Traditions Well being provides a handful of residence well being veterans to its management crew
Traditions Well being has added 5 new names to its management crew, together with many residence well being veterans from firms like Enhabit Inc. (NYSE: EHAB) and Alternate Options Well being Community.
Nashville-based Traditions gives residence well being, hospice and palliative care providers to greater than 25,000 sufferers yearly at greater than 130 areas in 18 states.
Backed by Dorilton Capital Advisors, Traditions was at instances among the many most lively patrons. In March 2022, the corporate acquired 5 hospice entities in California and Nevada.
Lynn Robbins, the vp of promoting, advised House Well being Care Information that the corporate's most up-to-date modifications came visiting the span of some months in late 2023.
These new workers are:
- Jennifer Bash; VP of gross sales for the house care division
- Hannah Echols; VP scientific purposes and enterprise intelligence
- Kimberly Boyd; VP of Operations for the Hospice Division and oversight of Texas and Georgia
- Michael Craig; VP of gross sales for the hospice division, overseeing Alabama, Georgia, Mississippi and South Carolina
- Jay Henderson; VP of gross sales for the hospice division, overseeing Arizona, California and Oregon
David Klementz, CEO of Traditions Well being, left Embody Well being (NYSE: EHC) to steer the corporate.
After a really busy acquisition interval, Traditions put an finish to inorganic progress and as a substitute started to concentrate on securing new acquisitions and getting on the identical web page culturally.
“We now have consciously halted acquisitions in 2022,” Klementz beforehand advised HHCN. “Partly due to the inspiration of the group, which isn’t the place I needed it to be. We can not proceed to pile on different cultures, with different missions, with out addressing that.”
Traditions has been named as considered one of HHCN's residence care suppliers to observe in 2023 and can also be main the best way in investing in palliative care.
As Medicare reimbursement margins shrink, Traditions hopes palliative care can function the glue for value-based care preparations.