Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
Baton Rouge-based Amedisys Inc. has acquired 100 percent of the ownership interests in Parsippany-based Compassionate Care Hospice for $340 million. Compassionate Care Hospice has 2,300 employees and 53 locations nationwide. “In coming together with Amedisys, we’re destined to create a hospice organization that sets a new standard in the industry,” said Compassionate Care Hospice CEO Judy Grey in a statement.
Last year’s smooth integration of Almost Family — formerly one of the biggest home health providers in the country itself — has broadened LHC Group’s (Nasdaq: LHC) geographic footprint and bolstered its dealmaking confidence. That will be key looking ahead to 2019, as M&A activity across post-acute care segments is expected to remain robust. With the merger in LHC Group’s rearview mirror, the Lafayette, Louisiana-based company plans to now focus on shifting more care into the home — and out of skilled nursing facilities (SNFs) and hospitals.
Brookdale Senior Living Inc. (NYSE: BKD) announced today that it plans to release its fourth quarter and full year 2018 financial results after the market closes on Wednesday, February 13, 2019. The Company has also scheduled a conference call to discuss the results on Thursday, February 14, 2019 at 9:00 AM ET. The conference call can be accessed by dialing (866) 900-2996 (from within the U.S.) or (706) 643-2685 (from outside of the U.S.) ten minutes prior to the scheduled start and referencing the "Brookdale Senior Living Fourth Quarter and Full Year 2018 Earnings Call."
Value continues to be a top priority for healthcare organizations and senior living communities, with providers striving to simultaneously enhance the delivery of care and patient and resident satisfaction. Technology’s role in this process cannot be understated, especially as more and more organizations grow increasingly connected. Such efforts and more will be highlighted at HIMSS19 in Orlando, Fla., Feb. 11-15. HealthTech will be on the ground at the Orange County Convention Center covering how technology is shaping both healthcare and senior care, sharing stories, insights and analysis from providers and other experts throughout the week.