This article is sponsored by SimiTree. In this interview, Hospice News sits down with Eric Scharber, Managing Principal, VP Talent Solutions, SimiTree, to talk about the factors behind wage growth in home-based care, as well as the impact it’s having on providers. He explores wage growth through a talent strategy lens, and he discusses how […]
The business of hospice is changing daily. Melynda Lee sees it. As consulting director for tech-enabled post-acute and behavioral health solutions provider SimiTree, Lee saw the industry’s expansion in both the non-profit and for-profit sectors prior to the pandemic, and has seen its regression since. The way out, she says, and the way up, is […]
Grasping the mix of objective and subjective forces fueling hospice valuations is key to maximizing a return on investment when considering a sale, according to dealmaking experts. Hospice valuations have remained high, partly due to an influx of new investors entering the space. Generally, these buyers see a promising return on investment and sustainable business […]
Hospices that are shaping their recruitment and retention strategies around work-life balance and career development have a fighting chance against competitors for sparse clinical staffing resources. As workforce shortages mount throughout the health care system, competition in the labor market has intensified. Hospices are increasingly competing with other health care providers for clinical staff as […]
Even for the most prepared hospice provider, change often contains an element of chance. This includes entry into new markets. Increasingly, providers are leveraging data to mitigate the potential risks that come with growth. Opportunities for expansion are not created equal. Whether a company grows through an acquisition, a de novo or other means, these […]
The hospice mergers and acquisitions market has been exploding in recent years, continuing to gain momentum despite pandemic-related pitfalls. Still, hospices need to tread lightly and keep a close watch on where they measure up in the highly competitive market, with quality and compliance posing the greatest risks to their value propositions, according to M&A […]
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