A lack of nursing and medical education in hospice and palliative care creates an additional obstacle for providers trying to push back against industry-wide labor shortages. Not only are hospices competing with other health care sectors for new hires, but the vast majority of clinicians entering the workforce are unprepared to provide those services. Most […]
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 […]
The hospice mergers and acquisitions market has been burgeoning for the last several years and continues to accelerate. Hospice leads the health care sector in terms of investor interest and valuations, but providers may hit some walls if workforce shortages worsen. Among the driving forces behind this continued acceleration include demographic tailwinds, rising demand and […]
Hospice and home health provider LHC Group (NASDAQ: LHCG) will provide $20 million in funding during the next 10 years to the University of Louisiana at Lafayette College of Nursing and Allied Health Professions. The company is hoping to stem the tide of ongoing staffing shortages that are expected to worsen in coming years. The […]
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