Though investors and strategic buyers didn’t wade quite as deep into the hospice market in 2022 compared to years prior, the tide may be rising for M&A during 2023. Though hospice M&A activity fluctuated last year, volume is expected to rebound, but probably with larger numbers of smaller deals. Swelling demand for hospice and home […]
Encompass Health
A new multi-state home health and hospice player, VitalCaring Group, has emerged under the leadership of health care entrepreneur and executive April Anthony. Most recently, Anthony was CEO of home health and hospice for Encompass Health (NYSE: EHC). She stepped down from that role in spring 2021. This came just months before Encompass began its […]
Mortality predictions and behavioral nudges by machine learning systems are associated with increased advance care planning utilization and reductions in high-acuity care. Researchers at the University of Pennsylvania recently studied the effectiveness of machine learning algorithms in identifying high-risk cancer patients nearing the last six months of life between June 17, 2019 and April 20, […]
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 […]
Enhabit Home Health & Hospice (NYSE: EHAB) is adapting some aspects of how they integrate newly acquired hospice assets. Early on the company would implement a set of processes that were symmetrical with those in its home health business, but agencies in its hospice segment experienced some difficulties with those transitions. This contributed to a […]
Enhabit Home Health & Hospice (NYSE: EHAB) has honed its sights on hospice growth, with substantial investments into staffing and acquisitions. Enhabit executives recently discussed what these investments mean for the future of its hospice business segment at the recent Wells Fargo Healthcare Conference in Boston. “Hospice has been more of a growing side of […]
Enhabit Home Health & Hospice (NYSE: EHAB) is running against the wind right out of the gates due to labor and capacity constraints — but remains poised for hospice acquisitions as the rest of this year unfolds. Enhabit completed its split from Encompass Health (NYSE: EHC) last month, becoming its own separate, publicly traded company […]
Hospice acquisition volumes and price tags have hit record highs for several years running. Now, the companies that performed well under the pandemic’s pressure may be drawing more interest from buyers. While a sizzling hospice market saw a cooled start this year, merger and acquisition activity is still outpacing other health care sectors. Demographic tailwinds, […]
Empath Health appoints chief medical executives Florida-based Empath Health recently appointed two new chief medical executives. Dr. Carol Li serves as its chief mission medical administrative officer, and Dr. Neville Sarkari as its chief mission medical affairs officer. In these roles, both will be crucial to the company’s clinical staff retention capabilities, according to Empath […]
Enhabit Home Health & Hospice will be pursuing geographic expansion from the moment it gets off the ground. The forthcoming spinoff from Encompass Health (NYSE: EHC) has allocated $2 million to $3 million to fund de novo locations for the remainder of the year, according to 2022 guidance released today. Enhabit has also put aside […]