Hospice News August 22, 2024
Hospice transactions are facing a new world of challenges during a time when M&A activity is projected to ramp up after recent lulls.
More founders who began their organizations when the Medicare Hospice Benefit was established in the 1980s are reaching retirement. A large contingent will be seeking an exit strategy that will sustain their businesses. However, heading to the seller’s table has become an increasingly complex process.
This is according to Maria Warren, vice president of the health care advisory company McBee Associate, which is part of Netsmart. Hospices seeking a potential sale have varying “playbooks” for how a deal is structured, weighing many operational and financial considerations alongside care delivery impacts, Warren said at the National Association for...