Hospice News April 8, 2021
Despite recent hospice and home-based care acquisitions involving health systems, such transactions are unlikely to become a common practice during 2021 and 2022. However, health systems are taking a closer look at companies that provide non-medical assistance to help seniors age in place.
Firms that guide providers through the mergers and acquisitions processes are not seeing rising interest in hospice among health systems, which have historically avoided investments in home-based care.
“Hospitals traditionally haven’t done well running home health or hospice,” said Mark Kulik, managing director of M&A advisory firm The Braff Group. “It takes an operator dedicated to the space to know the nuances and have the efficiencies.”
According to Kulik, recent deals like HCA Healthcare’s (NYSE: HCA)...
Today's Sponsors
Today's Sponsor