Industry Note:
Hospitals Hang Out The Home Health, Hospice 'For Sale' Signs As Profit Margins Dwindle
Published on Fri May 12, 2017
Two more hospitals are shedding their home care units. Island Hospital in Annacortes, Wash., has sold its home health agency to Canyon Home Care & Hospice for $1.45 million, reports the Anacortes American. The agency, which has run at a loss for years, has about 18 employees and had a census of up to 100 patients, the newspaper says. Canyon, [...]