Hospice M&A Accelerating Despite High Price Tags

The hospice mergers and acquisitions market has never been more active among both strategic buyers and private equity investors. The industry is also seeing larger companies seeking to take advantage of record-high valuations to capitalize on their hospice assets, according to a first quarter M&A report from the advisory firm Provident Healthcare Partners.   Activity in […]

Valeo Acquires Hearts for Hospice & Home Health

Valeo Home Health & Hospice has acquired Hearts for Hospice & Home Health in Utah for an undisclosed sum. Valeo is a portfolio company of the private equity firm Grant Avenue Capital. Grant Avenue purchased a majority stake in Valeo this past January, marking the company’s first investment in the hospice space. When announcing that […]

Encompass Acquires Frontier Home Health & Hospice

Encompass Health Corp. (NYSE: EHC) has agreed to acquire Frontier Home Health & Hospice for an undisclosed sum. The transaction will bring 11 hospice and nine home health locations into the Encompass footprint. Frontier was founded in Montana in 2008 and has since expanded to Alaska, Colorado, Washington and Wyoming. The company earned nearly $36 […]

Pallitus Health Partners Launches Pulmonary Palliative Care Service

Pallitus Health Partners, a subsidiary of hospice provider Hosparus Health, has launched a disease-specific program to serve the palliative care needs of patients with pulmonary illnesses. The company expects its Lung Care Program to help patients receive care further upstream, leading to longer lengths of stay and extending their life expectancy. The program is also […]

Hospice Providers Seeing an Uptick in Regulatory Audits

Hospice providers have remained on high alert as regulators increasingly hone in on the industry. While regulatory enforcement activity temporarily stalled last year due to the coronavirus pandemic, audits have since resumed. These events can be expensive and time consuming for providers. Complete and accurate documentation will be key for hospices to ward off and […]

HCA Capitalizing on Growing Demand for Hospice, Home Care

Hospital system HCA Healthcare (NYSE: HCA) has recognized the growing demand for home-based health care services and associated growth opportunities. This formed the impetus for the company’s purchase of an 80% stake in Brookdale Senior Living’s (NYSE: BKD) home health and hospice business for $400 million earlier this year.  Bringing care to the home is […]

Opportunities Abound for Hospices in Primary Care First

Primary Care First is on its way to opening doors for hospice providers to reach patients and their families further upstream in their health care trajectories. While the implementation of some aspects of the initiative have been delayed, the application period for the program’s second year is underway. Tracking patient outcomes through data and workflow […]

Stratis Health’s Weng: Payment Redesign Needed to Grow Rural Palliative Care

Limited reimbursement opportunities are complicating palliative care providers’ ability to bring their services to seriously ill patients. This problem is often exacerbated in rural areas due to low population density, potentially long travel times to reach patients in remote areas and lack of infrastructure. Karla Weng, senior program manager for the health care quality improvement […]

CMMI Chief Fowler: Value-Based Care at a Crossroads

The Center for Medicare & Medicaid Innovation (CMMI) remains committed to moving the health care system towards value-based care in the early years of the Biden Administration, though the center’s leadership is doing some soul-searching on how best to pursue its mission, according to CMMI’s new director Liz Fowler.  Fowler made her first public remarks […]

Telehealth Promises Greatest ROI on Hospice Technology Investment

Leveraging technology during the coronavirus pandemic has kept providers connected with patients and their families from a distance. Despite unknowns regarding the future of telehealth regulations, hospice providers expect those systems to yield the highest return on investment when it comes to technology. Nearly half of respondents (47%) of the 2021 Hospice Industry Outlook Report […]