Hospice News

JANUARY 8, 2025

Hospice utilization reached 43.77% among Medicare decedents in Hawaii during 2022, according to a report from the National Alliance for Care at Home. This fell below the national average of 49.1% that year, the Alliance reported.

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Hospice News

NOVEMBER 4, 2024

About 15,900 Medicare decedents in Utah elected hospice in 2022, a rate of slightly more than 59%. Currently 13% of the state’s population of 2.8 million is over the age of 60, a number expected to rise to 17% by 2030.

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Hospice News

NOVEMBER 11, 2024

More than 16,000 people elected the hospice benefit in 2022, about 46% of the state’s Medicare decedents that year, according to the National Alliance for Care at Home. “For us, this acquisition was an ‘easy’ decision because we knew we would not have to come in and clean up a ton of compliance/regulatory/quality outcome issues at all.”

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Hospice News

OCTOBER 30, 2024

per 100,000 females between 2018 and 2022, the research found. Palliative care’s major referral hurdles, key selling points More than 3.97 million women in the United States had some type of breast cancer in 2021, according to research from the National Cancer Institute. Annual breast cancer-related death rates reached 19.3

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Hospice News

FEBRUARY 28, 2025

in hospice costs of the $873 billion in overall Medicare spending that occurred during 2022. Medicare hospice spending reached roughly $25.7 billion in 2023, which averaged roughly $186 in daily costs of care, the report found. This compared to about 2.7%

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Hospice News

NOVEMBER 15, 2024

Cancer and circulatory disease patients represent three-fourths of those who utilized hospice in 2022, according to the National Alliance for Care at Home. In addition, the society projects more than 611,720 cancer deaths this year. Dementia and neurological illnesses make up the remaining 25%.

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Hospice News

NOVEMBER 11, 2024

Hospice utilization among Medicare decedents reached 47.79% in Missouri during 2022, with rates reaching 52.23% in Texas that year, reported the National Alliance for Care at Home. Seniors 65 and older represent 18.4% of Missouri’s overall population and 13.8% of Texas’, according to the U.S. Census Bureau.

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Hospice News

DECEMBER 11, 2024

Hospice utilization among Medicare decedents reached 52.23% in Texas during 2022, reported the National Alliance for Care at Home. Seniors 65 and older represent 13.8% of the states overall population, according to the U.S. Census Bureau. Hospice utilization rates hovered at 49.1% nationwide that year, according to the Alliance report.

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Hospice News

NOVEMBER 27, 2024

Close to 18,000 Medicare decedents in Kansas elected the hospice benefit in 2022, a rate of nearly 52%, which exceeded national averages that year, according to the National Alliance for Care at Home. Administration for Community Living.

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Hospice News

DECEMBER 10, 2024

Koda in February 2022 secured $3.5 Koda Health spun out of that work as an independent company. The companys platform is designed to digitize patients decision-making around their care preferences and goals. million in growth capital to spur the expansion of its platform and hire additional staff. A second funding round took place this year.

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Hospice News

MARCH 12, 2025

Hospice utilization among Medicare decedents 52.23% in Texas in 2022, reported the National Alliance for Care at Home. Seniors 65 and older represent 13.8% of the Lone Star States overall population, according to the U.S. Census Bureau. Hospice utilization rates hovered at 49.1% nationwide that year.

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Hospice News

NOVEMBER 11, 2024

billion in shared savings payments during the program’s 2022 to 2023 performance year, the highest dollar amount thus far, CMS reported. “We Centers for Medicare & Medicaid Services (CMS) recently announced that its Medicare Shared Savings Program (MSSP) yielded more than $2.1 ACOs participating in MSSP earned an estimated $3.1

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Hospice News

MARCH 19, 2025

The disease in 2022 was mentioned on more than 457,000 U.S. In 2022, 52,375 Medicare decedents with (unspecified) heart failure as a principal diagnosis elected hospice about 2.8% In 2022, 52,375 Medicare decedents with (unspecified) heart failure as a principal diagnosis elected hospice about 2.8% Close to 6.7

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Hospice News

FEBRUARY 20, 2025

Hospice utilization among Medicare decedents 52.23% in Texas in 2022, reported the National Alliance for Care at Home. Seniors 65 and older represent 13.8% of the Lone Star States overall population, according to the U.S. Census Bureau. Hospice utilization rates hovered at 49.1% nationwide that year.

