Literature Review

Senior 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%.

David 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 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.

Publicly 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. ... 

Building the continuum: Inside New Day Healthcare’s growth & acquisition strategies Hospice News; by Jim Parker; 8/27/25 New Day Healthcare in 2025 has been one of the home health and hospice sector’s most active acquirers. ... Founded in 2020, New Day’s roughly 10,000 employees provide hospice, home health, pediatric and personal care to roughly 180,000 patients annually. ... Brands under the New Day’s umbrella include Phoenix Home Care & Hospice, New Age Hospice, Compassion Hospice, Home Care Providers of Texas, Pathfinder Home Health, Envision Health Partners and AssistCare, among others. ... Hospice News sat down with New Day CEO G. Scott Herman to discuss the company’s growth, its approach to acquisitions, forthcoming changes in the C-Suite and where hospice fits into its strategy.

The mixed home-based care dealmaking outlook Home Health Care News; by Joyce Famakinwa; 8/18/25 ... Kris Novak, managing director of The Braff Group, explained that M&A experts are seeing similar volumes to the last couple of years. While some segments of home-based care face significant challenges that can slow dealmaking, others are insulated from some external factors. Overall, an uptick in transaction activity is right around the corner. ... Novak noted that, in addition to home care, we can expect to see a number of hospice acquisitions as the year continues. ... Novak also predicts that we may see PE interest in what are described as more niche segments of home-based care, such as private-duty nursing or pediatrics.

UnitedHealth Group’s acquisition of Amedisys closesHospice News; by Jim Parker; 8/14/25On the heels of an agreement with the U.S. Department of Justice, UnitedHealth Group has closed its acquisition of the home health and hospice provider Amedisys. Amedisys announced the news in a U.S. Securities and Exchange Commission (SEC) filing on Thursday. The UnitedHealth Group subsidiary Optum, in June 2023 inked its agreement to acquire Amedisys in an all-cash transaction of $101 per share, or about $3.3 billion. Amedisys on Thursday also stopped trading on the Nasdaq.

Heart to Heart Hospice broadens reach with new Kalamazoo location to serve patients Third News; Press Release; 8/12/25 Heart to Heart Hospice is taking significant steps to enhance its service delivery in southwestern Michigan with the official opening of a new facility in Kalamazoo. This strategic expansion positions Heart to Heart among the premier hospice care providers in the region, offering critical support to patients and their families during challenging times. ... Headed by Executive Director Stacy Sturgeon, RN, the Kalamazoo facility is operated with a focus on patient comfort and dignity.

Enhabit CEO Barb Jacobsmeyer announces departure Hospice News; by Holly Vossel; 8/7/25 Enhabit Inc. (NYSE: EHAB) President and CEO Barb Jacobsmeyer is stepping down after four years at the company’s helm. Jacobsmeyer will continue to serve in her current role and as a board member until July 2026, or upon the appointment of her successor. She previously served as president of inpatient hospitals at Encompass Health (NYSE: EHC). Jacobsmeyer transitioned to CEO of home health and hospice in 2021, shortly before Encompass spun off those business lines in 2022 to form Enhabit.

[Updated] DOJ files proposed final judgment on Amedisys, UnitedHealth Merger Home Health Care News; by Morgan Gonzales; 8/7/25 On Thursday, Amedisys (Nasdaq: AMED) announced that the U.S. Department of Justice (DOJ) and Attorneys General of Maryland, Illinois, New Jersey and New York filed a proposed final judgment regarding the UnitedHealth Group’s (NYSE: UNH) planned acquisition of Amedisys. UnitedHealth and Amedisys agreed to the proposed final judgment, which, if approved, would resolve the DOJ’s and states’ opposition to the merger. The proposed judgment would require UnitedHealth and Amedisys to divest at least 164 home health and hospice facilities, including one affiliated palliative care facility, across 19 states, worth approximately $528 million in annual revenue. It would also impose a $1.1 million civil penalty on Amedisys for falsely certifying that it had provided “true, correct and complete” responses under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, according to a DOJ announcement. 

Glendale woman sentenced to 9 years in federal prison for $10.6 million hospice fraud scheme involving kickbacks for patients United States Attorney's Office - Central District of California, Los Angeles, CA; Press Release; 8/5/25 A Glendale woman was sentenced today to 108 months in federal prison for participating in a scheme in which hundreds of thousands of dollars in illegal kickbacks were paid and received for patient referrals that resulted in the submission of approximately $10.6 million in fraudulent claims to Medicare for purported hospice care. Nita Almuete Paddit Palma, 75, of Glendale, was sentenced by United States District Judge Dolly M. Gee, who also ordered her to pay $8,270,032 in restitution. 

Private equity in hospice care spurs workers to strike Capital & Main; by Jesse Baum; 7/30/25 When hospice nurse Kristina Nauheimer joined the growing unionization push among end-of-life care workers in 2022, she knew there was a fight ahead. But she and her coworkers at two Bay Area hospices in California didn’t expect to be at the negotiating table with Providence, their hospice operator, for more than two years — or that their employer would merge with a private-equity-owned firm. “I didn’t think it would take this long to achieve this little,” said Nauheimer, who joined about 100 workers from the company’s Hospice of Petaluma and Santa Rosa Memorial Hospice in a two-day strike with their union, the National Union of Healthcare Workers, on July 2 and 3. They struck, said Nauheimer, because contract negotiations with Providence, their operator, have been at a standstill. 

Aveanna SVP: Hospice providers fed up with fraud Hospice News; by JIm Parker; 7/29/25 Issues surrounding Medicare fraud are “top of mind” for hospice providers, according to Jim Melancon, senior vice president of government affairs at Aveanna Healthcare Holdings (Nasdaq: AVAH). Reports of hospice fraud have proliferated in recent years, particularly in the four hotbed states of California, Arizona, Nevada and Texas. Fraudulent operators have used a slew of illegal or unethical tactics, such as enrolling Medicare beneficiaries in hospice care without their knowledge or without providing services. ... One principal tactic among fraudulent hospices is maintaining multiple provider numbers, hospice leaders told Hospice News on background. This enables perpetrators of fraud to move patients between the various hospices they own. Another common practice is transferring patients who have reached the payment cap to avoid recoupment.