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 […]
Care & Comfort
Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. Optum to pick up LHC Group Though […]
The hospice merger and acquisitions market has been running hot, with activity showing no signs of cooling as 2022 kicks off. Even so, intensifying regulatory pressure could lead a larger contingent of smaller providers to sell, further stimulating the market. M&A activity in the home health and hospice spaces outpaced other health care service sectors […]
Industry consolidation has been robust in the hospice space, with deal volume and valuations outpacing other health care industry sectors. Most of these transactions involve one for-profit company buying another. However, more instances are cropping up in which a for-profit agency purchases a nonprofit hospice. While individual nonprofits have grown in recent years, in aggregate […]
Maine-based Androscoggin Home Health Care + Hospice has acquired home and behavioral health care company Care & Comfort for an undisclosed sum. The behavioral health component represents a new business line for Androscoggin, a move fueled by a demonstrated need for those services in their home state. The deal is slated to close Feb. 1. […]