Hospice News

SEPTEMBER 30, 2022

Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. A large concern is whether there will be enough hospice and palliative care providers to keep pace with demand, according to Brian Tanquilut, equity analyst in health care services at investment banking company Jeffries LLC.

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Hospice News

NOVEMBER 8, 2024

Stakeholders and policymakers who shape the hospice industry are making connections between a provider’s tax status and quality indicators. Their perceptions could have significant repercussions on the outlook of hospice investments. More private equity (PE) investors have stepped into the hospice and home health space in recent years.

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Hospice News

MAY 3, 2023

Federal regulators are cracking down on the private insurers that administer Medicare Advantage (MA) plans. Broadly, MA plans have been expanding supplemental benefits to include palliative care since 2018, when the U.S. In turn, that could dampen the growth of palliative care supplemental benefits in MA moving forward.

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Hospice News

JULY 18, 2022

When it comes to communication and quality of care for Black patients, recent data reinforces the notion that hospices have room to grow. Our review found that Black patients with serious illness report poor-quality clinician-patient relationships and communication,” Chambers told Hospice News in an email.

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Hospice News

FEBRUARY 15, 2023

Members of Congress are seeking answers from federal regulators on hospice program integrity as industry advocacy groups call for further action. Centers for Medicare & Medicaid Services (CMS), asking for the agency to brief them on fraud and abuse within the hospice benefit.

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Hospice News

FEBRUARY 27, 2023

Medicare Advantage (MA) beneficiaries are more likely to enroll in hospice from a community setting than patients in traditional fee-for-service programs. million patients who elected hospice in the last 90 days of life during the years 2011, 2013, 2016 and 2018. Years prior to 2018 showed similar patterns.

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Hospice News

JUNE 15, 2022

An overwhelming majority of hospice providers have seen costs of patient care rise 3% to 10% since 2019, and many expect further increases next year. This is prompting calls for Medicare to reconsider proposed 2023 reimbursement rates. . The hospice advocacy group NHPCO is now asking the U.S.

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Hospice News

JUNE 7, 2023

Hospice leaders and lawmakers are meeting on Capitol Hill today to address the pressing issue of program integrity, among other policy priorities. Thus far, California is the only state to take action on the issue, beginning with a moratorium on new hospice licenses and an extensive audit of California’s oversight processes.

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Hospice News

OCTOBER 4, 2022

Agape Care Group has expanded into Alabama and Louisiana with the acquisition of Journey Hospice. Both [Alabama and Louisiana] are tremendous markets with compelling demographics and strong workforces,” Agape CEO Troy Yarborough told Hospice News. “We Hospice utilization among Medicare decedents in Alabama reached 47.4%

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Hospice News

AUGUST 23, 2022

Vice-chair Nandini Natrajan will succeed him as leader of the board, which Heath joined in 2018. A veteran of the senior services sector, Health has spent his 30-year career as a leader of hospice, senior housing, long term care, and PACE programs, in addition to a stint as a health care lobbyist. And we see that in the hospice.

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Hospice News

APRIL 8, 2024

Centers for Medicare & Medicaid Services’ (CMS) 2025 proposed hospice rule contained requests for information (RFIs) that could signal changes in the agency’s thinking on key issues. Through RFIs, CMS tries to take the pulse of providers’ positions on certain questions that could impact the Medicare Hospice Benefit.

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Hospice News

JUNE 1, 2022

In enacted, the recently reintroduced Palliative Care and Hospice Education Training Act (PCHETA) could make a dent in the recruitment barriers that hospices keep hitting. Hospice] has to become a part of the education of medical students, nursing and social workers at large,” Lee told Hospice News.

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Hospice News

MAY 1, 2023

On June 1, LifeTouch Hospice will merge with Arkansas Hospice. Both hospices are owned and operated by the SHARE Foundation, a nonprofit, faith-based organization. The hospice last year served 430 patients in a five-county region of Arkansas. Meanwhile, Arkansas Hospice has fared better.

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Hospice News

APRIL 11, 2024

Black Americans are frequently denied access to hospice and palliative care due to structural racism, and many of those communities lack sufficient information to make end-of-life care decisions, new research has found. Access to hospice and palliative care is perceived as lacking. I’ll say the obvious, racism. were Hispanic; 1.8%

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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

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Hospice News

DECEMBER 12, 2022

The Medicare Payment Advisory Commission (MedPAC) is poised to recommend that the U.S. Centers for Medicare and Medicaid Services (CMS) reduce the aggregate cap for hospice payments by 20% in 2024. The commission has yet to vote on the recommendations, but MedPAC has called for similar cuts annually since 2018.

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Hospice News

JUNE 30, 2022

Texas-based senior living provider EdenHill Communities recently expanded to offer hospice services. The continuing care retirement community (CCRC) is located on a 27-acre campus, in which eligible residents are now able to access in-house hospice services. The company previously outsourced hospice services for residents.

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Hospice News

DECEMBER 2, 2022

A lack of culturally inclusive care and mistrust of the health system are contributing to low hospice utilization among Native Americans. Native Americans are the least likely to enroll in hospice among racial and ethnic groups. Many in that community also lack access due to geographic and financial barriers. They comprised 0.4%

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Hospice News

APRIL 20, 2022

Bristol Hospice has acquired Hospice Select in the Dallas-Fort Worth area for an undisclosed sum. The hospice operates more than 45 locations across 13 states, with EBITDA that exceeds $70 million, according to PE Hub. M&A advisory firm Agenda Health represented Hospice Select in the transaction. “We

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Hospice News

APRIL 22, 2022

Recent research from Rutgers University-New Brunswick in New Jersey has revealed gaps in hospice referrals and palliative care consultations among underserved patient populations in the state. Racial divides have proliferated access to hospice services nationwide. were Hispanic; 1.8% were Asian; and only 0.4% were Native American.

