Home Health, Hospice Executives to See 2.73% Salary Bump in 2019

Salaries for home health and hospice corporate executives will see a planned increase of 2.73% in 2019, a new industry compensation report has found. Execs from agencies with under $30 million in annual revenues are set for the biggest salary bump. Findings come from the recently released 2018-2019 Multi-Facility Corporate Compensation Report, produced by the […]

LHC Group Bullish on Home Health JV Growth After Strong 2018

Despite falling short of analysts’ Q4 revenue estimates, LHC Group Inc. (Nasdaq: LHCG) finished the quarter and 2018 strong, thanks in part to revenue and admission growth in its home health and hospice lines. Acquisitions and joint ventures, which set overall valuation records in 2018 for LHC Group, played a large role in the company’s […]

FirstLight Adds Executives to Fuel Growth, Amedisys Board Member Retires

FirstLight expands leadership team amid rapid growth To accommodate recent growth, FirstLight Home Care has created and filled seven new positions, expanding its focus in areas such as technology, talent acquisition and franchise development. While the hires are new, growth within the nine-year-old Cincinnati-based home care company is not. In 2017 alone, the franchisor increased […]

Home Health, Hospice Gains Help Drive Encompass Health’s Q4 Revenue

Encompass Health Corporation (NYSE: EHC) posted solid revenue growth in the fourth quarter of 2018, despite an ongoing Department of Justice (DOJ) investigation, continued hurricane recovery efforts and uncertainty about future home health payment changes. Volume growth within the Birmingham, Alabama-based company’s home health and hospice segment was a driving factor in its success. Encompass […]

Ensign CEO: Home Health, Hospice Segment Growth Likely to Outpace Skilled Nursing

The Ensign Group (Nasdaq: ENSG) achieved its highest-ever adjusted earnings per share during the fourth quarter of 2018, the company announced Wednesday. That’s thanks in part to growth and success in the California-based provider’s home health and hospice services segment. Growth within the space will likely outpace that of Ensign’s skilled nursing subset, President and […]

Amedisys Closes $340M Compassionate Care Hospice Deal, Begins Integration

Amedisys Inc. (Nasdaq: AMED) — already one of the country’s largest independent home health providers — has closed on its $340 million acquisition of Compassionate Care Hospice. In doing so, the Baton Rouge, Louisiana-based company in one fell swoop dramatically expands its end-of-life care presence and becomes the third-largest hospice provider in the U.S. as […]