Hospice News August 11, 2020
About 70% of acquisition targets in the home-based health care sector in the second quarter of the year were hospice providers, according to a report from the market intelligence firm Irving Levin Associates.
The bulk of those targets provided hospice care alone, rather than a mix with home health. During the first quarter, only 22% of targets in the space were hospices, showing a sharp rise in demand for hospice acquisitions, according to the report.
Many in the industry have observed that investors are leaning in towards hospice due to disruption in the home health space stemming from the patient-driven groupings model (PDGM).
“The appeal of the hospice market could be attributed to its stable reimbursement and payment rates compared...