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Hospice News

MARCH 14, 2025

billion in 2022, Medicare (MedPAC) reported. in 2022, the National Alliance for Care at Home reported. Details in the data trends The U.S. hospice industry as a whole is projected to bring in roughly $34 billion in revenue during 2024, Jackson indicated. This is a rise from Medicare hospice expenditures that reached $23.7

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Hospice News

JANUARY 23, 2025

The PRIM-ER interventions took place between 2018 and 2022, meaning that the results could have been influenced by the COVID-19 pandemic. Researchers evaluated the initial emergency department visits of nearly 99,000 seniors with serious illnesses before and after implementation of PRIM-ER. The results were published in JAMA.

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Hospice News

DECEMBER 3, 2024

The case has a long circuitous history that dates back to 2022 when Encompass Health spinned off its home health and hospice business as a standalone company, now known as Enhabit Inc. NYSE: EHAB) brand. At the time, VitalCaring CEO April Anthony was CEO of the Encompass home-based case segment.

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Hospice News

MARCH 4, 2025

Additionally, Arkansas Hospice in 2022 acquired First Choice Senior Care, which provides personal care services and assistance with medication management, meal preparation, assistance with daily activities of life and companionship. Bell previously served as the nonprofit hospice providers vice president and chief medical officer since 2016.

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Hospice News

FEBRUARY 13, 2025

CAPC surveyed 150,000 health care professionals between December 2021 and January 2022 to gauge the efficacy and scope of their quality improvement efforts to advance equity among Black patients with serious illnesses.

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Hospice News

NOVEMBER 13, 2024

The hospice space has since seen a cooling period that began in 2022, with investment ebbing further in2023 and into this year. Reimbursement, regulatory trends Hospice valuations and M&A activity burgeoned in previous years, reaching record highs in 2019 and 2020.

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Hospice News

NOVEMBER 21, 2024

among Hispanic populations in 2022, the largest increase across all minority groups that year, reported the National Alliance for Care at Home. Improved health equity outcomes in part drove Kentucky-based Bluegrass Care Navigators to launch a PACE program in 2022. Hospice utilization rates rose by 4.1% An increase of 3.3%

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Hospice News

JANUARY 27, 2025

According to 2022 data from the University of Southern California, average turnover rates throughout the health care continuum hover around 27% for registered nurses and 35.5% Chapters is one of the largest nonprofit hospice providers in the United States. Currently the company has achieved a turnover rate of 12% for nurses and 10% for CNAs.

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Hospice News

MAY 30, 2024

A surge of deals in 2021 and 2022 led to record-high valuations in the space with multiples reaching in excess of 30x in some instances. The peak chasm certainly was in the second half of 2022, but we’re now approaching two years hence. In 2022, those groups were trading for a premium, all of a sudden.

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Hospice News

OCTOBER 13, 2023

The RAND analysis released this week covers the calendar year 2022. In 2022, 13 insurance companies offered hospice VBID benefits through a total of 109 health plans. For more than half of these plans, 2022 was their first year of participation. Centers for Medicare & Medicaid Services (CMS) commissioned the RAND Corp.

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Hospice News

JANUARY 13, 2025

Johnson previously served as president of the Trustbridge Hospice Foundation, since 2022. Guerisoli stepped into the CEO role in 2022 and has served on Pennants board since 2023. The news comes alongside the retirement of Kathy Rabon, president of the Suncoast Hospice Foundation. from 2008 to 2020.

