Hospice News

MARCH 17, 2023

The company has established a Net Zero Climate Transition Plan with an aim to achieve net zero greenhouse gas emissions from operations by 2050. Last year, the home health and hospice company released its first Environmental, Social and Governance (ESG) report that included data on its 2021 energy consumption as a benchmark.

Hospice 242

Hospice 2009 2025 Grief 242

Hospice News

DECEMBER 12, 2022

The company began as the fourth largest provider of Medicare-certified home health services and the 12th largest provider of Medicare-certified hospice services nationally. The new home health and hospice company expects to earn nearly $1.07 Hospice valuations also started to shake relative to the last two years.

2022 246

2022 Hospice 2021 2023 246

Hospice News

JUNE 16, 2022

Meanwhile, investors that are snatching up hospice acquisitions have increasingly seen value in selling them off, continued Kulik. Some are divesting to unlock the value of having a separate home health and hospice company,” Kulik said. High price tags for hospice assets are sparking some to take a seat at the sellers’ table.

2014 246

2014 Hospice 2021 Palliative care 246

Hospice News

MAY 11, 2022

With so much of its business weighted towards personal care, the company receives most of its reimbursement from Medicaid managed care organizations (MCOs) run by private payers. As of 2019, MCOs covered 69% of all Medicaid beneficiaries, according to the Kaiser Family Foundation. .

Homecare 130

Homecare 2019 Feeding 2016 130

Hospice News

APRIL 25, 2023

Current and former employees of California-based Community Hospice, Inc. The hospice company is accused of violating the California Labor Code that stipulates employers must provide sick leave to workers. have filed a lawsuit to the tune of nearly $5 million in alleged unpaid wages during the pandemic.

Hospice 130

Hospice Document 2019 2022 130

Hospice News

DECEMBER 21, 2022

Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. Hospice utilization fell in 2020 for the first time in years, to 47.8%

2022 246

2022 Hospice Medicare 2021 246

Hospice News

OCTOBER 4, 2024

When I took the reins over the business, I had always wanted to get into hospice care from personal experiences. We know people who have gone through hospice care. So in 2019 I launched a hospice company, which became Seva Hospice. It’s turned me into a huge advocate for hospice.

Hospice 130

Hospice 2006 2030 Homecare 130

Hospice News

JANUARY 3, 2025

Hospice utilization reached 51.7% This is the highest rate since 2019. The number of hospice care days also saw increases, as did average length of stay and average number of patient visits per week. The past year has seen a slew of regulatory developments aimed at improving quality and combating fraud in the hospice industry.

2025 278

2025 Hospice Medicare 2019 278

Hospice News

DECEMBER 17, 2024

Hospice utilization reached 51.7% This is the highest rate since 2019. Other indicators also suggest that the nations terminally ill patients have good access to hospice care, MedPAC indicated. Financial analysts report the hospice sector continues to be viewed favorably by investors.

2026 279

2026 Medicare Hospice 2023 279

Hospice News

JUNE 23, 2022

With these factors in mind, a rising number of patients are being cared for by PE-owned hospices. An estimated 16% of Medicare hospice enrollees received care from either a private equity-owned or a publicly traded hospice company in 2019, up from 11% in 2012, a recent study reported. Elizabeth Warren (D-Mass.),

Hospice 276

Hospice 2013 2012 Nursing home 276