Hospice

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The U.S. is aging, and aging quickly.
 
Over 10,000 Americans are turning 65 each day, and thus more and more individuals are beginning to approach decisions regarding end-of-life care – either for loved ones or themselves. With greater awareness, consumer demand, and government regulations shaping the industry, hospice has grown to become a nearly $19 billion industry, with more than 6,600 programs meeting the needs of more than 1.7 million people annually. Hospice serves as one of many options as individuals consider end-of-life care, which offers patients improved quality of life, reduced caregiver stress, and lower costs for the U.S. healthcare system.
 
In this Industry Perspective, TripleTree provides a history of hospice, details the many forces driving structural change, and outlines why the industry is poised for continued success in the coming years. Today, the hospice industry is at an important inflection point, balancing ongoing transformation and increased consumer demand. The juxtaposition of these market forces creates an ideal backdrop for ongoing industry innovation, consolidation and investment in the years ahead.
 
TripleTree is an independent merchant bank focused on mergers and acquisitions, financial restructuring, and principal investing services. Since 1997, the firm has advised and invested in some of the most innovative, high-growth businesses in healthcare.
 

In addition to the economic potential, the human impact must also be considered when discussing the hospice industry. Almost no other part of the U.S. healthcare system is as patient-centric as hospice.

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