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Hospice News
OCTOBER 26, 2022
Justice Department has indicted three individuals who are linked to California hospices on alleged False Claims Act violations, among other charges. Karen Sarkisyan, Gayk Akhsharumov, and Babken Chalkadryan, of San Gabriel Hospice & Palliative Care and Broadway Hospice were each charged in the U.S
Hospice News
DECEMBER 12, 2022
Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. This was Humana Inc.’s
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Hospice News
JULY 3, 2023
Some hospice owners have been selling their businesses soon after securing a license. The practice appears to stem from a rash of newly licensed hospices that have emerged in California, Nevada, Texas and Arizona. Centers for Medicare & Medicaid Services (CMS) to strengthen program integrity for the Medicare Hospice Benefit. “I
Hospice News
JUNE 16, 2022
More hospitals and health systems are stepping into the home-based hospice space, often seeing joint ventures as a promising route to a return on their investment. You’re seeing different types of transactions taking place in hospice and home health,” Mark Kulik, managing director at M&A advisory firm The Braff Group, told Hospice News.
Hospice News
FEBRUARY 20, 2024
As hospices zero in on their investments in staff engagement and operational efficiencies, organizational culture is becoming a higher priority. Hospices nationwide are taking varied approaches around how they fuel staffing investments with sustainable growth in mind. 2024 Hospice News Outlook Survey and Report.
Hospice News
APRIL 1, 2024
Justice Department has sentenced two individuals linked to California hospices on alleged False Claims Act violations, among other charges. Gayk Akhsharumov, manager and owner of San Gabriel Hospice & Palliative Care and Broadway Hospice, received a sentence of one year and one day in prison and was ordered to pay close to $9.2
Hospice News
JUNE 22, 2023
Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. It’s hard to say that you have proof. This looks really questionable.”
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