VITAS CEO Westfall: Market Conditions More Favorable for Hospice Acquisitions

Changes in the marketplace have made further acquisitions by VITAS Healthcare more likely. While the company does not comment on its specific acquisition plans or its pipeline, VITAS may be more active in the M&A space in the coming year, CEO Nick Westfall indicated at the Oppenheimer 34th Annual Healthcare MedTech & Services Conference. “It’s the best environment that I’ve seen in that entire window, where you now have opportunities in markets that maybe we had always desired to be in for a variety of different reasons for strategic purposes, where we may have real opportunities to engage and evaluate acquisitions in those markets, and at pricing that makes a lot of sense,” Westfall said at the conference.

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Source: https://hospicenews.com/2024/03/15/vitas-ceo-westfall-market-conditions-more-favorable-for-hospice-acquisitions/

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