While several health care providers have expanded their diversity initiatives to bridge racial divides, hospices have much room to grow in fostering stronger connections with underserved communities of color. Hospice providers who participated in a recent nationwide study indicated that increasing staff diversity and developing committees dedicated to diversity initiatives were strategies yielding the most […]
New physician relationships are anticipated to be a major opportunity for referral partnership growth in 2021 among hospice providers. Communicating the value of hospice care to physicians will be an important key to developing and sustaining this largely untapped area of referring relationships. Demographics, evolving payment models and shifts in patient accessibility during COVID-19 are […]
Despite facing forceful pandemic-related headwinds from COVID-19, mergers and acquisitions and organic growth are fueling market share growth among the organizations listed in the LexisNexis 2020 Top Hospice Providers report. VITAS Healthcare, a subsidiary of Chemed Corp. (NYSE: CHE), led the charge as the largest hospice provider in the United States last year, with 4.42% […]
Hospice and home health provider AccentCare has installed Chris Dimos as the company’s first chief operations officer. Dimos comes to AccentCare after serving as president of retail solutions at McKesson Pharmaceutical Solutions and Services, a segment of McKesson Corp. (NYSE: MCK), a Fortune 10 company. Dimos began his health care career as a pharmacist and moved […]
The year 2020 brought unprecedented disruption to the hospice space, mostly due to the COVID-19 pandemic. The outbreak strained providers ability to provide care, access patients in homes and facilities and to maintain a healthy bottom line in light of lost revenues and rising costs. Despite these challenges and economic headwinds, hospices adapted, improvised and […]
Post-acute care company AccentCare and Rosemont, Ill.-based Seasons Hospice & Palliative Care have completed their planned merger, having cleared customary regulatory and governance hurdles. The combined company will provide a full continuum of home-based health care services, including hospice, palliative care, home health care and personal care. AccentCare is a portfolio company of the private equity […]
Health care workers and long-term care residents are among the highest priority groups as a coronavirus vaccine rolls out across the United States. While enthusiastic about the opportunity to protect staff from COVID-19, hospices remain concerned about vaccination storage costs and increased labor and operational expenses. The U.S. Food and Drug Administration (FDA) issued the […]
Via their upcoming merger, AccentCare and Seasons Hospice & Palliative Care are integrating their business lines to create a home-based health system providing a spectrum of post-acute care services. Meanwhile, the companies are investigating ways to provide more advanced care in the home setting. AccentCare is a portfolio company of the private equity firm Advent […]
With coronavirus vaccinations currently in the works, the federal government is developing a framework for equitable allocation. Hospices are among the providers waiting for access to a vaccine, with concerns mounting about availability, efficacy and distribution. These concerns are coming to the forefront as the U.S. Centers for Disease Control and Prevention (CDC) has indicated […]
Post-acute care company AccentCare will merge with Rosemont, Ill.-based Seasons Hospice & Palliative Care. The combined company will provide a full continuum of home-based health care services, including hospice, palliative care, home health care and personal care. AccentCare is a portfolio company of the private equity firm Advent International, which purchased the provider from Oak […]
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