JVs a Major Growth Engine for Hospices in 2024

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey, conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year. More than 62% of the […]

Hospice Investment Trends That Could Shape 2024

The hospice merger and acquisition (M&A) space has seen an increasingly diverse and growing mix of investors during the last five years. Demographic tailwinds are pushing a wider range of stakeholders into the hospice and palliative care realms. This has led to more hospitals, payers, large health systems and home health companies to make end-of-life […]

Hospices Navigate New Standards for Building Joint Ventures

Recent regulatory moves aimed at greater transparency and consistency in the structure of joint venture valuations may impact how hospices approach these partnerships. The Financial Accounting Standards Board (FASB) recently introduced a new rule that will require newly formed joint ventures (JVs) to disclose the net value of each participating asset at the onset of […]

Traditions Health Expands Reach with Acquisitions in 3 States

Traditions Health LLC has grown its reach with the acquisition of five hospice entities in California and Nevada. The move strategically expands its presence into those states, according to a recent announcement from the company. Traditions on Wednesday announced acquiring San Diego-based Sonata Hospice, as well as Cadence Hospice, Pacific Crest Hospice and Sonata Hospice […]

Experts Predict No COVID-19 Impact on Hospice M&A

During the last several years, the hospice mergers and acquisitions market has luxuriated in an upsurge in volume and valuations. The market strength displayed throughout 2016-2018 continued through the boom quarters of 2019, and the M&A advisory firms’ outlook for 2020 was positive. As 2019 closed, however, the firms’ partners could not have anticipated the […]

Three Oaks Hospice Purchases Peace Hospice & Palliative Care

Dallas-based Three Oaks Hospice has acquired Peace Hospice & Palliative Care in Naperville, Ill., for an undisclosed amount. Relatively new to the hospice arena, Three Oaks opened its doors in May 2019 and jumped quickly into the mergers and acquisitions market with the September purchase of three hospices in the company’s home state of Texas. […]

Hospice Saw Largest 2019 M&A Deals in Care-at-Home Sector

Hospice led the charge on mergers and acquisitions during 2019. Dollar amounts for hospice transactions surpassed those in similar markets such as home health care, even though fewer deals occurred last year in the hospice, home health care and home care spaces than in 2018, according to a new quarterly M&A report from advisory firm […]

Hospice Mergers and Acquisitions Outlook for 2020

Demographic growth and the availability of capital are among a handful of forces driving a robust mergers and acquisitions market in the hospice space, motivating companies to make acquisitions at a relatively brisk pace. From 2016 to 2018, the hospice M&A space saw more than 10 transactions of $250 million or more in total enterprise […]