Strategic Restructuring for the Future: Exploring How Hospices Are Using Joint Ventures, Mergers and Acquisitions, and Service Diversification to Transform
Change, transformation, disruption: whatever you want to call it, it’s happening in the hospice industry over the next 5 years. It is unquestionable that the carve-in to Medicare Advantage, the rise of value-based care and steady market consolidation is changing the playing field. How do hospices respond? In this new series, we explore how hospices are and can restructure their businesses. We discuss the opportunities and limits of different models: palliative care, affiliations for payor contracting or the more transformative change brought through a merger or acquisition. While there is no one-size-fits-all approach, hospices can explore new ways of being. We are excited to guide you on this road and hope these conversations help as you explore these important questions within your organization and determine your best path into the future.
Today's Episode: The State of the Hospice Market
Join Husch Blackwell's Meg Pekarske as she talks with Mark Kulik, Managing Director at the Braff Group, who shares his insights on growth and change in the hospice industry and the forces at work. They explore who the “disruptors” are, who is leaving the market and what matters to those who continue onward. Drawing parallels to change in other healthcare sectors, Mark opines on what the hospice market may look like in 5 and 10 years. We hope you enjoy the conversation and it leaves you with a new insight or perspective on where hospice is going.