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Hospice News

JUNE 26, 2024

NYSE: EHC) in 2022. from Q2 2022 to Q1 2024, while Amedisys’ revenue grew by 1.3% from Q2 2022 to Q1 2024.” “We believe Enhabit’s significant underperformance versus peers is a direct result of the Board lacking the necessary industry expertise to hold management accountable.” The company spun off from Encompass Health Corp.

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Hospice News

DECEMBER 12, 2023

trillion in 2022, a 4.15 In 2022, strong Medicaid and private health insurance spending growth, including a turnaround in the net cost of insurance, was somewhat offset by continued declines in federal spending associated with the COVID-19 pandemic,” the report indicated. billion in 2022. in 2022, down from 7.2%

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Hospice News

JUNE 14, 2023

annually between 2022 and 2031, reaching $7.1 ” In 2022, CMS paid $23.9 A deceleration in spending growth compared to that in 2021, is attributable in part to the Medicare fee-for-service beneficiaries using emergent hospital care at lower rates during 2022,” CMS Economist Jacqueline Fiore said in a conference call.

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Hospice News

DECEMBER 1, 2023

The national average hourly rate for Hospice registered nurses rose 4.58% in 2023, down from a 5.95% increase in 2022, according to a new report by the Hospital & Healthcare Compensation Service (HCS) in cooperation with the National Association for Home Care & Hospice (NAHC). Nationally, hourly wages for hospice RNs reached $38.08

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Hospice News

MAY 28, 2024

For example, for FY 2022, the agency used 2018 data. “We In 2022, the shortfall was 3%, and, in 2023,1%. Centers for Medicare & Medicaid Services (CMS) in March issued its 2025 proposed hospice rule, which if finalized would include a 2.6% increase in the per diem base rate. We are deeply concerned about the inadequacy of the 2.6%

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Hospice News

AUGUST 26, 2024

The disease in 2022 was mentioned on more than 457,000 U.S. In 2022, 52,375 Medicare decedents with (unspecified) heart failure as a principal diagnosis elected hospice — about 2.8% In 2022, 52,375 Medicare decedents with (unspecified) heart failure as a principal diagnosis elected hospice — about 2.8% Close to 6.7

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Hospice News

DECEMBER 19, 2024

million in Fiscal Year (FY) 2022. HHCAH operates eight locations, employing more than 900 staff that provide care throughout the state of Connecticut. The home health and hospice provider reported an operating revenue of $144.8 HHCAH is the home health and hospice segment of the Hartford HealthCare integrated health system.

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Hospice News

JULY 26, 2024

Contreras was detained in 2022 by California law enforcement agencies for allegedly receiving kickbacks from multiple parties in exchange for Medicare beneficiary referrals and billing for medically unnecessary hospice services. Black was also arrested in 2022 and has pleaded not guilty to the charges. The FBI, U.S.

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Hospice News

JUNE 12, 2024

trillion this year, up from $944 billion in 2022. Inflation and rising health care utilization are driving U.S. health care spending to growth faster than the country’s gross domestic product (GDP). The nation’s health care spend is projected to reach nearly $5.1 trillion in 2024, up from $4.5 trillion by 2032, equal to 19.7%

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Hospice News

NOVEMBER 22, 2023

This is in addition to six that launched in 2022. In October 2022, St. Other 2022 deals include the acquisition of Michigan-based Corpore Sano Hospice as well as Illinois-based Lexington Hospice Care last summer. The company has opened four devo locations so far this year in Kansas, Iowa and Wisconsin.

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Hospice News

OCTOBER 16, 2024

Hospice utilization among Medicare decedents reached more than 54% in 2022, according to the National Alliance for Care at Home. Among Medicare beneficiaries, 45,760 elected the hospice benefit in 2022. This exceeds the national average that year at 49.1%.

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Hospice News

DECEMBER 6, 2023

While the slowdown applies to all buyers, the decline in private equity transactions is particularly noteworthy because they were among the most aggressive acquirers in the space between 2019 and 2022. This is down from 11 in Q3 2022 and 18 in the same period in 2021. NYSE: HUM) in August 2022.

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