Hospice has emerged as a growth engine for publicly traded home-based care companies, several of which are on the hunt for acquisitions. Hospice has buoyed growth for several companies as they battle home health-related headwinds, including reimbursement pressures. Companies like VITAS Healthcare, which only provide hospice and palliative care, also saw substantial growth. VITAS is […]
Palliative care providers face a host of unique recruitment and retention challenges compared to others, with organizations employing diverse strategies to rise above the competition. Misunderstandings about palliative care can serve as a large barrier to retention, said Wendy Winokur, vice president of Traditions Health Palliative Care, part of Traditions Health LLC. The nuances of […]
Florida-based VITAS Healthcare has expanded the reach of its hospice services into a new region of its home state amid rising demand. The Chemed Corp. (NYSE: CHE) subsidiary on May 15 began accepting hospice referrals in communities throughout Marion County, Florida. The expansion widens VITAS’ reach to patients in 59 of the state’s 67 counties. […]
Florida-based VITAS Healthcare is taking a more “relationship-based” approach to growth in 2025. The Chemed Corp. (NYSE: CHE) subsidiary’s expanding geographic footprint in Florida has been heavily fueled through organic growth. The prospect of acquisitions is playing a larger role, with the hospice company recently setting its sights on expansion across 12 states. VITAS has […]
New hospice locations have opened up across the country amid program closures. VITAS Widens Footprint in Texas Florida-based VITAS Healthcare is opening two new administrative offices in central Texas in response to rising demand for hospice care. Set to open in late June, the Chemed Corp. (NYSE: CHE) subsidiary’s new offices are located in Kyle […]
Vitas Healthcare’s 2024 purchase of Covenant Health and Community Services is helping to drive the company’s growth. VITAS acquired Covenant last year for $85 million. The transaction included Covenant’s hospice assets and marked an important milestone for VITAS, including its entry into the assisted living space and in the Alabama market while expanding its geographic […]
VITAS Healthcare, a subsidiary of Chemed Corp. (NYSE: CHE) has achieved the American Heart Association® (AHA) Palliative/Hospice Heart Failure certification across all 15 states in which the company operates. The certification reflects a growing trend of hospices pursuing disease-specific certifications or programs as a way of diversifying their services within the Medicare Hospice Benefit. VITAS […]
Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The Chemed Corp. (NYSE: CHE) subsidiary has seen record-highs in patient census volumes and is ramping up strategic plans to expand its geographic footprint across its home state. Acquisitions and de novos will make up an important mix of VITAS’ expansion, Chairman and CEO […]
Hospices need to do a better job of getting the word out about the job opportunities that exist for clinicians in the field, and how they differ from working in other health care settings. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. The COVID-19 pandemic exacerbated the crisis, […]
New presidential administrations always come with questions about what the future will hold, but Republicans’ focus on cost-cutting could bode well for home-based care — if providers can get their message across. Though uncertainties abound when it comes to the Trump administration’s approach to health care, many notable policies have been implemented during Republican administrations. […]
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