As M&A in the for-profit space continues its two-year slump, nonprofits are consolidating in rising numbers. Recent years have seen an uptick in consolidation activity among nonprofits in the hospice space. Increasingly, nonprofits are pursuing acquisitions and affiliations, as well as forming regional collaboratives. In addition, some nonprofits have also been acquired by for-profit companies. […]
Two Maryland-based hospices, Hospice of Washington County and Gilchrist, have agreed to affiliate. The organizations, both nonprofits, indicated that the affiliation would enable their combined company to expand geographically and further extend their scope of services, while contributing to their financial strength, according to a press release. Together, they serve much of central and southern […]
In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! Spiritual hospice care providers are an important link to building bridges of access and trust among underserved African American populations. Spirituality plays a key role in end-of-life decisions among African […]
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 […]
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