The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit https://futureleaders.agingmedia.com/. Abbie Watson, Vice President of Central Operations, St. Croix […]
Care Hospice has purchased the assets of Tennessee-based nonprofit Hospice of Chattanooga and its parent organization, Alleo Health System. As a result of the transaction, Chattanooga and Alleo will transition to for-profit status. Financial terms were undisclosed. Alleo and its affiliates care for patients in Tennessee, Georgia, North Carolina and Alabama. The organization was established […]
Private equity investors remain bullish on hospice with no signs of slowing down. However, with a number of high-profile transactions completed or in the works during 2020 and 2021, the number of hospices of scale that are likely to come to market is dwindling. During the next few years, PE firms will likely fix their […]
LHC Group, Inc. (NASDAQ: LHCG) has signed on the dotted line to acquire Freda H. Gordon Hospice and Palliative Care, located in Virginia Beach, Va. The company also purchased Generations Home Health, also headquartered in that community. Purchasing a home health provider and a hospice in the same market makes sense for LHC Group. The […]
Community engagement is essential to bringing hospice care to populations that historically have been underserved, according to Karen Davis-Pritchett, vice president of access and inclusion at Empath Health. More than 80% of Medicare hospice patients in 2018 were Caucasian, according to the National Hospice and Palliative Organization (NHPCO), while African American, Asian and Hispanic patients […]
The Biden Administration is infusing the Provider Relief Fund (PRF) with an additional $17.7 billion. The program is designed to help defray some of the financial burden of the pandemic. The boost to PRF is part of a $25.5 billion package that also includes billions of dollars for the American Rescue Plan and the Children’s […]
Federal health care agencies are developing new Conditions of Participation that would require all staff of Medicare- and Medicaid-certified health care providers to be vaccinated against COVID-19. Though the White House used the term “health care facilities” in its announcement, the forthcoming rule would apply to hospice and home health care workers. The U.S. Centers […]
Beth Peters, 85, met her husband Charles on a blind date while he was in law school at the University of Virginia. They were married a few months later after Charles graduated in 1957. Now 94, Charles Peters has entered hospice with congestive heart failure, and Beth has joined the legions of Americans who are […]
LHC Group (NASDAQ: LHCG) will acquire home health and hospice operations in 22 states from the joint venture between Brookdale Senior Living (NYSE: BKD) and hospital system HCA Healthcare (NYSE: HCA). Brookdale sold an 80% stake in its home health, hospice and outpatient therapy business to HCA earlier this year in a $400 million deal. […]
The number of dementia patients is expected to rise by 40%, or 139 million people globally, by 2050, according to new data from the World Health Organization (WHO). Hospices have been caring for dementia patients in larger numbers in recent years and will have a significant role to play as rates of cognitive decline continue […]