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All posts tagged with “Hospice Provider News | For-profit News.”
Headwaters Hospice and Palliative Care appoints James Bisom as new CEO
10/30/25 at 03:00 AMHeadwaters Hospice and Palliative Care appoints James Bisom as new CEO CityBuzz; Press Release; 10/29/25Headwaters Hospice and Palliative Care [in Helena, Montana] has announced the appointment of James Bisom, MHA, as its new Chief Executive Officer. With over 14 years of healthcare leadership experience, Bisom assumes leadership of the veteran-owned healthcare provider with a clear mission to advance quality of life, dignity, and comfort for patients and families throughout Montana. ... Throughout his career, he has championed strategic initiatives that improved patient safety, expanded access to specialized services, and enhanced overall care delivery.
Hospice organizations: 5 tips for building a direct-to-consumer campaign
10/28/25 at 03:00 AMHospice organizations: 5 tips for building a direct-to-consumer campaign McKnights Home Care; by Andrew Robinson; 10/22/25 [... Why] are so many hospice organizations so reliant on waiting for families to find you through referrals? Referrals usually come too late. And families are left scrambling to make sense of their options. This is why direct-to-consumer marketing is not only appropriate, it’s essential. Here are five tips on how to effectively create and execute hospice direct-to-consumer marketing.
Genesis holds groundbreaking ceremony for new hospice care facility
10/27/25 at 03:00 AMGenesis holds groundbreaking ceremony for new hospice care facility Spectrum News 1, Zanesville, OH; by Ruby Jackson; 10/22/25 On Tuesday, Genesis HealthCare System held a groundbreaking ceremony to celebrate the construction of its new Genesis Hospice Care inpatient facility. The new facility has been dubbed the J.W. & M.H. Straker Foundation Hospice House and is planned to finish construction in 2026. ... A total of $7.4 million was donated from the community organizations and individuals during a capital campaign.
Ex-employee sued bankrupt SLO County hospice group 3 times. Here's why
10/14/25 at 03:00 AMEx-employee sued bankrupt SLO County hospice group 3 times. Here's whyMSN San Luis Obispo County, CA; 10/13/25 A former employee of Wilshire Health and Community Services filed three lawsuits against the organization in the past two years, accusing the now-bankrupt nonprofit of violating numerous labor laws including using unfair pay practices, gender-based discrimination and wrongful and retaliatory termination.
Aveanna ‘not a buyer of hospices’ due to high multiples
10/13/25 at 03:00 AMAveanna ‘not a buyer of hospices’ due to high multiples Hospice News; by Jim Parker; 10/10/25 Aveanna Healthcare Holdings (Nasdaq: AVAH) is hungry for acquisitions, but hospice transactions are likely not on the menu. Aveanna’s expanding hospice and home health business has largely included a focus on organic growth and tuck-ins across its existing geographic markets. Acquisitions could make up a larger portion of its strategy on the near horizon, according to CEO Jeff Shaner. The company has been less active on the M&A front in recent years, taking a cautious approach to growth, he previously indicated. However, the company is not in the market for hospices due to high valuations in the space compared to other health care sectors like home health or private duty services.
Home health & hospice's top advocacy priorities
10/10/25 at 02:00 AMHome health & hospice's top advocacy priorities TIMSHME.com; by Steve Landers; 10/5/25 The National Alliance for Care at Home (the Alliance) is the largest organization representing, advocating for and convening providers of home-based care, representing over 1,500 organizations and more than 10,000 agencies serving millions of people nationwide. ... Last month, the Alliance convened more than 230 frontline providers and leaders in Washington to advocate for these priorities. ... Advocates shared the key issues impacting care, why it matters and what Congress should do about it.
Hospice chain settles fraud claims for $3 million
10/09/25 at 03:00 AMHospice chain settles fraud claims for $3 million Law.com; 10/7/25 Guardian Hospice of Georgia and affiliated firms Guardian Home Care Holdings and AccentCare have agreed to pay $3 million to settle whistleblower claims that they submitted false claims to Medicare and Medicaid for hospice patients that were not terminally ill, the acting U.S. attorney in Atlanta announced Oct. 2.
