Hospices seeking to build stronger relationships with other community-based organizations may be able to adapt some of the strategies that health systems and Accountable Care Organizations (ACOs) have implemented. These community partnerships have become a key strategy to address social determinants of health, improve health equity, and educate the public about hospice and palliative care. […]
While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of the end of Q2, this included 23 deals compared to 17 […]
Maryland-based hospice and palliative care provider Gilchrist recently formed a joint venture with the hospital system Luminis Health to expand the full scope of senior and geriatric care in the state’s southern region. Through the JV, the two organizations formed the Luminis Health Gilchrist Lifecare Institute as a way to provide an “integrative continuum of […]
More hospice and palliative care providers are pursuing joint ventures with hospitals and health systems. Joint ventures offer unique advantages compared to traditional referral streams, according to Aaron Stein, COO of Contessa Health, a subsidiary of Amedisys (NASDAQ: AMED). Joint ventures allow providers to develop integrated care models that build improved transitions of care, said […]
More hospitals and health systems are stepping into the home-based hospice space, often seeing joint ventures as a promising route to a return on their investment. While there are several factors driving facility-based health care organizations to eye home-based care, more than anything, hospices and other providers should simply be aware that the “normal” look […]
Amedisys subsidiary (NASDAQ: AMED) Contessa Health has partnered with Texas-based health system Baylor Scott & White Health to develop a model for continuous care in the home, which includes palliative care components. The move is aimed at providing new alternative care models to extend comprehensive, coordinated care to patients’ homes, including hospital-level care, palliative and […]
Amedisys (NASDAQ: AMED) is fired up for more hospital joint ventures, a new area of focus for the Baton Rouge, La.-based home health and hospice provider. Driving this renewed interest is the company’s June 2021 purchase of Tennessee-based Contessa Health for $250 million. While Amedisys had a few JVs before that transaction, Contessa came with […]
Trinity Health at Home recently acquired Iowa-based Above & Beyond Home Health Care and Hospice for an undisclosed sum. The two will officially join forces on July 1 in a move aimed at expanding much-needed care in local communities. The home health and hospice provider is part of Trinity Health, a large, faith-based nonprofit health […]
Private equity (PE) firms represent the strongest competitors for strategic buyers in the hospice mergers-and-acquisitions market. Hospice M&A activity cooled off across the board during the first quarter of 2022. In part, this is because a range of buyers scrambled to complete deals during late 2021 and are now focused on integrating those assets. But […]
Amedisys appoints new chief strategy officer Home health and hospice provider Amedisys Inc. (NASDAQ: AMED) recently named Nick Muscato as its new chief strategy officer. Muscato previously served as senior vice president of finance for seven years before stepping into the role. Moscato has led the company’s investor relations activities and has played a “pivotal […]
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