How Quality, Utilization Will Shape Hospice M&A in 2024

Investment trends in the hospice industry have meandered in recent years, impacting providers’ approaches to growth in 2024. The mix of hospice buyers has become more diverse during the past five years to include more private equity investors, large health and hospital systems and home health companies, along with payers. These trends will have lasting […]

New Directors at Iowa River, Home Health of the Ozarks; C-Suite Shifts at Elara Caring, VIA Health

Home Health of the Ozarks and Hospice of Care Names New Director Missouri-based Texas County Memorial Hospital (TCMH) has appointed Cheryl Maley, registered nurse, as new director of Home Health of the Ozarks and Hospice of Care. Maley joined the hospital system’s home health department in 2012 as a certified nurse assistant, later becoming a […]

The Most Significant Hospice Deals So Far in 2023

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. This year is distinctive because of factors such as valuations, asset sizes and the mix of buyers. A number of trends have shifted. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among […]

Regulatory Pressures Contributing to M&A Slump

Regulatory challenges have contributed to the hospice sector’s current M&A slump, but this year’s volume nevertheless aligns with experts’ forecasts. In addition to those pressures, the industry is also in a cooling period in which companies focus on integrating the assets that many acquired during flurries of activity in 2021 and 2022, according to Mark […]

3 Nonprofit Hospice Providers to Watch in 2023

Though nonprofit hospices now represent a smaller slice of the industry than in years past, they continue to care for more than half of patients in the United States who elect the benefit. The number of hospices operating nationwide rose to 5,358 in 2021, according to the Medicare Payment Advisory Commission (MedPAC). This is a […]

Capital Caring-Chapters Affiliation Closes as Organization Begins ‘New Advanced Illness Care Era’

Capital Caring Health and Chapters Health System have officially joined forces as their affiliation plans solidify. The two nonprofit hospice and palliative care providers recently closed on an affiliation they announced at the end of last year. Capital Caring and Chapters Health will each retain their individual branding post-transaction. The affiliation will mean that more […]

Capital Caring Health to Expand Home-Based Primary Care Service

Virginia-based Capital Caring Health is expanding its home-based primary care program. The nonprofit hospice and senior services provider plans to offer primary care to a larger population of chronically ill patients with an emphasis on the Arlington County, Virginia, region. The philanthropic Washington Forrest Foundation is supporting the expansion through a grant. The dollar amount […]

How Hospice, Behavioral Health May Cross Paths

Hospice and behavioral health care could increasingly intersect in coming years as demand for specialized care grows. In some respects, the two sectors are already inextricably linked, given the holistic nature of hospice care, including attention to patients’ psychosocial and spiritual needs as well as bereavement support for families. But the prevalence of mental health […]

Chapters Health System, Capital Caring to Affiliate in 2023

Chapters Health System and Capital Caring Health have signed a letter of intent to affiliate. The agreement is expected to close in early 2023. This marks the third affiliation that Chapters announced or completed during 2022, following Cornerstone Hospice & Palliative Care early in the year and Hope Healthcare just last week. “In the past […]

Care Coordination Key to Hospices’ Success in Value-Based Care

As more health care reimbursement migrates towards value-based payment models, providers will need to master the art of care coordination. Seriously ill patients can easily fall through the cracks in a fragmented health care system, leading to poorer outcomes and costly hospital stays and emergency department visits. Closing these gaps is a rising priority in […]