BrightSpring Health Services Inc. (NASDAQ: BTSG) is poised for growth in the home health and hospice landscape. The company anticipates ramping up merger and acquisition (M&A) activity in coming years, with an emphasis on long-term return on investment, according to BrightSpring President and CEO Jon Rousseau. The company is focusing on significant expansion in the […]
Category: Featured
Unionized staff at Providence Hospice of Sonoma County in California have reached a labor agreement with their employer. The deal marks another instance of growing union activity in the hospice space. Unionization is uncommon in hospice, but local media reports in some communities show that the movement has gained some ground. Hospices that are affiliated […]
The National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) on Thursday announced a new name for their recently combined organization. Dubbed as the National Alliance for Care at Home, the rebranding came with a new logo and website, marking the latest step in the merger of […]
Enhabit Inc. (NYSE: EHAB) expects consistent hospice growth even as it contends with payer and reimbursement headwinds for its home health business. The home health and hospice provider recently terminated its home health contract with the Medicare Advantage payer UnitedHealthcare, a subsidiary of UnitedHealth Group (NYSE: UNH), citing nine months of unsuccessful negotiations. In addition, […]
BrightSpring Health Services (NASDAQ: BTSG) has completed its acquisition of the Florida-based nonprofit Haven Hospice for $60 million. The transaction includes the purchase of two brands, North Central Florida Hospice Inc. and Haven Medical Group LLC. BrightSpring anticipates that Haven will grow into a $15 million EBITDA business, CEO Jon Rousseau indicated in a second […]
Compassus on Wednesday completed its partnership with the health system OhioHealth, a move aimed at improving care coordination and access. Announced in June, the partnership joins the two organizations under the new brand OhioHealth at Home. Through the deal, Compassus acquired ownership interest in three of OhioHealth’s hospice locations and four of its home health […]
California-based Hoffmann Hospice has established a grief camp designed for children and teens who are mourning a first responder. The nonprofit first launched the camp in 2023 with a second iteration planned for this year. The organization expects 10 to 12 participants in 2024, compared to about 30 for their more general grief programs for […]
Disruptive reimbursement and regulatory challenges are top of mind for today’s hospice c-suite executives, who recently sat down with Hospice News to discuss what they see as the largest hurdles to sustainable end-of-life care delivery. Reimbursement pressures and changes among the most significant concerns for today’s hospices, according to Kristen Yntema, president and CEO of […]
In a time of workforce shortages, hospices are seeking the “secret sauce” that will help keep employees on board and bring new people into their fold. To find the right mix, hospice providers that have achieved national recognition for employer best practices point to a particular secret ingredient — a supportive culture with open lines […]
Arkansas-based Hospice of the Ozarks has launched a non-medical care training program to improve caregiving support. The hospice’s new Care Coaching program is being offered at no cost to family caregivers. Through the program, interdisciplinary staff use phone calls and in-person visits and assessments to assist caregivers who are navigating the needs of serious and […]