Eli's Hospice Insider

Hospice News:

Investment In Hospices Draws Criticism In Mainstream Media

The proliferation of private equity-based hospice chains is getting the mainstream media treatment — just as law- and policymakers are considering budget steps.

A lengthy profile on Traditions Health anchors the story that looks at how PE has begun to dominate the hospice market in the past few years. The HuffPost story, “Private Equity Is Gobbling Up Hospice Chains And Getting Involved In The Business Of Dying” refers to “the-sky’s-the-limit Medicare payments” and the “gold rush” of hospice investment. It also notes that Traditions’ PE backer, Dorilton Capital, has an undisclosed owner and also bought a British Formula One team for nearly $200 million.

See the piece at www.huffpost.com/entry/hospice-private-equity_n_61c0f858e4b061afe39659ea.

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