Rhode Island-based HopeHealth announced it would be ending its pediatric hospice program shortly after completing a merger with Cape Cod Healthcare, the Cape Cod region’s largest hospice provider. Effective Feb. 1, HopeHealth’s hospice, palliative care, Alzheimer’s and dementia services units began operating under the auspices of Cape Cod Healthcare. The merger, announced in Dec. […]
As more private equity firms enter the post-acute health care arena, hospice organizations are increasingly pursuing mergers and acquisitions as a growth strategy, according to the recently released 4th quarter 2018 Home Health & Hospice Update from Provident Healthcare Partners. “As health systems seek to reduce cost, we expect increased utilization of home health and […]
Four hospice organizations in Oregon have launched a new alliance under the brand Oregon Non-Profit Hospice Alliance (OHNA). Based in Hillsboro, Ore., the alliance is a new partnership founded by four hospice care providers currently serving nearly half of all Oregon counties. ONHA represents non-profit hospices throughout the state of Oregon. The partnership collects donations […]
Louisiana-based Amedisys, Inc., a home health and personal care organization, has become the third largest provider of hospice care in the United States with the acquisition of Compassionate Care Hospice. Amedisys holds 100 percent ownership of the hospice organization, obtained for fixed price of $340 million. With this acquisition Amedisys serves 11,000 patients in 33 […]
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