physician Dr. Jay Peitzer of Trustbridge Hospice Care is the chief medical officer on a Disaster Medical Assistance Team (DMAT) for the U.S. Department of Homeland Security. DMAT teams have been active nationwide during the COVID-19 pandemic, giving Peitzer […]
As Addus HomeCare Corp (NASDAQ: ADUS) gears up for expansion, the company is focused on ensuring its workforce can absorb the growing capacity. Addus has not been immune to the labor headwinds plaguing the industry. This includes shortages tied to the COVID-19 variant surge that persisted through the first half of the year, as well […]
Brent Guerisoli effective Aug. 1 will become CEO of The Pennant Group Inc. (NASDAQ: PNTG). Current CEO Daniel Walker will retire from the position but remain board chairman. Guerisoli joined Pennant in 2012 and, until August, served as the company’s president and COO. In that role, he has been involved heavily in leadership recruitment and […]
Hospice provider Care Dimensions has tapped Dr. Stephanie Patel as its new CEO, upon the retirement of previous top executive Patricia Ahern. Patel has been chief medical officer for the organization since 2006. Care Dimensions is the largest hospice provider in Massachusetts. As CMO, Patel worked to develop specialized patient programs, recruited and mentored clinical […]
Enhabit Home Health & Hospice will be pursuing geographic expansion from the moment it gets off the ground. The forthcoming spinoff from Encompass Health (NYSE: EHC) has allocated $2 million to $3 million to fund de novo locations for the remainder of the year, according to 2022 guidance released today. Enhabit has also put aside […]
Amedisys (NASDAQ: AMED) is fired up for more hospital joint ventures, a new area of focus for the Baton Rouge, La.-based home health and hospice provider. Driving this renewed interest is the company’s June 2021 purchase of Tennessee-based Contessa Health for $250 million. While Amedisys had a few JVs before that transaction, Contessa came with […]
Physician burnout costs hospices — both literally and figuratively — whether it occurs among their own medical staff or with their referral partners. One of the most damaging effects is higher turnover. Burnout causes a sizable contingent of physicians to leave their jobs, and it has only grown more prevalent during the pandemic. This not […]
Visiting Nurse Service of New York (VNSNY) has adopted a new name as it enters a new era. The senior care provider, now rebranded as VNS Health, is ready for expansion. The home health, hospice and palliative care provider is among the largest nonprofit home-based care providers in the nation, serving close to 40,000 patients […]