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of New Jersey’s population will be 60 and older by the year 2030, an increase of 30% from 2012. ” The post House Call, HospiceCompany Enoble Care Merges with Clare Medical appeared first on Hospice News. New Jersey’s senior population is growing faster than that of other age groups, according to ACL.
HealthFlex provides home health, hospice, palliative care, social work, and personal care. The company — currently serving more than 10,000 patients across its business lines — has more than quadrupled in size since its founding in 2012. The post The Fastest Growing US HospiceCompanies appeared first on Hospice News.
The certification reflects a growing trend of hospices pursuing disease-specific certifications or programs as a way of diversifying their services within the Medicare Hospice Benefit. VITAS is the first national hospicecompany to earn the AHA certification, though some local and regional hospices have done so.
More palliative care and hospicecompanies are developing programs to meet the specific concerns of these patients to improve access to care. Almost 40% of people 65 and older had at least one disability from 2008 to 2012, according to a 2014 U.S. Census Bureau report.
CEO Raphael Akobundu recently sat down with Hospice News to discuss the couple’s experience of opening a startup hospicecompany in the competitive California market. As a nurse practitioner, what led you to begin a hospice program? I became a registered nurse in 2012 and received my nurse practitioner degree in 2017.
From a business perspective, this means hospicecompanies will have to rise to meet burgeoning demand and staff shortages and financial headwinds, including reimbursement that hasnt kept pace with inflation rates. The prior two years also saw some earnings stabilization among publicly traded companies.
With these factors in mind, a rising number of patients are being cared for by PE-owned hospices. An estimated 16% of Medicare hospice enrollees received care from either a private equity-owned or a publicly traded hospicecompany in 2019, up from 11% in 2012, a recent study reported. Elizabeth Warren (D-Mass.),
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