Hospice News recently sat down with Ben Marcantonio, chief operating officer and interim president and CEO of the National Hospice and Palliative Care Organization (NHPCO), to discuss how hospice providers are navigating a sea of challenges. A change in leadership occurred last month when former NHPCO President and CEO Edo Banach announced that he would […]
Phillip W. Heath, board chair for New Jersey-based Samaritan Life Enhancing Care, will become CEO effective October 1, upon the retirement of the provider’s current leader Mary Ann Boccolini. The nonprofit’s board of trustees unanimously voted earlier this month to appoint Heath as the organization’s top executive. Vice-chair Nandini Natrajan will succeed him as leader […]
Barbara Jacobsmeyer as of July 1 became the first CEO of Enhabit Home Health and Hospice (NYSE: EHAB) as an independent, standalone company. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July. The new company expects to earn nearly $1.08 billion to $1.12 billion this […]
Private equity firms are not slowing down on hospice investments as demographic tailwinds in a fragmented industry create a favorable environment for growth. Private equity hospice deals occurred in record numbers last year, according to data from the M&A advisory firm The Braff Group. Of the estimated 60-plus transactions during 2021, at least 39, or […]
Hospice acquisition volumes and price tags have hit record highs for several years running. Now, the companies that performed well under the pandemic’s pressure may be drawing more interest from buyers. While a sizzling hospice market saw a cooled start this year, merger and acquisition activity is still outpacing other health care sectors. Demographic tailwinds, […]
More people are stepping into death doula work, according to founders of the Colorado-based organization Deathwives. Many come striving for change after witnessing loved ones receive poor end-of-life care or enduring bereavement without support. A death doula is a non-medical provider trained to care for a terminally ill person and their family physically, emotionally and […]
For better or worse, the growing presence of large insurance companies in the hospice and home health provider space could be transformative for the industry. Two transactions demonstrate rising interest among payers in owning the home-based care assets that serve their beneficiaries. Humana Inc. (NYSE: HUM) in 2021 acquired 100% ownership of Kindred at Home […]
Home-based care provider AccentCare has been busy since its merger with Seasons Hospice & Palliative Care, exploring new technologies and care delivery strategies, as well as expanding business lines. The two companies merged in early 2021 with designs on building a seamless care continuum in the home setting and recently unified all of its business […]
Dr. Christopher Comfort, chief operating officer for Calvary Hospital in New York City, oversees the organization’s operating budget as well as all patient care. He is also an ambassador for the hospital’s CalvaryCare program, designed to educate the health care community and the public about palliative care and hospice. Calvary is the only acute care […]
LGBTQ+ communities have been historically underserved by hospice, often due to mistrust of the health care system as well as discrimination. Nearly 1 in 3 transgender adults reported that they had to teach their health care provider about transgender issues in order to receive appropriate care, according to a Center for American Progress 2020 survey. […]
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