More research is emerging indicating that patients are receiving hospice care too late. The COO of one large hospice provider believes that data can help combat this trend, but that a larger cultural shift is called for as well, to make end-of-life care more “mainstream.” Corina Tracy has been on the frontlines of end-of-life care […]
Despite regulatory and operational challenges within the home health and hospice industries, competition remains strong, as evidenced in Chicago-based research firm LexisNexis’ 2017 Top 100 Home Health and Hospice Agencies Rankings. The 2017 rankings were compiled by LexisNexis Risk Solutions utilizing 2016 medical claims and patient volume data from the company’s proprietary “MarketView” claims database, […]
In-home care providers continue to see tremendous growth year after year, with more than a few being listed among the “fastest-growing,” according the 2017 Inc. 5000 ranking of the nation’s fastest-growing private companies. The 2017 roundup featured a total of 22 in-home care providers, up from 13 last year. This stronger presence should come as no […]
The Centers for Medicare & Medicaid Services (CMS) has launched a new tool meant to help patients and their families find hospice care that best suits their needs. Hospice Compare is a new website that displays metrics related to the quality of care that a hospice provider delivers to its patients. The site is part of the CMS […]
Compassus Hospice Adds Senior VP and Chief Medical Officer Compassus, a nationwide network of community-based hospice, palliative and home health programs, appointed Kurt Merkelz, MD, to the organization’s executive team as senior vice president and chief medical officer. In this new role, Merkelz will lead Compassus’ quality and clinical initiatives across the more than 150 […]
The amount of money being put toward acquiring home health and hospice companies is increasing, according to the latest figures from Irving Levin Associates, Inc.’s ‘Health Care M&A Report.’ Specifically, the dollars spent on home health and hospice mergers and acquisitions in the first quarter of 2016—in cases where the price was disclosed—rose 69% from […]
Kentucky Home Health Company Changes Name Lexington, Kentucky-based Nurses Registry has changed its name to Commonwealth Home Health. The home health provider is owned by parent company, LHC Group Inc. (NASDAQ: LHCG), a national provider of post-acute care services headquartered in Lafayette, Louisiana. LHC Group acquired the assets of Commonwealth Home Health in a transaction […]
This week, we had plenty of news to share with our readers. We let you know that Genesis was moving on from its home health and hospice operations in a sale worth $84 million. We also brought you coverage from the Illinois Home Care & Hospice Council Conference and stayed up-to-date on the latest earnings […]
One of the nation’s largest providers of post-acute care, Genesis Healthcare (NYSE: GEN), has sold the majority of its home health and hospice operations to post-acute provider Compassus for $84 million. The deal is expected to close within 90 days, pending regulatory approvals and other closing conditions. Genesis, which comprises more than 500 skilled nursing […]
Community-based hospice company Compassus has acquired Hospice Advantage, an operator focused on end-of-life care, in a deal that allows the company to enter markets in three new states. The transaction, announced last week, expands Compassus’ footprint to 150 locations in 28 states to serve more than 30,000 patients and their families each year, according to […]
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