A minority investor in Enhabit Inc. (NYSE: EHAB) is urging the hospice and home health provider to consider a “full and fair sale process.” The investor – New York-based hedge fund AREX Capital Management, which holds about 4.5% of the shares of Enhabit – brought up the sale idea in a letter sent to the […]
A new primary care-focused payment model demonstration could create new partnership opportunities for hospice and palliative care providers. The U.S. Centers for Medicare & Medicaid Services (CMS) has unveiled the Making Care Primary (MC) model, which will launch in July 2024 in eight states — Colorado, Massachusetts, Minnesota, New Jersey, New Mexico, New York, North […]
After weighing the decision for several months, Nashville-based nonprofit Alive Hospice will not be sold. Workforce shortages, rising care delivery costs, reimbursements shifts and widespread consolidation were the main reasons that a potential sale was on the table, according to Alive Hospice’s board of directors. The organization will remain a nonprofit hospice, they indicated. “The […]
After becoming a public entity last year, Enhabit Inc.’s (NYSE: EHAB) M&A journey has narrowed towards hospice, diverting less in home health’s direction. Reimbursement uncertainties, shrinking pools of available assets, and rising valuations in the home health space are forces steering the company’s sights towards hospice, according to Enhabit executives. Large-scale consolidation in both home […]
Compassus and VNS Health have formed a value-based collaboration aimed at improving access, awareness and quality of hospice and palliative care services. The two home-based care organizations are joining forces in a Medicare Advantage (MA) Value-Based Insurance Design (VBID) model partnership. Through the collaboration, VNS Health and Compassus will help MA health plans to manage […]
Patient data collection is critical in how the U.S. Centers for Medicare & Medicaid Services (CMS) is developing health equity quality measures for hospices in value-based payment. The Center for Medicare & Medicaid Innovation (CMMI) in 2022 announced a “strategy refresh” that included a renewed focus on health care equity in payment model design. Among […]
Amedisys Inc. (NASDAQ: AMED) has received an unsolicited proposal from the UnitedHealth Group (NYSE: UNH) subsidiary Optum to acquire all outstanding shares of the home health and hospice provider’s stock. Amedisys indicated in a filing with the U.S. Securities and Exchange Commission (SEC) that Optum has proposed an all-cash transaction at $100 per share. This, […]
Hosparus Health has acquired Baptist Health Deaconess Hospice in Madisonville, Kentucky, for an undisclosed sum. The organization is a service of Baptist Health Deaconess health system. Founded in 1978, Hosparus Health’s 600 employees and 500 volunteers provide care for more than 10,000 patients annually, including hospice, medical care, palliative medicine, mental health and bereavement services. […]
Capital Caring Health and Chapters Health System have officially joined forces as their affiliation plans solidify. The two nonprofit hospice and palliative care providers recently closed on an affiliation they announced at the end of last year. Capital Caring and Chapters Health will each retain their individual branding post-transaction. The affiliation will mean that more […]
Massachusetts-based Advanced Home Care has acquired Dignity Hospice Care for an undisclosed amount. The transaction follows Advanced Home Care’s acquisition of Dignity Home Care late last year. The buyer company’s CEO Art Kalenjian will now take the helm at Dignity Hospice. “With this acquisition, we are able to provide a more complete continuum of care,” […]
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