Hospice providers have ramped up staff screening procedures as the novel coronavirus swept its way across the nation earlier this year. The pandemic continues to build speed with spikes in cases and death counts. St. Croix Hospice is among the providers boosting their infection control procedures. The hospice recently implemented weekly COVID-19 testing among staff […]
The Future Leaders Awards program is brought to you in partnership with PointClickCare. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health and hospice care. To see this year’s future leaders, visit Future Leaders online. Mandy Cogswell, chief clinical officer for Minnesota-based […]
Hospice providers are charging ahead with merger and acquisition transactions this year despite taking a few financial punches from the COVID-19 pandemic. While the larger health care M&A market saw more disruption, hospice activity proceeded apace according to a new report from Provident Healthcare Partners. Acquisitions in the health care services sector slowed significantly in […]
The Chicago-based private equity firm The Vistria Group is seeking a buyer for its portfolio company St. Croix Hospice, headquartered in Minnesota, according to a report from the Wall Street Journal. A spokesperson representing Vistria Group made no comment to Hospice News about its plans for St. Croix. St. Croix operates locations throughout Kansas, Minnesota, […]
St. Croix Hospice, a portfolio company of the Chicago-based private equity firm Vistria Group, has opened a de novo location in Iowa, continuing the company’s expansion across the Midwest. The new location will care for patients in nine Iowa counties. St. Croix serves a total of 79 counties in that state, with additional locations throughout […]
Hospices nationwide are designating specific interdisciplinary clinicians who work exclusively with COVID-positive patients to reduce risk to the rest of their staff and vulnerable patient populations. Selecting staff to serve on dedicated COVID teams has involved several considerations and additional measures as hospices work to minimize exposure. “The communities we serve in general are seeing […]
St. Croix Hospice, a portfolio company of the Chicago-based investment firm the Vistria Group, has opened a new location in Humboldt, Iowa that will serve patients in 10 counties in that state. With the establishment of this de novo, Minnesota-headquartered St. Croix will serve more than 75% of Iowa counties. Iowa ranks fifth in the […]
The first quarter of 2020 has borne out the expectation that the COVID_19 pandemic would have little impact on hospice mergers and acquisitions, at least in the short term. Close to 15 M&A transactions occurred during Q1. This slightly exceeds the 14 transactions that occurred during the fourth quarter of 2019 and beats the total […]
St. Croix Hospice, based in St. Paul, Minn., further expanded its reach of services across the Midwest with a new location in LaCrosse, Wisc. The investment into the state’s hospice market has the potential to impact more than a million senior citizens living in that state. St. Croix is a portfolio company of the Chicago-based […]
Minnesota-based St. Croix Hospice has purchased Serenity Care Hospice in Harrison, Mo., for an undisclosed amount. St. Croix is a portfolio company of the Chicago-based private equity firm Vistria Group. The transaction marks St. Croix’s entry into the Missouri market. Serenity Care Hospice serves about 100 patients daily in five Missouri counties. Executive Director Stephanie […]