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The Senior Living Opportunity for Hospices

Hospice News

Many hospices in 2025 are driving to expand in the senior housing and assisted living space. More than 818,000 people in the United States dwell in more than 30,600 assisted living communities nationwide with an aggregate 1.2 The lions share of assisted living residents are aged 85 or older, AHCA/NCAL reported.

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Mission Health Services Acquires Angel’s Crossing Home Hospice

Hospice News

Mission is a nonprofit provider of nursing home, assisted living, short term care, memory care and therapy services. About 15,900 Medicare decedents in Utah elected hospice in 2022, a rate of slightly more than 59%. Centers for Medicare & Medicaid Services (CMS). Financial terms were undisclosed.

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Integrating Social Determinants Into Palliative Care

Hospice News

Centers for Medicare & Medicaid Services (CMS) include five areas of social determinants of health: food and housing insecurity, transportation needs, utility difficulties and interpersonal safety. In 2022, the company rebranded as Vynca to reflect its broadened scope of clinical services and now provides care across five Western states.

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Incoming Samaritan CEO Phillip Heath: Reduce Dependence on Medicare

Hospice News

One is how can we continue to diversify our services and help more people in more ways — and second, looking at how we can reduce our dependence on Medicare reimbursement. I personally have aging parents, and they live in an assisted living environment. We want to make sure that we’re doing that.

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Leveraging Sales Strategies in Hospice Payment Cap Management

Hospice News

The cap is designed to prevent overuse of hospice, put controls on Medicare spending and foster greater access to care among patients. Centers for Medicare & Medicaid Services set the cap at $33,394. If a hospice has a cap liability, they will have to repay that amount to Medicare. For Fiscal Year 2024, the U.S.

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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

Since its implementation in July 2022, VITAS has bolstered its ranks with 275 newly hired licensed clinicians, including 103 during Q4, the company reported. For some of those other metrics, results were mixed for both Q4 and full-year 2022. jump from assisted living facilities. from Q3 2022. in Q4, along with a 2.7%

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M&A, Referral Uptick to Bolster Pennant Amid Labor, Census Headwinds

Hospice News

The Pennant Group (NASDAQ: PNTG) expects emerging rebounds in skilled nursing and assisting living — and its pipeline of forthcoming acquisitions — to offset the impact of continuing labor headwinds. Pennant is also starting to see occupancy rates improve among its skilled nursing and assisted living referral partners.