Study: PE-owned hospices have highest profits, lowest spending on direct patient care
10/09/25 at 02:00 AMStudy: PE-owned hospices have highest profits, lowest spending on direct patient care McKnights Home Care; by Liza Berger; 10/8/25 Compared to publicly traded company-owned and other for-profit hospices, private equity (PE)-owned hospices reported the highest profits and lowest spending on direct patient care and nonsalary administrative services, a study published Tuesday in Health Affairs revealed. The study, which used 2022 Medicare cost reports, compared revenue and expense data across four hospice ownership models: PE-owned, publicly traded company-owned, other for- profit, and not-for-profit. The sample consisted of 2,989 freestanding hospices ... [Across] the board, not-for-profits spend about 20% more on direct patient care services than other for-profits. And that seems to be driven by a pretty big difference in nurse salaries, which to us implies that staffing tends to be better at or at least more robust at not-for-profits. ... A body of research has found that for-profit hospice ownership, including private equity, is associated with poorer quality, higher rates of complaints, a higher number of live discharges, and a higher hospitalization rate compared with not-for-profit ownership.
Winnetka man gets nearly 5 years for role in $16M Medicare fraud
10/08/25 at 03:00 AMWinnetka man gets nearly 5 years for role in $16M Medicare fraud Los Angeles Daily News, Los Angeles, CA; by City News Service; 10/6/25 A San Fernando Valley man was sentenced Monday, Oct. 6, to four years and nine months behind bars for his role in conning Medicare out of nearly $16 million through sham hospice companies and then helping launder the illicit proceeds. Karpis Srapyan, 35, was also ordered to pay restitution of $3.2 million to Medicare, according to the U.S. Department of Justice.
Uplift Hospice acquires Grace Hospice, Medical Group
10/08/25 at 03:00 AMUplift Hospice acquires Grace Hospice, Medical Group Hospice News; by Jim Parker; 10/2/25 Uplift Hospice has acquired Tucson, Arizona-based Grace Hospice & Palliative Care and Grace Medical Group for an undisclosed amount. The transaction not only boosts the company’s average daily census and builds density in their Arizona service region, it will also help them scale their small but growing home-based primary care and palliative care businesses. Uplift currently has one medical group active in Nevada and is seeking to expand those services across their footprint, which also extends into Texas.
Pennant Group completes strategic acquisition of operations
10/03/25 at 03:00 AMPennant Group completes strategic acquisition of operations Investors Hangout; by Ryan Hughes; 10/2/25 ... Pennant Group is set to integrate operational assets worth approximately $146.5 million, encompassing various home health, hospice, and personal care services primarily situated in the Southeast. This acquisition includes 54 locations across multiple states, primarily focusing on the healthcare needs of communities in the region. ... An important aspect to highlight is that about two-thirds of the total revenue is associated with home health services, while the remaining third is linked to hospice care.
Government shutdown impact on telehealth for hospice and palliative care providers
10/02/25 at 03:00 AMCMS telehealth waivers, virtual hospice re-certification, expire Hospice News; by Jim Parker; 10/1/25 The regulatory flexibilities related to telehealth that the U.S. Centers for Medicare & Medicaid Services (CMS) implemented during the COVID-19 pandemic have expired. This includes the ability of hospices to perform patient re-certification face-to-face encounters via telehealth. Also expiring are waivers that expanded the scope of practitioners eligible to provide telehealth services, as well as flexibilities that removed geographic requirements and expanded originating sites for telehealth services, including or federally qualified health centers and rural health clinics. The government’s failure to extend or make permanent the telehealth re-certification waiver is a “grave mistake,” according to Tom Koutsoumpus, CEO of the National Partnership for Healthcare & Hospice Innovation (NPHI).
