Hospice acquisitions slowed slightly between the first and second quarters of the year. Five hospice transactions took place in Q2, down from the seven deals reported in Q1, according to a recent report from the M&A advisory firm Mertz Taggart. This continues a years-long slump in the hospice M&A market, following record years in 2021 […]
The health care and technology-focused investment firm Cressey & Company has invested an undisclosed dollar amount in the hospice and palliative care care provider Paradigm Health. Cressey & Company joins the investment firm Havencrest Capital Management, which infused Paradigm Health with capital in 2021 and also participated in this current recapitalization. Cressey & Company had […]
Palliative approaches can help address gaps of care among patients with a diverse range of rare chronic and serious illnesses. Rare diseases include a broad spectrum of illnesses experienced by a smaller proportion of the general population. Although uncommon, the severity of symptoms and increased mortality risks associated with rare diseases is fueling greater demand […]
Hospice of the Chesapeake Appoints New CMO Maryland-based Hospice of the Chesapeake recently named Dr. Marny Fetzer as its new chief medical officer. Fetzer is currently system medical director for palliative care and hospice services at Illinois-based Ascension Health. She will step into the role at Hospice of the Chesapeake in July, alongside seeking a […]
Paradigm Health CEO and founder retires After nearly a decade at the helm of Paradigm Living Concepts LLC (Paradigm Health), President and CEO Jeff Jarecki is stepping into retirement. Michelle Pickering will take the reins of the Indiana-based hospice and palliative care provider. Jarecki founded Indiana-based Paradigm Health in 2013. The company cares for more […]
The hospice workforce has been dwindling even as demand for care rises. Factors such as retirement and burnout are leading some clinicians to leave the field, and the limited number of health care workers with hospice and palliative care training have made the industry an employee’s market. Becoming an employer of choice in their markets […]
Private equity firm Havencrest Capital Management has made an investment in hospice and palliative care provider Paradigm Health. This marks the health care-focused investment firm’s first hospice acquisition, driven by the industry’s movement towards value-based care and rising utilization. The amount of the investment was undisclosed. Paradigm Health, founded in 2013, cares for more than […]
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