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.” Kusserow retired as CEO effective April 15 but remained chairman of the board of directors.Kusserow’s first tenure as CEO began in 2014. Under Kusserow, Amedisys also expanded its care continuum from home health and hospice to include palliative care, personalcare, hospital-at-home and skilled-nursing-facility-at-home.
“Like many other hospice and home health programs across the nation, as the national health care worker shortage continues and the cost of health care staff and other expenses skyrocket, we are finding it increasingly difficult to manage the rising costs of doing business.”. Personalcare and social work referrals will also end.
Kusserow – who holds a reputation as a successful turnaround executive – held the Amedisys CEO role from 2014 until early 2022. During that time, he helped spearhead the company’s aggressive hospice expansion, epitomized by the industry-shaping acquisitions of Compassionate Care Hospice, AseraCare and other businesses. “We
In addition to acquisitions, LHC was involved in 30 out of the 69 joint ventures that completed in the hospice and home health space from 2014 to 2021, Kulik said. billion divestiture of a 60% stake in Kindred at Home’s hospice and personalcare segments to the private equity firm Clayton, Dubilier & Rice. s (NYSE: HUM) $2.8
They were 37% more likely to say they needed more help with personalcare. Families who said the hospice referral occurred too late were 119% more likely to express concerns about care coordination. Medicare Policies. Medicare and most other insurances require that people not receive cure-oriented care while in hospice.
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