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Hospice Oversight: 2024’s Most Impactful Regulatory Actions

Hospice News

The past year has seen a slew of regulatory developments aimed at improving quality and combatting fraud in the hospice industry. The first was two July 2019 reports on hospice quality from the Office of the Inspector General (OIG) in the U.S. Some individuals also hold management positions at several of these hospices simultaneously.

2024 289
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Hospices Must ‘Evolve’ to Better Support Next Generation of Caregivers

Hospice News

They face unique challenges when providing support for hospice patients compared to others, recent research has found. Millennials include adults born between the early 1980s and mid-1990s, some of whom are as old as the Medicare Hospice Benefit. Gen Zers include those born between 1997 and 2012.

Caregiver 219
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Renovus Capital Partners Acquires Hospice Provider Superior Health Holdings

Hospice News

The private equity firm Renovus Capital Partners has acquired the home health and hospice provider Superior Health Holdings, Inc. Superior provides home-based skilled nursing care, therapy services, home health aides and hospice. for an undisclosed sum. This is a rate of 48.2%.

2030 147
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VITAS Earns AHA Heart Failure Certification Across 56 Markets

Hospice News

(NYSE: CHE) has achieved the American Heart Association (AHA) Palliative/Hospice Heart Failure certification across all 15 states in which the company operates. VITAS is the first national hospice company to earn the AHA certification, though some local and regional hospices have done so. death certifications.

2012 130
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Medicare Advantage Crackdown Could Dampen Palliative Care Growth

Hospice News

Federal regulators are cracking down on the private insurers that administer Medicare Advantage (MA) plans. Centers for Medicare & Medicaid Services (CMS) began giving plans more flexibility around the definition of “primarily health-related.” billion, a 287% increase in profits since 2012,” Sens. Elizabeth Warren (D-Mass.)

Medicare 246
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Legacy Acquires HomeCare Hospice

Hospice News

Legacy Hospice has acquired Mississippi-based HomeCare Hospice for an undisclosed sum. HomeCare Hospice operates four locations that cover most of its home state. By 2023, the bureau estimates that more than a quarter of the state’s residents will be older than 60, an increase of close to 40% since 2012.

Homecare 246
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Advanced Home Care Acquires Dignity Hospice

Hospice News

Massachusetts-based Advanced Home Care has acquired Dignity Hospice Care for an undisclosed amount. The buyer company’s CEO Art Kalenjian will now take the helm at Dignity Hospice. The first patients at the newly acquired Dignity Hospice were able to access the new hospice program in May, according to the press release.

Home care 263