Hospice a cornerstone of New Day’s 3-pronged growth strategy

11/22/24 at 03:00 AM

Hospice a cornerstone of New Day’s 3-pronged growth strategy 
Hospice News; Holly Vossel; 11/20/24 
New Day Healthcare LLC is prioritizing hospice growth in its strategic plans as the home-based care company focuses on improving quality for patients across the care continuum. Texas-based New Day launched in 2020 by a group of former hospice and home health professionals. The organization offers hospice, home health and personal care through several brands. New Day’s three-pronged merger and acquisition approach hinges on culture, quality and clinical excellence, according to CEO and Founder G. Scott Herman. Quality is perhaps the most important driver in a transaction consideration, Herman stated. ... To date, New Day has integrated 11 acquisitions into its pipeline, four of which have involved hospice assets.

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