Hospice News October 9, 2020
Earlier this week, Bridges Health Services merged with Las Vegas-based home health and hospice companies Gentlecare Home Health and Renaissance Hospice and Los Angeles-based home health and hospice companies Supreme Healthcare Inc. and Supreme Hospice Inc.
Headquartered in Los Angeles, Bridges Health Services has been in standing for more than a decade with a national footprint in the home health and hospice spaces, primarily serving Medicare beneficiaries.
The outlook for hospice mergers and acquisitions in 2020 was projected to be strong at the start of the year. Although COVID-19 headwinds led to setbacks for many organizations looking to expand their hospice footprint, acquisition activity has been ticking upwards in the second and third quarters. With million dollar deals and increased...