Report sounds alarm about private equity’s growing involvement in PACE
10/02/25 at 03:00 AMReport sounds alarm about private equity’s growing involvement in PACE McKnights Home Care; by Adam Healy; 9/24/25 The Program of All-inclusive Care for the Elderly (PACE), a program funded by Medicare and Medicaid, is an increasingly attractive target for private equity investors. This may be a cause for concern, according to a new report by the Private Equity Stakeholder Project. “Private equity sees PACE as a guaranteed revenue stream, not a care model,” Michael Fenne, report author and PESP’s senior healthcare research coordinator, told McKnight’s Home Care Daily Pulse Wednesday in an email. “The result is that PACE, once a nonprofit-driven model focused on keeping seniors healthy at home, is increasingly being treated as a financial opportunity for investors.”
Commentary: New York must act now to protect quality hospice care
10/01/25 at 03:00 AMCommentary: New York must act now to protect quality hospice care Times Union; by Cara Pace, Liz Krueger and Amy Paulin; 9/30/25 When your loved one is entering the final stage of their life, who would you rather manage their care: a nonprofit solely dedicated to providing the highest quality care possible? Or a private entity seeking to maximize profits? ... However, for-profit hospices now account for 70% of the market, up from 5% 35 years ago. This comes despite studies showing that for-profit hospices provide fewer essential services, employ less skilled staff, receive a higher volume of complaints and contribute less to their communities than their nonprofit counterparts. ... That's why we introduced legislation (S.3437/A.565) to prohibit the state from approving new applications for the establishment, construction or increased capacity of for-profit hospice entities. The two existing for-profit providers would not be touched, though their capacity to expand would be limited. The legislation now awaits Gov. Kathy Hochul’s signature.Editor's Note: For-profit or non-profit status alone does not speak to the quality of care provided by the individual hospice. Some for-profits provide excellent care; some non-profits do not. This article speaks to evidence-based data, quality scores, patterns, trends, and cumulative results from CAHPS, HIS (which is being replaced by the HOPE Tool, effective today), and more. Examine quality scores in your services with the National Hospice Locator (ranked by scores), provided by National Hospice Analytics.
Heart to Heart Hospice expands service in Southern Indiana
09/29/25 at 03:00 AMHeart to Heart Hospice expands service in Southern Indiana The LaGrange Daily News, Plano, TX; by PR Newswire; 9/25/25 Heart to Heart Hospice, one of the country's largest private providers of hospice care, has expanded its service area in southern Indiana with the recent opening of a new location in Corydon to meet needs in six additional counties. The new site is now serving patients and families residing in the counties of Clark, Floyd, Harrison, Jefferson, Scott, and Washington.
Uplift Hospice acquires Stoneridge in Arizona
09/18/25 at 02:00 AMUplift Hospice acquires Stoneridge in Arizona Hospice News; by Jim Parker; 9/17/25 Uplift Hospice has acquired Stoneridge Hospice in Arizona for an undisclosed amount. Uplift’s footprint stretches across the southwest and into the mountain states with locations in Texas, Arizona and Nevada. The Stoneridge transaction adds density to its Arizona operations and brings the company’s average daily census up to 500 patients. The owners of Stoneridge were looking to exit the business and were more concerned about cultural alignment than the financial terms, according to Uplift CEO Owen Lawrie.
UnitedHealth expands in North Carolina with $3B deal
09/17/25 at 03:00 AMUnitedHealth expands in North Carolina with $3B deal Triad Business Journal - Health Care; by Zac Ezzone; 9/15/25 UnitedHealth is making a major move in the home care space in North Carolina. UnitedHealth gains 20 Amedisys N.C. facilities, including five in the Triad. One of the largest healthcare companies in the US has grown its footprint in North Carolina through a multibillion dollar deal. United Health Group Inc. has completed a $3.3 billion acquisition of Amedisys, which operates home health and hospice sites throughout the country. The deal closed.
Senior health, home health & hospice stocks Q2 highlights
09/15/25 at 03:00 AMSenior health, home health & hospice stocks Q2 highlights StockStory; by Kayode Omotosho; 9/10/25 ... Looking ahead, the industry is positioned for tailwinds from an aging population, increasing chronic disease prevalence, and a growing preference for personalized in-home care. Advancements in remote monitoring and telehealth are expected to enhance efficiency and care delivery. However, headwinds such as labor shortages, wage inflation, and regulatory uncertainty around reimbursement could pose challenges. Investments in digitization and technology-driven care will be critical for long-term success. The 7 senior health, home health & hospice stocks we track reported a mixed Q2. As a group, revenues beat analysts’ consensus estimates by 2%.
