The National Partnership for Healthcare and Hospice Innovation (NPHI) has called for payment reform while also raising questions about recent recommendations from the Government Accountability Office (GAO). GAO is recommending that Medicare pay hospices for routine home care on a per-visit basis instead of the current per-diem model. In a recent report, the agency said […]
A current moratorium on home health and hospice Medicare enrollment could increase demand for mergers and acquisitions in the short term. The U.S. Centers for Medicare & Medicaid Services (CMS) in May imposed a six-month nationwide moratorium on the enrollment of new hospice and home health providers in Medicare. The pause is intended to address […]
Humana (NYSE: HUM) has agreed to sell substantially all of its 40% minority stake in the hospice company Gentiva in a $900 million transaction. The 40% ownership stake will go to a “consortium of investors,” according to Humana. Other financial terms were not disclosed. “Humana intends to utilize proceeds from the sale for general corporate […]
Texas-based Lucent Health Group has acquired Chambers Home Health & Hospice. Financial terms were undisclosed. Chambers is a regional home health and hospice platform that serves eastern Texas. The company serves thousands of patients annually across more than 20 Texas counties through three brands, Chambers Home Health, Chambers Hospice, and Healthcare Associates LLC, according to […]
Bristol Hospice has purchased Hope Hospice & Palliative Care for an undisclosed amount, expanding its geographic footprint in the South. Established in 2020, Hope Hospice & Palliative Care serves patients across the region of Memphis, Tennessee. The hospice and palliative care provider has built a strong, trusted reputation for high quality across these communities, said […]
Monroe Capital has extended a senior credit facility to support the private equity firm Warburg Pincus’ investment in the home-based care provider Cornerstone Caregiving. Cornerstone, based in Waco, Texas, provides hospice, home care, palliative care and a range of other home-based health care services. The company, which was founded in 2020, operates hundreds of locations […]
The Oregon Health Authority (OHA) has cleared the way for a Compassus-Providence Health System joint venture to operate in the state. The home-based care provider Compassus has established a joint venture with the health system Providence in 2024 and expanded it last year. However, in Oregon the state agency must review all such transactions. “OHA’s […]
Aveanna Healthcare (Nasdaq: AVAH) is leaning hard into its preferred payer and government affairs strategies to foster growth in its home health and hospice segment and other businesses. The company’s preferred payer strategy is focused largely on Medicare Advantage and Medicaid Managed Care Plans. Aveanna set a goal for eight additional payer agreements in 2026 […]
Valuations and multiples for hospice assets in the M&A market are slowly crawling upwards as deal volume rebounds. An anticipated resurgence in M&A activity materialized in late 2025, setting the stage for stronger momentum this year and signaling a reversal of the industry’s three-year decline in the number of transactions. Now that deals are coming […]
Montana-headquartered Stillwater Hospice will acquire Campbell County Health Hospice (CCH) in Wyoming for an undisclosed sum. The transaction will be effective June 1. It will give CCH access to expanded clinical resources, enhanced support services and a broader regional network while maintaining its community roots, according to a statement from Stillwater. CCH is based in […]
