Average daily census growth propelled Enhabit Inc. (NYSE: EHAB) to a strong quarter for its hospice segment in early 2025. With shortfalls in its home health business, hospice is a prime growth driver for Enhabit. The company’s hospice ADC rose 12.3% year over year to 3,809, up from 3,391 in Q1 2024. Enhabit also saw […]
Category: Earnings
Aveanna Healthcare Holdings (Nasdaq: AVAH) is propelling growth of its home health and hospice segment through strategic payer relationships, bolstered sales and referral teams and a growing patient census. Aveanna’s has seen consecutive periods of slow but steady financial and clinical improvement across its hospice and home health business line. The company has recently taken […]
The Pennant Group (Nasdaq: PNTG) saw home health and hospice reach an “all-time high” during the first quarter of 2021, as the company awaits the outcome of a potential deal to acquire divested locations from Amedisys (Nasdaq: AMED) and UnitedHealth Group (NYSE: UNH). The Pennant Group’s total revenue for Q1 reached $209.8 million, up 33.7% […]
Addus Homecare (Nasdaq: ADUS) has seen steady hospice growth during the first quarter of 2025. Hospice represents 18% of Addus’ business, with the remainder made up by its personal care and home health segments. The company saw 9.9% year-over-year organic revenue growth during the first quarter, as well as higher average daily census, patient days […]
BrightSpring Health Services (Nasdaq: BTSG) stands to substantially expand its footprint through its pending deal to acquire a number of care centers from Amedisys Inc. (Nasdaq: AMED) and UnitedHealth Group (NYSE: UNH). Amedisys is selling an unspecified number of home health and hospice locations to Adoration Home Health Acquisitions LLC, Adoration Hospice Care Acquisitions LLC […]
Vitas Healthcare’s 2024 purchase of Covenant Health and Community Services is helping to drive the company’s growth. VITAS acquired Covenant last year for $85 million. The transaction included Covenant’s hospice assets and marked an important milestone for VITAS, including its entry into the assisted living space and in the Alabama market while expanding its geographic […]
Amedisys continues to see revenue growth in the midst of its pending acquisition by UnitedHealth Group (NYSE: UNH). The company’s net service revenue rose $23.4 million to $594.8 million in the first quarter of the year compared to $571.4 million in Q1 2024. Net income for Q1 reached $61 million, up from $14.4 million year […]
Optum remains a growth engine for UnitedHealth Group (NYSE: UNH) despite headwinds that battered the massive “payvider” during the first quarter of the year. UnitedHealth Group, through its subsidiary Optum, is among the largest hospice providers in the nation by Medicare claims, according to research by Hospice News and the data analysis firm Hospice Analytics. […]
Aveanna Healthcare Holdings (Nasdaq: AVAH) is putting home health and hospice at the forefront of its growth sights in 2025 through a mix of strategic approaches. Aveanna has seen consecutive periods of growth in its home health and hospice business line. The company anticipates positive trends in financial and clinical outcomes to continue in the […]
De novos and other investments have driven Enhabit Inc. (NYSE: EHAB) to 14 months of steady sequential growth. Enhabit opened five new hospice operations during 2024, building on seven that were established during 2022 and 2023. More de novos are likely on the way, a mix of home health and hospice, according to CEO Barbara […]