Private Equity Interest in Hospice Acquisition Expected to Rise in 2019
As more private equity firms enter the post-acute health care arena, hospice organizations are increasingly pursuing mergers and acquisitions as a growth strategy, according to the recently released 4th quarter 2018 Home Health & Hospice Update from Provident Healthcare Partners.
“As health systems seek to reduce cost, we expect increased utilization of home health and hospice agencies over traditional, in-patient, post-acute care settings,” Jake Vesely, analyst, Provident Healthcare Partners told Hospice News. “Private equity firms see an opportunity to embark on a roll-up strategy of smaller hospice companies that may be lacking the data capabilities and scale necessary to comply with the new regulatory changes.”
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Hospice News (HN) is an independent source for breaking news and up-to-date information on the hospice industry. The coverage spans the hospice world specifically, from large, national service providers to independent care companies. Its news and perspective gives industry professionals the information they need to make the best decisions in their day-to-day business operations.
HN is owned and operated by Chicago-based Aging Media Network. For more information, visit https://hospicenews.com/.
