Hospices seeking to grow should consider building a culture of compliance driven by data, effective system design and accountability, including for its sales force. Compliance and sales should walk hand-in-hand, according to a recent report from the Transcend Strategy Group. This can help prevent sales staff from running afoul of regulations inadvertently as well as […]
Category: Business Growth
Dallas-based SilverStone Health has expanded its continuum of home-based services while growing its total daily census from 17 patients to 2,000. SilverStone came on the scene in 2020 as a standalone hospice after CEO Alfonso Montiel’s purchase and rebranding of Comfort Care Hospice in the Dallas-Fort Worth region. Since then, the company has built a […]
Florida-based Community Hospice & Palliative Care recently opened a new location in its home state that will serve as an office for interdisciplinary staff and a community center. The new center is a key part of the hospice and palliative care provider’s overall strategic growth plans to improve access among underserved populations, according to Community […]
The nation’s publicly traded hospice companies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Many expect a rebound in 2024, and stirrings in the public company space signal that may come […]
Angela Hospice’s New Senior Living Inpatient Facility Michigan-based Angela Hospice recently unveiled plans to open a new inpatient center at a senior living facility. Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. Expanding hospice care in the senior community will allow for improved […]
California-based YoloCares is doubling its geographic presence in its home state. The hospice provider recently took its first step into a new county, with plans to expand across four others. YoloCares provides hospice, palliative and supportive care in five counties across northern California, recently adding a sixth county to its service region. The hospice provider […]
Senior living and health care services operator The Dover Companies has launched a home health and hospice business branded as Dover Health. The fledgling company pledges to offer patients a suite of wraparound services, including for the terminally ill, to support quality of life and aging in place. Its parent organization also operates senior living, […]
In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! VITAS Healthcare Corporation has penned an agreement to acquire Covenant Health and Community Services’ hospice operations and one of its assisted living facility locations for $85 million. The […]
In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! St. Croix Hospice has opened a de novo in the Clarinda, Iowa, community. As part of its growth strategy, St. Croix Hospice often looks for markets in which hospice utilization […]
Hospice providers are increasingly focused on memory care settings and physician offices as referral sources. Though many hospices see facility-based care as their primary referral engines, a growing base of providers are seeking ties to community-based organizations to increase access and utilization this year. Physician offices were identified among the most significant referral growth opportunities […]