Encompass Home Health, Hospice CEO April Anthony to Step Down in June

April Anthony, CEO of Home Health and Hospice at Encompass Health Corp. (NYSE: EHC) will be stepping down in mid-June of this year. The move comes at a time when the company is considering a repositioning of its home health and hospice business, including a potential spin off or sale. Anthony founded Encompass Home Health […]

Private Equity Investment in Hospice Hits All-Time High, Valuations Rising

Private equity interest in the hospice sector has been gaining momentum in recent years, raising the stakes in hospice deals and stepping up competition for acquisition targets. Private equity transactions and an influx of new deals during 2021 could drive up hospice valuations that have already reached record highs. The hospice market remained extremely active […]

Amedisys, UMC Health Open Jointly Owned Hospice, Home Health Operation

Amedisys (NASDAQ: AMED) has partnered with the UMC Health System in Texas to launch a new hospice and home health location. The new operation will serve patients in Lubbock and the surrounding communities. With the COVID-19 pandemic causing patients anxiety about receiving institutional care, the outbreak has accelerated the trend of moving more health care […]

Encompass Committed To Hospice Growth While Weighing Spin Off, Sale

Encompass Health (NYSE: EHC) will continue to pursue hospice expansion as the company considers a strategic repositioning of its hospice and home health assets. Encompass announced in December that its leadership was pondering a spin off or other action for hospice and home health.  Other options under consideration include a potential merger, sale, initial public […]

Brookdale Considers Sale of Hospice, Home Health Business

Brookdale Senior Living’s (NYSE: BKD) is considering selling off its home health and hospice businesses. The company may seek a private equity-backed, a strategic buyer or a combination of the two, according to a report by PE Hub. Whispers of a potential sale come on the heels of a troubled year for the senior housing […]

COVID Pounds Brookdale’s Hospice Segment

The COVID-19 pandemic pummeled Brookdale Senior Living’s (NYSE: BKD) hospice segment during the third quarter, despite seeing growth earlier in the year. While patients do not have to be residents of Brookdale’s senior living communities to use their health care services, that is where the company obtains most of its hospice business. With widespread disruption […]

Brookdale Achieves Hospice Growth Despite COVID-19 Obstacles

Rising volume in its hospice business helped deflect the impact of COVID-19 headwinds on Brookdale Senior Living’s (NYSE: BKD) Health Care Services Segment in the second quarter, which saw a sharp decline in home health admissions.  Home health admissions have been falling off industry-wide during the pandemic due to widespread limitations on elective procedures and […]

Brookdale Takes Hit From COVID-19, Hospice Service Keeps Growing

The ongoing pandemic and changing payment models for home health gut-punched Brookdale Senior Living (NYSE: BKD) in the first quarter of 2020, but the company continues to see strong volume growth in its hospice business.  Rising expenses and drops in occupancy and resident fee revenues in their senior housing segment took a financial toll on […]