The hospice sector has undergone dramatic changes in recent years. Once a nonprofit, volunteer-driven movement, the industry is now a landscape dominated by for-profit entities, private equity, and publicly traded companies. This shift is reshaping care delivery, reimbursement models, and the competition that exists in end-of-life care.
Hospice News partnered with Hospice Analytics to rank the largest hospice chains by 2023 Medicare claims. Using proprietary data, including Medicare payments and SEC filings, the report tracks changes in ownership and acquisitions, offering a comprehensive view of the industry landscape.
Dive into the data and insights to better understand the evolving dynamics of the hospice industry.
Key Takeaways:
Market Consolidation: The 15 largest hospice providers account for nearly 33% of all Medicare hospice payments.
Private Equity Influence: Six of the top 10 hospice providers are now owned by private equity firms.
The Rise of “Payviders”: Innovative "payviders" are transforming care delivery and reshaping reimbursement models.
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