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The soon-to-be-implemented hospice Special Focus Program (SFP) from the U.S. Centers for Medicare & Medicaid Services (CMS) could produce misinformation that could interfere with access to care. It might make them even fearful about hospicecare, which is the last thing we want to see happen.
Beth Van Duyne (R-Texas) and Jimmy Panetta (D-California) have introduced a bill that would reform aspects of the hospice Special Focus Program (SFP). If enacted, the Enhancing Hospice Oversight and Transparency Act also would increase the penalty for hospices that do not report quality measure data to 10% by 2027, up from 4% currently.
Hospices coast-to-coast have undergone leadership transitions, including changes in legal executives and a slew of newly appointed CEOs, among other roles in the industry. Texas-based New Day provides home health, hospice, palliative and personal care services across 31 locations in Illinois, Kansas, Missouri and in its home state.
Centers for Medicare & Medicaid Services has made public its first cohort for the hospice Special Focus Program (SFP). Finalized in the 2024 home health payment rule, the program is designed to identify poor performing hospices, mandate quality improvement and in some cases impose additional penalties. million annually.
While hospice and home health M&A continue to burgeon, non-medical homecare is starting to slip out from under their shadows. Deal volume for non-medical homecare companies outstripped that for hospice or home health during the first half of the year. As of 2019, the U.S.
Virginia-based Capital Caring Health is expanding its home-based primary care program. The nonprofit hospice and senior services provider plans to offer primary care to a larger population of chronically ill patients with an emphasis on the Arlington County, Virginia, region. million primary care visits in 2016.
For instance, Kaiser Permanente in 2021 consolidated its home-based care services in Southern California and Hawaii into a single division, branded as Care at Home, with Vice President Angel Vargas at the helm. Our growth path is still there.
Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations and finance. Hospice utilization reached 51.7% This is the highest rate since 2019. Total Medicare hospice payments in 2023 reached $25.7 Coupled with these trends is rising utilization.
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.
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. The Hospice Special Focus Program Finalized in the U.S.
Facts and Figures – the leading resource for hospice providers and others interested in understanding the work of the community – has been published annually for over two decades by NHPCO. of all Medicare decedents in 2022 choosing hospicecare, utilization of hospice increased in 2022 for the first time since 2019.
For Immediate Release July 28, 2023 New Research Shows Hospice Produces Better Outcomes, Lower Medicare Costs (Washington, D.C. billion in Medicare savings in 2019, while also providing multiple benefits to patients, families, and caregivers. Hospice made that happen for mom, for me, and my family.”
For Immediate Release March 22, 2023 New Research Shows HospiceCare Reduces Medicare Costs HospiceCare Contributed to $3.5 billion in savings for Medicare in 2019, while providing multiple benefits to patients, families, and caregivers. Hospice stays of six months or more result in savings for Medicare.
Currently the differences in the availability of children’s palliative care services vary considerably (Hakanson et al 2017; Renton et al 2018; Mitchell et al 2019), and where these services are available the provision is not consistent (Fraser, Fleming and Paslow 2018; Mitchell et al 2019; Malcolm and Knighting 2021).
Hospice utilization has tripled among patients diagnosed with Alzheimer’s disease and related dementias (ADRD) during the past two decades. The trend has ignited concerns about these patients’ lengths of stay, as well as praise for hospices’ cost-savings potential. Roughly 14.7%
Though uncertainties abound when it comes to the Trump administrations approach to health care, many notable policies have been implemented during Republican administrations. Home-based care has a proven track record of reducing the total cost of care, which could lead to increased government investment in those services.
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