Addus Projects ‘Strong, Steady’ Hospice Growth Amid Lingering Pandemic Census Headwinds

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! Addus HomeCare Corp. (NASDAQ: ADUS) saw hospice growth in 2023, despite lingering pandemic-related challenges around daily census. The company anticipates growth in its personal care business in 2024, which will […]

Amedisys Sees Revenue Growth with Optum Deal in the Wings

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! With its acquisition by Optum pending, Amedisys (NASDAQ: AMED) is seeing quarterly and yearly gains. Optum, a subsidiary of UnitedHealth Group (NYSE: UHN), in June 2023 penned its […]

Optum a Rising Star at UnitedHealth Group, Has More Room to Grow

The UnitedHealth Group (NYSE: UNH) subsidiary Optum Health has emerged as one of the largest players in home-based care, primary care and other health care services. Nevertheless, the company sees vast market opportunities on the road ahead. Optum Health currently serves more than 4.1 million patients in value-based care arrangements across all of its clinical […]

Aveanna Healthcare’s ‘Strong, Disciplined’ Hospice Growth

Though hospice is a smaller segment for Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), it remains a stronghold in the company’s strategic growth plans and a key to leveraging its value proposition among payers. Aveanna’s home health and hospice segment has had mixed results thus far this year, but saw recent improvement, along with its other […]

Enhabit Mum on Potential Sale

Enhabit Inc. (NYSE: EHAB) is continuing to mull over a potential sale, with executives providing few details as the company determines its next steps. The Dallas-based home health and hospice company has been digging into a strategic review process since August that could result in a possible sale or merger of some or all of […]

Hospice Deals Propelling Growth for The Pennant Group

The Pennant Group (NASDAQ: PNTG) acquired five Medicare hospice provider numbers during the past six months, which accelerated growth for its home-based care segment. These deals expanded the home health, hospice and senior living company’s presence in California, Arizona, Oklahoma and Texas and include a mix of existing operations as well as license purchases. “We […]

Addus HomeCare to Accelerate Acquisition Activity

Though the acquisition market has slowed down this year for home-based care companies, Addus HomeCare Corp. (NASDAQ: ADUS) remains on the hunt. The most prominent home-based care transactions so far this year have involved payers seeking to acquire large providers with multiple business lines. Addus has been among the few publicly traded companies that have […]

Hiring Surge Propels Capacity, Revenue Gains for VITAS

Though its temporary bonus program has ended, VITAS Healthcare has built on the momentum it created with accelerated hiring and corresponding gains in capacity. VITAS is a subsidiary of Chemed Corp. (NYSE: CHE). The bonus program, which ended in July, included a one-time retention payment that ranges from $2,000 to $15,000 per employee for nurses, […]

Amedisys Sees Small Hospice Gains as Contessa Takes Off

As Amedisys Inc. (NASDAQ) awaits the outcome of its pending acquisition by Optum, the company showed only modest gains in its hospice segment. Both admissions and average daily hospice census were down in the third quarter of the year, 6% and 2%, respectively, compared to Q3 2022. Net service revenue for the segment reached slightly […]

Home-Based Care a Continuing Growth Engine for UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is leveraging its subsidiary Optum to drive growth in value-based care arrangements, with building out its home-based care capabilities as a high priority. This drive is evidenced by Optum’s pending acquisition of Amedisys (NASDAQ: AMED) and its purchase of home health and hospice provider LHC Group, which closed in February. By […]