Hospice Drives Brookdale’s Health Care Segment Growth

Hospice business is the engine behind Brookdale Senior Living (NYSE: BKD) health care services segment revenues in the third quarter. The segment’s earnings rose 3% in Q3 despite a 1% dip in home health revenue due to high salesforce turnover and customer service issues.  The company has worked to expand its hospice operations this year, […]

Brookdale Opens New Hospice in California

Brookdale Senior Living (NYSE: BKD) has expanded its hospice operations with a new location in Sacramento, Calif., the company’s third de novo of 2019. The Sacramento location is Brookdale’s third de novo this year, with previous agencies opening in Detroit and Portland, Ore. The company now operates 22 locations nationwide. Patients do not have to […]

Admissions Spur 18% Jump in Brookdale’s Hospice Revenue

Hospice revenues at Brookdale Senior Living (NYSE: BKD) are up nearly 18% in the second quarter largely due to same-store admissions growth and de novo activity, the company reported in an earnings conference call. Hospice accounted for much of growth in the company’s Health Care Services segment, outstripping quarterly percentage gains for its home health […]

Brookdale Doubles Down on Building Hospice Portfolio

Brookdale Senior Living Inc., (NYSE: BKD) is expanding its hospice business primarily through de novo activity, including expansion into new markets. Brookdale recently opened hospices in San Jose, Calif., and Detroit, and plans to open a Portland, Ore., location in the second quarter of this year, a company spokesperson told Hospice News. The company currently […]