Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations, finance and perceptions of dying among the public. Utilization of hospice is rising throughout the county, a trend likely to continue. While this is welcome news, this likely means hospices will have […]
Large acquisitions, regulatory headwinds and the fate of COVID-era telehealth flexibilities were top-of-mind issues for hospice providers in 2025, as evidenced by the 10 most-read Hospice News stories of the year. Three of our top 10 stories focused on the acquisition of Amedisys by the insurance giant UnitedHealth Group (NYSE: UNH), including the closing of […]
Traditions Health has been acquired by four hospice providers, each dividing the company’s assets across their geographic footprints. The Care Team, VitalCaring, LifeCare Home Health Family and Mission Healthcare have each purchased a portion of Traditions Health’s locations. Financial terms of these transactions are undisclosed. Traditions was formerly a portfolio company of the private equity […]
Hospices are beginning to leverage technologies used to identify eligible patients in need to recruit and retain staff amid ongoing workforce shortages. Systems like artificial intelligence (AI), predictive analytics, and machine learning have helped providers identify eligible patients sooner in their disease process. Hospices are now applying those tools to help relieve industry-wide labor pressures. […]
Agape Care Group Appoints M&A VP Alex Ferguson has stepped into the role of senior vice president of mergers and acquisitions at Agape Care Group. The South Carolina-based hospice and palliative care provider is a portfolio company of the private equity firm Ridgemont Equity Partners. In his new role, Ferguson will assess and prioritize M&A […]
Philadelphia-based First Docs is poised for multi-state expansion after securing new investment dollars from the private equity firm Webster Equity Partners. First Docs is a physician-led internal medicine practice that offers a range of health care services and frequently collaborates with hospice, palliative care, and home health providers, among others. The amount of Webster’s investment […]
Former Landmark Health CEO Nick Loporcaro recently joined the Chicago-based private equity firm The Vistria Group as a senior operating partner. Vistria currently counts hospice provider Mission Healthcare in its portfolio. While Mission is Vistria’s only current hospice asset, the firm is a long-time investor in the hospice space. Late last year, Vistria sold Agape […]
Favorable demographics and rising demand are attracting a range of investors to the hospice space, with private equity leading the way in terms of deal volume. However, the fee-for-service payment model within the Medicare Hospice Benefit is also a key driver of buyers’ interest. Value-based payment programs have opened up to hospices in 2021. This […]
San Diego-based Mission Healthcare has purchased three hospice and home health agencies in its continuing push for multi-state expansion. The company’s newly acquired assets include Tender Care Home Health & Hospice and Sun Tree Hospice in Utah, as well as Hands of Hope Home Care & Hospice in Idaho. Financial terms were undisclosed. Mission is […]
California-based Mission Healthcare has acquired the multi-state home health provider Healthy Living Network. This will add 5,000 patients to Mission’s daily census as well as 36 new locations. The transaction furthers Mission’s growth trajectory, which includes the purchase of the Utah, San Francisco-area, and Ventura County, Calif., locations of Silverado Hospice last month for an […]
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