Next Level Hospice Care pledges $35,000 to local charities in 2025
09/15/25 at 02:00 AMNext Level Hospice Care pledges $35,000 to local charities in 2025 Global Business Watch, Houston, TX; Press Release; 9/10/25 Next Level Hospice Care, a locally owned, Christian-based, and woman-led hospice provider, is pleased to announce its commitment to giving back to the local community in 2025 with donations totaling more than $35,000. The donations will be directed to two important nonprofit organizations that align with the company’s shared values of compassion and service to others: Eyes On Me ... and Elijah Rising ...
Pennant announces home health acquisition in Wyoming
09/09/25 at 03:00 AMPennant announces home health acquisition in Wyoming Pennant Group, Eagle, ID; Press Release; 9/3/25 The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, announced today that effective September 1, 2025, it has acquired a premier home health agency and outpatient therapy operation in Wyoming. Both businesses, which will continue operating as Healing Hearts Home Health and Healing Hearts Outpatient Therapy, will serve communities in Gillette and Moorcroft, expanding Pennant’s service area in the region.
David Quigg named CEO for Harbors Home Health Hospice
09/09/25 at 03:00 AMDavid Quigg named CEO for Harbors Home Health Hospice The Daily World, Hoquiam, WA, by Jerry Knaak; 9/3/25 Harbors Home Health & Hospice has removed the interim tag and named David Quigg the permanent CEO. Quigg, who has been with the organization for nearly two and a half years and served as interim CEO since May, is a successful real estate broker with Quigg & Co Real Estate in Hoquiam. He also serves as an at-large commissioner for Grays Harbor County Hospital District 2.
VIA Health Partners acquires primary care company Equity Health
09/08/25 at 03:00 AMVIA Health Partners acquires primary care company Equity Health Hospice News; by Jim Parker; 9/4/25 North Carolina-headquartered VIA Health partners has expanded into the home-based primary care arena with the acquisition of Equity Health. Financial terms were undisclosed. Michelle Schmerge, president and founder of Equity Health, established the company about five years ago. Equity Health’s model involves offering a full spectrum of primary care services in the home, with the goals of reducing burden on caregivers, reducing hospitalizations and improving chronic disease management. ... VIA Health Partners is an independent, community-based not-for-profit provider of hospice and serious illness care, serving more than 5,000 patients and families daily across 38 counties across the Carolinas.
PruittHealth strengthens senior care with new acquisition
09/03/25 at 03:00 AMPruittHealth strengthens senior care with new acquisition Investors Hangout; by Dylan Bailey; 8/28/25 PruittHealth ... has revealed its acquisition of The Lodge of Warner Robins. This strategic move marks the third skilled nursing center acquired from Debbie Meade and her family-run organization, Health Management. ... The acquisition allows patients access to a comprehensive Continuum of Care that encompasses ... hospice and palliative care, pharmacy, therapy services, a Medicare Advantage Plan, PruittHealth Premier, and community-based services for qualified Medicaid recipients through PruittHealth Home First.
Publicly traded hospice companies seeking acquisitions, reporting substantial growth
09/03/25 at 02:00 AMPublicly traded hospice companies seeking acquisitions, reporting substantial growth Hospice News; by Jim Parker; 8/28/25 The nation’s largest hospice companies are seeing significant hospice growth amid executive changes and rising interest in M&A. These are the key themes that emerged during this year’s second quarter earnings season, in which publicly traded home health and hospice companies report their financial results, guidance for the remainder of the year and other key announcements. ...
Hospices nationwide pursue organic growth with new sites
09/02/25 at 03:00 AMHospices nationwide pursue organic growth with new sites Hospice News; by Holly Vossel; 8/28/25 Hospices from across the country have sought organic growth with the recent launches of new facilities.
