After spending over 20 years with the company, LeadingAge President and CEO Katie Smith Sloan will step down from her post, effective March 31, 2027. “It has been the honor of my life to serve LeadingAge for the past 10 years as president and CEO, and for 10 years before that as chief operating […]
Category: Hospice
Bain Capital- and J.H. Whitney Capital Partners-affiliated stockholders are selling some of their stock in Aveanna Healthcare Holdings (Nasdaq: AVAH) and will no longer own a majority stake in the company. According to publicly available documents, sponsor affiliates associated with Bain Capital and J.H. Whitney Capital Partners are offering 15 million shares of Aveanna common […]
A Hug Away Healthcare is taking its home-based care model beyond Houston, opening the door to franchise partners as it looks to bring its services to more communities. The move marks a new phase of growth for the provider, which plans to expand its offerings, including home health and hospice, into new markets. Founded in […]
The United States Department of Justice (DOJ) Fraud Division named home health and hospice as among its top enforcement priorities and plans to use innovative data analysis to target fraud schemes in these industries, according to a Thursday memorandum. The agency plans to further crack down on healthcare fraud by increasing the headcount of its […]
In-home primary care provider Bloom Healthcare is looking to expand its in-home primary care model, leveraging technology and looking to an upcoming Centers for Medicare & Medicaid Services (CMS) model. The provider has found that an AI-powered ambient listening tool improves efficiency while maintaining human connection, and is using the technology as one way to […]
Aveanna Healthcare Holdings (Nasdaq: AVAH) hit its preferred payer goals ahead of schedule and plans to push deeper into its fastest-growing segment — home health and hospice — through additional acquisitions. Improved federal government affairs and preferred payer results largely drove the company to update its previous 5% to 7% home health and hospice organic […]
Choice Health at Home’s CEO, David Jackson, envisions his rapidly-growing business as among the largest home-based post-acute care businesses within the next five years. To achieve this goal, Jackson has laid out a strategy that includes “matching the market” in terms of Medicare Advantage, a hub-and-spoke density model and a three-pronged service foundation, according to […]
High interest rates have slowed and complicated home-based care M&A, but they may also be creating a favorable buying opportunity for investors willing to enter the market now. Buyers able to absorb higher borrowing costs may find a slower and more complex dealmaking landscape — one where compliance has become a critical screening tool, […]
With 16 acquisitions since 2020, New Day is shifting focus from aggressive M&A activity toward tighter operational discipline. That’s the strategy of Kathy Poland, who stepped in as interim CEO following the death of New Day’s G. Scott Herman in February. She became permanent CEO on June 18, after serving as the firm’s chief operating […]
Deaconess Associations Incorporated (DAI) has agreed to acquire 31 home health and hospice agencies – primarily home health – from HCA Healthcare. The agencies, which consist of 24 home health locations and seven hospice locations, are spread across eight states. The deal is part of DAI’s strategic push to “double down” on its home health […]
Subscribe
Receive industry updates and breaking news from HHCN