# New Century Hospice

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-century-hospice

- Industry: Healthcare
- Headquarters: US
- Website: www.newcenturyhospice.com
- Total disclosed funding: $20M
- Latest round: Series A (Oct 13, 2010)
- Investors on record: 2

## About

New Century Hospice, Inc. offers compassionate hospice care focused on enhancing the quality of life for individuals with terminal illnesses, providing a range of services to patients and their families.New Century Hospice, Inc. provides specialized hospice care aimed at patients with life-limiting illnesses. Founded in 2006 in the US, the company was acquired by Curo Health Services in January 2016. The CEO, Andy Kechejian, leads the organization, which operates across multiple states, including Louisiana, Colorado, Oklahoma, and Texas.New Century Hospice primarily provides personalized hospice care designed to support individuals with life-limiting illnesses and their families. Their comprehensive services include pain and symptom management, emotional and spiritual support, professional grief counseling, and bereavement care. The hospice care teams consist of physicians, nurses, social workers, hospice aides, chaplains, and volunteers who collaborate to create tailored care plans that address the specific needs of each patient and their loved ones. The services are available in various settings, allowing patients to receive care in their homes, assisted living facilities, nursing homes, or hospitals, depending on their individual circumstances. New Century Hospice operates across multiple states, including Louisiana, Colorado, Oklahoma, and Texas, catering to a diverse client base that encompasses patients with conditions such as cancer, Alzheimer’s disease, and COPD.New Century Hospice generates revenue through the provision of hospice services, which are typically covered under Medicare, Medicaid, and many private insurance plans. The transaction structure is primarily B2B and direct-to-consumer, allowing individuals, healthcare providers, or family members to initiate referrals for hospice care. Clients benefit from a range of service offerings, including pain management and emotional support, which are billed to insurance providers, thereby streamlining the payment process for families. The care provided is designed to fulfill the unique needs of patients, which are assessed through an initial evaluation by the patient's physician. As part of a larger organization, New Century Hospice has access to resources that enhance service delivery, ensuring that they can meet the demands of their patient population effectively.New Century Hospice's strategy for future growth includes enhancing its service offerings and expanding into additional geographic regions to better meet the needs of patients with terminal illnesses. Recent funding from a deal in January 2016 will support these initiatives, focusing on increasing operational capacity and possibly introducing new services tailored to specific patient needs.

## Funding rounds

- Series A, Oct 13, 2010, $20M — Petra Capital Partners, Scale Venture Partners

## Investors

- Petra Capital Partners (https://capitalatlas.ai/funds/petra-capital-partners) — Series A
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series A