Hospice Mergers and Acquisitions Outlook for 2020
Mergers and acquisitions activity keeps increasing for hospice businesses due to the availability of capital and demographic growth.
Mergers and acquisitions activity keeps increasing for hospice businesses due to the availability of capital and demographic growth.
Smaller agencies are more likely to take a financial hit next year after CMS finalized its proposal that will phase out Requests for Anticipated Payments.
One of the most consistent trends in home health and hospice mergers and acquisitions is that when one is up, the other is down.
Following this year’s annual National Association for Home Care & Hospice Conference, the scariest event facing the Home Health industry wasn’t Halloween...it was the pending implementation of Patient-Driven Groupings Model (PDGM) beginning January 1, 2020!
The hospice mergers & acquisition market has been at an all-time high for the past 18-24 months, but some sellers seem to enjoy a higher valuation than others. Why? There are many reasons, beyond just size, why some agencies are worth more in the eyes of a buyer.
With the unknown changes in reimbursement starting in 2020 from the Patient-Driven Groupings Model, buyers are showing caution when it comes to home health acquisitions.
A large number of hospitals and health systems are expanding their home health businesses through partnering or acquiring home health agencies. From 2016 to 2018, 177 of these hospitals or health systems acquired home health care companies.
Care Resource, a local provider of skilled home health nursing in Rhode Island and Southern Massachusetts, was acquired by Encompass Health, a publicly traded company focused on inpatient and home-based care that helps patients achieve life-changing results. The transaction expands Encompass Health's home health footprint into Rhode Island and will enhance its existing Massachusetts operations.
A large number of hospitals and health systems are expanding their home health businesses through partnering or acquiring home health agencies. From 2016 to 2018, 177 of these hospitals or health systems acquired home health care companies.
The temporary ban on the Medicare Provider Enrollment Moratoria became effective last month. It's expected that this move by CMS will allow agencies to improve patient access to home-based care. Managing Director Mark Kulik spoke with Home Health Care News regarding the positive impact this will have in the industry. “I think competition is what’s