Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The Chemed Corp. (NYSE: CHE) subsidiary has seen record-highs in patient census volumes and is ramping up strategic plans to expand its geographic footprint across its home state. Acquisitions and de novos will make up an important mix of VITAS’ expansion, Chairman and CEO […]
Hospices need to do a better job of getting the word out about the job opportunities that exist for clinicians in the field, and how they differ from working in other health care settings. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. The COVID-19 pandemic exacerbated the crisis, […]
Several hospice and health care organizations have appointed new leaders to take the helm during a time of growing demand nationwide. Calvary Hospital Appoints New President New York-based Calvary Hospital recently announced that Michael Fosina has become its new president, succeeding CEO Jeff Menkes. Fosina was previously the hospital’s COO, serving in the role since […]
New presidential administrations always come with questions about what the future will hold, but Republicans’ focus on cost-cutting could bode well for home-based care — if providers can get their message across. Though uncertainties abound when it comes to the Trump administration’s approach to health care, many notable policies have been implemented during Republican administrations. […]
Palliative Care News spoke with a group of industry leaders about the most pressing market forces and trends that will shape the space during 2025. Their comments carried some common threads, including further movement towards value-based care, a need to secure payment through business-to-business partnerships, a need for more concurrent curative and hospice care, and […]
Historically, VITAS Healthcare has relied heavily on organic growth, a strategy the company is not turning away from. However, it may add more acquisitions to the mix. VITAS is a subsidiary of Chemed Corp. (NYSE: CHE). The company this year made its return to the M&A market after a hiatus of several years. In April, […]
Hospice News spoke with a group of industry leaders about the most pressing market forces and trends that will shape the space during 2025. Their comments carried some common threads, including rising demand for care in the home, continued labor pressures, industry consolidation and intensifying regulatory scrutiny. They also spoke about the need for greater […]
Hospice providers across the country have recently launched new inpatient facilities as 2025 unfolds. The new year may also bring closures of certain hospice programs. VITAS Opens 2 New Locations VITAS Healthcare on Wednesday announced the opening of its new inpatient hospice unit in Fort Worth, Texas. The news follows the hospice provider’s recent launch […]
Last night, a farmer died in Georgia, leaving a legacy as long as a comet’s tail. James Earl Carter Jr., 100-years-old, passed away Sunday evening in his home where he had been receiving hospice care. Carter, a Democrat, served as the 39th president of the United States between 1977 and 1981. Previously, he was governor […]
Hospice investment trends took myriad routes this year, seeing a few common threads occurring among nonprofit and for-profit entities that hint at where the market may be heading. The scope of hospice deals in 2024 encompassed joint ventures and collaborative affiliations in addition to acquisitions. Some of these transactions were fueled by value-based reimbursement and […]
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