Between 2015 to 2022, 47 private equity firms bought 124 U.S. hospice agencies. Today an estimated 75% of U.S. hospice agencies are for-profit. “Hospice was started as a grassroots, nonprofit movement where the majority of care was provided by strictly non-profits."
https://www.cnbc.com/2025/03/01/why-nursing-homes-and-hospice-are-so-expensive-in-the-us.html