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Stillwater Hospice CFO: A Winning Recipe for Improving Rural Hospice Care

Hospice News

Montana-headquartered Stillwater Hospice has found a successful rhythm to strategic rural-based growth and sustainability. Launched in 2017, the hospice company serves predominantly rural-based populations in Montana, northern Wyoming and South Dakota. If youre a rural hospice, you may have higher reimbursement needs.

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Hospice Executives Retire as New Leaders Rise

Hospice News

A few hospice executives have recently announced their retirement as new leaders step forward at a number of organizations. Texas-headquartered Addus provides personal care, home health and hospice services in 22 states. Established nearly 45 years ago, Hospice of the Chesapeake provides services in four west coast Maryland counties.

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Health Plan Participation in Hospice VBID to Shrink in 2024

Hospice News

Health plan participation in the hospice component of the value-based insurance design model (VBID) will fall in 2024. For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) will participate in the program’s hospice component, providing coverage through 78 health plans in 19 states. million in 2023.

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Hospices Stepping Up Performance on Visits-in-Last-Days-of-Life Measure

Hospice News

Hospices, in aggregate, are showing improvement on the quality measure for visits in the last days of life. In Calendar Year 2021, the share of hospice care days with nurse visits in the last seven days of life rose to 63%, up from 62% year over year, according to the National Hospice and Palliative Care Organization (NHPCO).

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Bristol Hospice Appoints Alex Mauricio as New CEO

Hospice News

Alex Mauricio, president and chief strategy officer for Bristol Hospice, has taken the helm as CEO. Salt Lake City-based Bristol Hospice, a portfolio company of the private equity firm Webster Equity Partners, employs more than 3,000 staff in more than 76 locations across 18 states. Mauricio became CEO effective Feb.

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Lawmakers Remain Committed to Passing Hospice Workforce Bill

Hospice News

Federal legislators plan to continue to work on passing a bill designed to bolster the hospice and palliative care workforce. The Palliative Care and Hospice Education Training Act (PCHETA) has come before Congress several times but has not yet been passed. PCHETA was first introduced in 2017. Tammy Baldwin (D-Wisc.)

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‘There Are Fewer Quality Targets on the Market’: Hospice Transaction Activity Plummets 

Hospice News

Hospice transaction activity has plummeted to its lowest level in years, new dealmaking data suggests. That’s no surprise, as many anticipate health care investors to operate with a more conservative approach in 2023. A dip in the number of quality available assets is likewise having an impact on hospice M&A activity.

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