Rising interest rates and unlikely to deter investors or strategic buyers from acquiring hospice companies. The Federal Reserve raised interest rates by 0.75% earlier this month. The rates now range from 3.75% to 4%. The Fed will likely institute further rate hikes to combat record-high inflation. Higher interest rates will push up borrowing costs, making […]
Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. The transaction also gives Choice its first foothold in the Grand Canyon State. Established in 2003, Instant Care of Arizona provides in-home senior care and caregiving support to patients and their families […]
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 […]
A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Like most business sectors, health care has felt the aftershocks of global economic trends such as rising inflation, supply chain disruption, and the continued effects of […]
Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. The most recent example is the 2020 implementation of the Patient-driven Groupings Model (PDGM). Uncertain about how this new payment system would impact their businesses, a number of strategic buyers […]
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 […]
The labor pressures in the hospice community are straining clinical operations, but the issue is also becoming a more pressing concern when it comes to mergers and acquisitions. Buyers, in fact, are paying much closer attention to workplace culture and human resources as they select acquisition targets. Hospice M&A has been exploding in recent years […]
Hospice agencies have been in high demand in the health care mergers-and-acquisition market in recent years, particularly among private equity firms. As that trend continues, some hospices themselves are considering their own investments in businesses that can bolster their current services and bottom lines, including private-duty and non-medical home care care. A few factors are […]
Private equity and venture capital investors continue to flock to the hospice space. When negotiating with investors that are new to the industry, providers in some cases are coming to the table with parties that are not familiar with the regulatory environment, even as federal enforcement activity ramps up. Of the 23 hospice-related deals in […]
The nonprofit Arkansas Hospice has acquired First Choice Senior Care (FCSC) of Little Rock for an undisclosed sum. FCSC provides companion services, personal care and other programs to address the nonmedical needs of the aging and seriously ill. Arkansas Hospice cares for nearly 600 patients daily from 10 locations and three inpatient facilities in 43 […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
