Hospice News

SEPTEMBER 15, 2023

For the time being, Medicare Advantage may be providers’ best bet for palliative care reimbursement. Centers for Medicare & Medicaid Services (CMS) also allows Medicare Advantage plans to cover palliative care as a supplemental benefit. This year, the number of MA plans swelled to 3,998 nationwide, up 6% from 2022.

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Hospice News

MARCH 28, 2025

Hospice utilization rates reached 26.34% among Medicare decedents in 2022, reported the National Alliance for Care at Home. The study gauged the caregiver experiences of for-profit entities as reported in Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey data. This fell below the national average of 49.1%

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Hospice News

APRIL 16, 2025

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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Hospice News

DECEMBER 15, 2022

Florida-based Hope Healthcare has affiliated with Chapters Health System, a nonprofit provider of hospice, palliative care and home health, among other services. This marks the second affiliation for Chapters in 2022, the first being Cornerstone early in the year. Beckwith has led Hope Healthcare for more than 30 years.

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Hospice News

AUGUST 16, 2023

Medicare Advantage plans are connecting the dots between quality scores and care delivery costs. When choosing a hospice to work with, payers in the Medicare Advantage (MA) realm zero in on providers’ quality scores and its patient population growth potential, according to Frontpoint Healthcare CEO Brent Korte.

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Hospice News

DECEMBER 12, 2022

Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. Another big-ticket deal in 2022 also involved another payer. Optum to pick up LHC Group. Humana sells bulk of Kindred hospice to private equity. This was Humana Inc.’s

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Hospice News

JUNE 11, 2024

Federal regulators should increase scrutiny of private equity activity in the hospice space, according to the National Partnership for Healthcare and Hospice Innovation (NPHI). In 2022, 5,899 hospices provided care to Medicare beneficiaries, up 10% year-over-year, according to the Medicare Payment Advisory Commission (MedPAC).

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Hospice News

OCTOBER 13, 2023

Implementation of the Medicare Advantage hospice carve-in has been challenging for both payers and providers, though a recent analysis indicates that it may get easier over time. Centers for Medicare & Medicaid Services (CMS) commissioned the RAND Corp. Centers for Medicare & Medicaid Services (CMS) commissioned the RAND Corp.

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Hospice News

JUNE 14, 2023

annually between 2022 and 2031, reaching $7.1 Meanwhile, Medicare hospice spending is expected to more than double by 2032. Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6% ” In 2022, CMS paid $23.9 These data from the U.S.

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Hospice News

NOVEMBER 28, 2023

Providers see sustainability and expanded service growth as main draws to participating in the Medicare Advantage hospice carve-in. Centers for Medicare & Medicaid Services (CMS) recent webinar. The company analyzed results of the program that spanned patient data through the calendar year of 2022. The RAND Corp.

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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

AUGUST 15, 2024

The post-Medicare Advantage hospice carve-in landscape could include wider value-based reimbursement avenues in the hospice space, leading providers to pivot into MA payer relationships. You need to be at the table with Medicare Advantage plan negotiations and make yourself known. a hospice and home care consulting company.

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Hospice News

FEBRUARY 24, 2023

NYSE: CHE) subsidiary VITAS Healthcare is banking on improved recruitment and retention to spur upward movement on patient census, admissions and length of stay. To recap, we have now generated two quarters of sequential growth in licensed healthcare workers, sequential growth and admissions, as well as [average daily census].

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Hospice News

SEPTEMBER 5, 2024

The home health and hospice provider recently terminated its home health contract with the Medicare Advantage payer UnitedHealthcare, a subsidiary of UnitedHealth Group (NYSE: UNH), citing nine months of unsuccessful negotiations. Centers for Medicare & Medicaid Innovation’s proposed 2025 payment rule. “We’re

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Hospice News

JULY 27, 2023

NYSE: CHE) subsidiary VITAS Healthcare, but financial pressure points remain. All told, VITAS Healthcare has recruited 784 workers since the bonus program’s launch a year ago, the majority of whom were nurses. million compared to the first half of 2022. rise from the same period in 2022. year-over-year rise.

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Hospice News

SEPTEMBER 8, 2023

Over time, Medicare Advantage plans will likely have a greater presence as hospice payers, and now is the time for providers to build relationships those organizations. billion nonprofit Medicare Advantage (MA) organization that covers more than 285,000 members across California, Arizona, Nevada and Texas. SCAN is a $4.3

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Hospice News

MAY 18, 2022

Centers for Medicare & Medicaid Services (CMS) recently proposed a 2.7% Beyond the rising costs, Medicare is phasing in the return of payment sequestration, which was temporarily suspended during the COVID-19 public health emergency. NYSE: CHEM), said at the RBC Capital Markets Global Healthcare Conference. “So

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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). this year, but geographic variations exist.

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Hospice News

JUNE 30, 2023

Radiant Health’s new partnership with CareSource reflects three key trends impacting the health system — growth in Medicare Advantage, the rising prominence of home-based care and consolidation among payers and providers. Centers for Medicare & Medicaid Services (CMS) and the U.S. Close to 31.5

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Hospice News

NOVEMBER 8, 2023

These annual adjustments have their roots in the Improving Medicare Post-Acute Care Transformation Act of 2014 (IMPACT Act), which changed the way the hospice aggregate payment cap is calculated. Centers for Medicare & Medicaid Services (CMS) has been working to implement since 2022. for next year.

