“To stay successful and really be effective at managing your revenue cycle management, it’s getting more sophisticated than it used to be for hospice providers. There’s going to be various iterations of programs coming up and policies that are going to require different payers, and you’ve got to be able to partner with those different payers,” Kulik told Hospice News. “That is something that’s going to be new for hospice providers — that sophistication level.”
"Tomorrow Health’s infusion of cash is indicative of rising investor interest in the home-based care space and associated industries like DME. Private equity hospice transactions rose nearly 25% from 2011 to 2020, according to a report from The Braff Group."
The home-based health care sector is among the strongest in health care causing swings, with hospice providers representing 70% of the bulk of acquisition targets in that sector. Find out what more Dexter Braff had to say about this hot topic!
Mergers and acquisitions activity keeps increasing for hospice businesses due to the availability of capital and demographic growth.