Home Health & Hospice Week
Private Equity-Backed Hospice Chain Makes Acquisition
Hospice Care of South Carolina in Spartanburg has acquired Agape Hospice for an undisclosed sum, it says in a release. Hospice Care of SC is a portfolio company of The Vistria Group, a Chicago-based private investment firm. Background: Vistria bought Minnesota- based regional chain St. Croix Hospice from Stamford, Connecticut-based private equity firm Clearview Capital in 2017. St. Croix has been opening new locations and bought Hometown Hospice & Homecare headquartered in Brookfield, Wisconsin last year. Vistria bought Hospice of SC in November 2019. Last month, St. Croix said it had 31 locations in Iowa, Kansas, Minnesota, Nebraska, and Wisconsin, serving 2,000 patients a day across 220+ counties. Hospice Care of SC says the combined organization is largest hospice provider in the state, with 32 branches that cover all 46 counties in South Carolina, 800+ employees, and more than 1,400 patients. Hospice of SC and Agape don’t plan to change their names “in the near term,” the company says in the release.
Home Health & Hospice Week
- Patient-Driven Groupings Model:
Follow These 12 Tips For PDGM Success
Your PDGM training has only just begun. You might feel like your world has been [...] - Diagnosis Coding:
Sidestep PDGM Diagnosis Coding Pitfalls With Updated Processes
Make sure your staff know how to query physicians for coding specifics. An inaccurate diagnosis [...] - Reimbursement:
Rein In Unnecessary LUPAs Or Risk Your Bottom Line
Pointer: Consider how visit management affects outcomes. To ensure adequate reimbursement under PDGM, you must [...] - Finance:
Make No Mistake, PDGM Is Closing Agency Doors
PDGM to create a buyers’ market. It’s still early days for the Patient-Driven Groupings Model, [...] - Fraud & Abuse:
HH, Hospice Kickbacks Feature In Latest Fraud Cases
One former owner draws 5-year prison term. You don’t have to be the mastermind of [...] - Industry Note:
HHH MAC Moves Up Self-Reported Hospice Cap Schedule
Sequestration will figure into your cap liability sooner. With hospices’ cap self-reporting deadline fast approaching [...] - Industry Note:
U.S. Senators Urge CMS To Lay Off Indiscriminate Home Health Cuts
U.S. Senators have home health agencies’ backs when it comes to PDGM and other detrimental [...] - Industry Note:
Private Equity-Backed Hospice Chain Makes Acquisition
Hospice Care of South Carolina in Spartanburg has acquired Agape Hospice for an undisclosed sum, [...] - Industry Note:
VNA Branches Out Into Hospice After Operating More Than A Century
Brockton Visiting Nurse Association in Massachusetts is expanding its hospice program, it says on its [...] - Industry Note:
Oklahoma HH, Hospice Agencies Merge
Accentra Home Healthcare in Oklahoma has merged with Hometown Home Health and Sooner Hospice. The [...]
