Hospice News August 16, 2024
Three of the nation’s for-profit hospice companies have hit the accelerator on revenue growth, achieving triple-digit percentages.
Each of these organizations — Traditions Health, Fortis Health and HealthFlex Hospice — appeared on Inc. magazine’s 2024 listing of the fastest-growing private companies in the United States.
To be eligible for the list, companies must be privately held, for-profit and independent and reach certain thresholds for revenue growth. They also undergo a multiphase vetting process. The list excludes nonprofits, creating the possibility that organizations in that sector may have also experienced similar growth.
The 2024 list included companies from every state and Puerto Rico, ranging in size from one employee to more than 262,000, Incl reported. Their revenues fell between close to...