New report details hospice industry outlook for 2025
02/04/25 at 02:00 AM
New report details hospice industry outlook for 2025
PR Newswire, Cleveland, OH; by WTWH Media; 1/30/25
Hospice News, a WTWH Media publication, is pleased to announce the results of its annual outlook survey on the state of the hospice and palliative care markets. Conducted in collaboration with home-based care EHR leader Homecare Homebase, the survey compiles the views of more than 100 industry professionals to uncover the key factors defining the hospice landscape in 2025. Responses come from a range of provider representatives, including owners, operators, C-suite executives, managers and staff. In summary, respondents indicated:
- Staffing is still the greatest challenge in hospice, but staffing concerns have dropped by 18% since the 2023 survey
- Organic growth is a top priority in 2025, with 60% of respondents citing the growth of existing locations as their tactic of choice in the year ahead
- Service line expansion is a focal point, with 56% of respondents planning to pursue new care types for the first time in 2025
- Providers are embracing technology to overcome key challenges and improve documentation, operational efficiency, and regulatory compliance