More Nonprofit Hospices Consolidating Amid Economic, Regulatory Pressures

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. […]

Hospice of Washington County, Gilchrist Pen Affiliation Agreement

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 […]

Hospice of Washington County Relocates Offices, Palliative Care Clinic

Iowa-based Hospice of Washington County is rebuilding and relocating its administrative offices, which also houses the provider’s palliative care clinic. Executives have high hopes that the new location will not only improve patient access, but also staffing efficiencies. The hospice received a $60,464 grant from the Iowa Department of Agriculture and Land Stewardship to fund […]