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Hospice News

APRIL 28, 2022

Maryland-based Hospice of the Chesapeake has penned an agreement to acquire nearby Calvert Hospice for an undisclosed amount. ” Hospice of the Chesapeake has cared for patients since 1979, prior to establishment of the Medicare Hospice Benefit. Hospice of the Chesapeake in Oct.

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Hospice News

JUNE 2, 2022

Supreme Court may take up a False Claims Act (FCA) case involving Georgia-Based Bethany Hospice & Palliative Care LLC, despite indications from the U.S. The case comes at a time when regulators are intensifying scrutiny on hospice providers, seeking to root out those who admit patients that may not truly be eligible for the benefit.

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Hospice News

APRIL 22, 2022

Francis Reflections Lifestage Care recently opened a new inpatient hospice care center inside the Melbourne Regional Medical Center. A swelling demand for hospice in the community spurred the unit’s development. We are thankful the community will now have access to hospice care close to home to service the growing need.”.

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Hospice News

OCTOBER 5, 2022

Croix Hospice has been on a quest to conquer the Midwest through acquisitions and de novos. The company today announced its purchase of Adaptive Hospice from Help at Home, which brings St. The hospice provider is a portfolio company of the private equity firm H.I.G. Croix Hospice President and CFO Stephen Phenneger. “We

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Hospice News

OCTOBER 19, 2022

Two hospices have lost the battle against workforce shortages, with one halting some of its service lines and another shutting down altogether. Hospice and Home Care of Juneau shutters. Alaska-based Hospice and Home Care of Juneau (HHCJ) recently announced its closure, citing high staffing costs and lack of clinicians.

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Hospice News

JULY 17, 2023

Fraud, waste and abuse issues that have percolated in the hospice space have put providers up against some regulatory walls. Bad actors in the hospice space can cost the nation’s health care system millions in fraudulent billing practices and also hinder access to care among terminally ill patients.

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Hospice News

JUNE 29, 2023

Hospices often lack the financial and staffing resources needed to fully support bereaved families. Gross is also a medical director at ANX Hospice Care. Gross is also a medical director at ANX Hospice Care. Hospices are not reimbursed enough to support grief care teams,” Gross told Hospice News.

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Hospice News

SEPTEMBER 14, 2022

Hospice provider Agape Care Group has acquired GHC Hospice for an undisclosed sum, furthering the company’s goal of multistate expansion through the Southeast. We’ve been laser focused in the Southeast over the last few years and do feel like it gives us the most near-term upside,” Agape CEO TroyYarborough previously told Hospice News.

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Hospice News

MAY 19, 2022

The analysis also took into account the ratio of Medicare-certified health care providers to eligible patients, as well as probate processes. The analysis cited data for each metric ranging from 2018 to early 2022, depending on the individual indicator. For deaths at home, for example, the report included numbers from 2018 to 2021.

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Hospice News

JUNE 7, 2024

Providing hospice and palliative care to patients in remote regions can come with significant challenges alongside innovative opportunities to improve quality, according to Cathy Stauffer Wozniak, executive director at Hospice & Palliative Care of Martha Vineyards (HPCMV). Back then it was just Hospice of Martha’s Vineyard Inc.

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Hospice News

OCTOBER 17, 2022

As with other demographic groups, hospice utilization among Hispanic, Latino and Latinx populations is low in comparison to Caucasians. Latino patients are more likely to die without receiving hospice care or even information about these services, the report indicated. “We Hispanics made up 6.7% Hispanics made up 6.7%

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Hospice News

AUGUST 16, 2022

(NASDAQ: PNTG) has purchased California-based Ardent Hospice and Palliative Care in the San Diego area for an undisclosed amount. Ardent, which also offers home health care, serves between 20 and 50 hospice patients per day, according to National Hospice Locator. The company received its Medicare certification in 2013. “We

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Hospice News

MARCH 15, 2024

The Medicare Payment Advisory Commission (MedPAC) has recommended to Congress a freeze on hospice payment increases starting in 2025. In its annual report to Congress, MedPAC urged policymakers to eliminate hospice base-rate increases for 2025. The 2021 aggregated Medicare hospice margin was 13.3%, according to MedPAC.

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Hospice News

MARCH 16, 2023

The Medicare Payment Advisory Commission (MedPAC) has once again recommended a 20% cut to the aggregate cap for hospice payments. MedPAC has called for similar cuts annually since 2018, but to date, Congress has not implemented these reductions. of hospices exceeded the cap, MedPAC estimated. During 2020, about 18.6%

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Hospice News

JUNE 22, 2022

The business case for diversity, equity and inclusion in hospice care. It could impact hospices’ sustainability as well as their access to patients. Initiatives to reach underserved populations have been a rising priority among hospice providers. Where hospices swing and miss in diversity. Invest in long-term change.

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Hospice News

FEBRUARY 10, 2023

If you were to write a book about hospice in 2023, what would you call it? To help answer that question, Hospice News asked the CEOs of eight providers how they would title a book about the state of the field today. Croix Hospice, AccentCare, Chapters Health System, Alivia Care, Enhabit, Inc., We want to make a difference.

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Hospice News

JULY 11, 2022

A group of 17 Illinois health care organizations is collaborating to expand access to home-based primary care, including a number of hospice and palliative care providers. million seniors who reside in Illinois are 85 or older, and 40% of Medicare beneficiaries in the state have four or more chronic conditions, according to HCCI.

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