VITAS CEO Westfall: Market Conditions More Favorable for Hospice Acquisitions

Changes in the marketplace have made further acquisitions by VITAS Healthcare more likely. VITAS, a subsidiary of Chemed Corp. (NYSE: CHE), recently announced its first deal in several years, the $85 million purchase of hospice assets from Covenant Health. While the company does not comment on its specific acquisition plans or its pipeline, VITAS may […]

[UPDATED] VITAS to Acquire Covenant Health and Community Services’ Hospice Business for $85M

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! VITAS Healthcare Corporation has penned an agreement to acquire Covenant Health and Community Services’ hospice operations and one of its assisted living facility locations for $85 million. The […]

Hospice Regulation Slowing Down M&A Transactions

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! Tightened regulation in the hospice space has led to longer, more stringent diligence processes when it comes to buying and selling provider companies. The U.S. Centers for Medicare & Medicaid […]

Frontpoint Health Acquires High Plains Senior Care Group

In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! Frontpoint Health has completed its acquisition of the Texas-based home health and hospice company High Plains Senior Care Group (HPSC). Financial terms were undisclosed. Frontpoint, a portfolio company of Cimarron […]

IntellaTriage Acquires NurseLine

IntellaTriage has acquired NurseLine, a national provider of hospice and home health triage services. Financial terms were undisclosed. Established in 2008, IntellaTriage provides after-hours nurse triage services for a range of health care providers, including hospice and home health providers, hospitals, physician groups, health plans and specialty practices. Combining their platform with NurseLine’s will strengthen […]

Hospice of North Central Ohio to Affiliate with Hospice of Western Reserve

The Hospice of North Central Ohio (HNCO) will affiliate with Hospice of Western Reserve, also located in the Buckeye state. Financial terms were undisclosed. The HNCO board of directors signed a letter of intent to enter into a Management Services Agreement with Western Reserve for 90 days. In the interim, a diligence process will be […]

Centrica Care Navigators Affiliates with NorthStar Care Community

Michigan-based Centrica Care Navigators has affiliated with the NorthStar Care Community, which also operates Hospice of Michigan and Arbor Hospice. Financial terms were undisclosed. Post-transaction, the combined nonprofit organization will care for more than 1,800 hospice patients across 60 Michigan counties, as well as nearly 900 palliative care patients, making it one of the largest […]

SSM Health Acquires Visiting Nurse Association of Greater St. Louis

The Missouri-based health system SSM Health has acquired the Visiting Nurse Association of Greater St. Louis (VNA). Financial terms are confidential. VNA provides a range of home-based services, including hospice care, Advanced Illness Management (AIM), community-based palliative care, private duty care, Visit-A-Bit, vaccination, wellness and music appreciation programs. The organization will now become part of […]

VitalCaring Primed for Hospice Expansion in 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions. It expects to step up that strategy in 2024, with an emphasis on hospice. VitalCaring was formed in July 2021, when the private equity firms The Vistria Group and Nautic Partners began acquiring home health and hospice agencies throughout the South […]

StateServe’s Delta Care Rx Acquisition Fueled by Hospice Cost Saving Potential

Durable medical equipment (DME) provider StateServ has acquired Delta Care Rx, a national hospice pharmaceutical benefits manager (PBM). Financial terms of the transaction were undisclosed. The acquisition is a move aimed at leveraging technology to improve quality, care delivery and operational efficiencies among hospice, palliative and post-acute care providers, according to Drew Mihalyo, founder, president […]