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Hospice News

FEBRUARY 15, 2023

Centers for Medicare & Medicaid Services (CMS), asking for the agency to brief them on fraud and abuse within the hospice benefit. Arizona had 239 new Medicare-certified hospices appear between 2018 and 2022, representing 52% of all providers in the state. Beth Van Duyne (R-Texas) and Earl Blumenauer (D-Ore.)

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Hospice News

SEPTEMBER 25, 2023

Centers for Medicare & Medicaid Services (CMS) plans to launch the program in 2024, according to language included in the agency’s proposed home health rule for 2024. CMS initially pitched the idea for 2022 but instead convened a Technical Expert Panel (TEP) to further guide the development process.

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Hospice News

FEBRUARY 26, 2024

Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. 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 data from the M&A advisory firm The Braff Group.

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Hospice News

JUNE 7, 2023

” Arizona had 239 new Medicare-certified hospices appear between 2018 and 2022, representing 52% of all providers in the state. Centers for Medicare & Medicaid Services (CMS) to address this issue, providing 34 recommendations. This was the conclusion of a 2022 report from the California Department of Justice (CDOJ).

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Hospice News

AUGUST 8, 2023

Centers for Medicare & Medicaid Services (CMS) has put forth to strengthen hospice program integrity mirror rules implemented in years past for home health providers, including medical review processes and rules for when a provider can sell their business. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit.

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Hospice News

FEBRUARY 8, 2023

Hospice executives in December 2022 shared their predictions for what would happen in the space during 2023. Another focus for providers this year should be adapting towards risk-based payment models or the potential for hospice coverage through Medicare Advantage (MA), some executives say.

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Hospice News

APRIL 27, 2023

Investments in their workforce have spurred VITAS Healthcare forward on the road to pre-pandemic financial and clinical performance. Aging Media Network photo Aging Media Network photo VITAS Healthcare CEO Nick Westfall In Q1, the company’s ADC rose 3% year-over-year to 17,830. from the first quarter of 2022 but represents a 9.1%

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Hospice News

JULY 17, 2023

Centers for Medicare & Medicaid Services (CMS) is conducting a small pilot program for post-payment reviews of hospice stays that exceed 90 days. The agency has contracted with Noridian Healthcare Solutions, LLC as its Supplemental Medical Review Contractor (SMRC). Noridian will perform the reviews and submit findings to CMS.

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Hospice News

JANUARY 10, 2023

The company’s palliative care strategy rests on the back of risk-based payment models, primarily Medicare Advantage, Kusserow indicated at the J.P. Morgan Healthcare Conference. Contessa is already forging agreements with Medicare Advantage payers to offer palliative care, which Kussersow expects to spur revenue upwards. . “We

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Hospice News

DECEMBER 4, 2023

After the tumultuous years of the pandemic, VITAS Healthcare expects a stable growth trajectory heading into 2024. Though the company has not yet released financial guidance for 2024, VITAS anticipates a “predictable” 2024 in terms of earnings and growth, executives said at Monday’s Bank of America Healthcare Conference. NYSE: CHE).

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Hospice News

SEPTEMBER 19, 2022

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. Medicare Advantage is a clear example. As of 2019, the U.S. Hospice market to stay mighty.

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Hospice News

DECEMBER 19, 2023

The company is a division of Graham Healthcare Group, a subsidiary of Graham Holdings Company (NYSE: GHC). Centers for Medicare & Medicaid Services (CMS). In 2022, the company acquired Comfort Hospice in Missouri and Grace Hospice in Ohio from the health care company U.S. currently, according to the U.S. .”

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Hospice News

JULY 5, 2022

Strong hospice and home health consolidation continued during the first quarter of 2022, according to a recent report from Provident Healthcare Partners. Underlying demographic trends continue to fuel these deals, according to Jake Vesely, senior associate, and Kevin Palamara, managing director at Provident Healthcare Partners.

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Hospice News

MARCH 1, 2024

Frontpoint, a portfolio company of Cimarron Healthcare Capital and Tacoma Holdings, is an emerging provider of home health, hospice, palliative and personal care with a focus on Medicare Advantage enrollees in Texas markets. Financial terms were undisclosed.

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Hospice News

AUGUST 21, 2023

Centers for Medicare & Medicaid Services (CMS) forthcoming Special Focus Program (SFP) for hospices. CMS initially pitched the idea in 2022 but instead convened a Technical Expert Panel (TEP) to further guide development. A coalition of industry groups has spoken out about the design of the U.S.

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Hospice News

NOVEMBER 11, 2022

Centers for Medicare & Medicaid Services (CMS) to ensure providers get a fair shake when the agency’s forthcoming Special Focus Program (SFP) comes to fruition. Initially proposed for 2022, the agency opted to delay implementation in response to feedback from hospices and industry organizations. “My No. “My No.

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Hospice News

MARCH 30, 2023

UCH is the 22nd largest multisite, nonprofit senior living organization in the United States, according to the 2022 LeadingAge Ziegler 200 ranking, serving nearly 7,000 residents in more than 90 communities in 15 states and two Native American nations. Centers for Medicare & Medicaid Services (CMS). This is a rise from 17.8%

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