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Federal Officials Call for Stronger Medicare Advantage Oversight

Hospice News

Congressional legislators are casting doubts on regulatory oversight of Medicare Advantage plans over concerns about spending, claims denials, and end-of-life care. Department of Health & Human Services Office of the Inspector General (OIG), the Medicare Payment Advisory Commission (MedPAC), and the Government Accountability Office.

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Adena Health, ASHN Form Hospice, Home Health JV

Hospice News

In 2021, close to 80,150 Medicare beneficiaries in Ohio utilized the hospice benefit, according to the U.S. Centers for Medicare & Medicaid Services (CMS). Among the states, Ohio is in the top half when it comes to hospice utilization.

Hospice 277
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M&A Volume May Shift From Hospice to Home Health

Hospice News

Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. Only three hospice deals took place in the third quarter of this year compared to 11 in Q3 2022 and 18 in the same period in 2021, according to The Braff Group. But additional data point to a resurgence.

Hospice 281
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Pennant Group Acquires Guardian Hospice

Hospice News

Guardian Hospice of Oklahoma received Medicare certification in 2015 and has since grown its presence in the state and across Texas. The company operates 102 hospice and home health locations and 51 senior living communities in 13 states, including Texas and Oklahoma. Centers for Medicare & Medicaid Services (CMS).

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What Hospices Can Learn from Home Health Agencies on New Program Integrity Rules

Hospice News

Hospices seeking to gauge the potential impact of new regulatory actions in the space can look to their counterparts in the home health field. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit. Their recommendations included a temporary moratorium on new hospices enrolling in Medicare.

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Hospice M&A Going Strong, But Non-Medical Home Care a Rising Star

Hospice News

Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of the end of Q2, this included 23 deals compared to 17 each for Medicare-certified home health and for hospice, according to a report by M&A advisory firm Mertz Taggart.

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2025 Could See Uptick in Hospice M&A, Less ‘Deal Fatigue’

Hospice News

More founders who began their organizations when the Medicare Hospice Benefit was established in the 1980s are reaching retirement. Multiples in home health and hospice reached 29x in 2020, beating 2019’s record of 26x, reported PwC’s Health Research Institute.

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