Remove 2022 Remove Home care Remove Hospice companies
article thumbnail

As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

Labor shortages and other headwinds have battered hospices during 2022, including large companies. This has been a longstanding problem since the start of the pandemic, but average length of stay among the publicly traded firms tumbled at a faster rate in Q3 2022 (3%) than they did in the third quarter of 2021 (2%).

article thumbnail

Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. During late 2021 and 2022, the U.S. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. 3–6 Big Provider, Payer Hospice Deals.

2022 246
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Most Game-Changing Hospice Deals from 2022

Hospice News

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. These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. s (NYSE: HUM) $2.8

2022 246
article thumbnail

4 Key Trends for Hospices to Watch in 2024

Hospice News

Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.

2024 290
article thumbnail

CMS Proposes ‘36-Month Rule’ to Curb Hospice License ‘Flipping’

Hospice News

In January, hospice organizations began sounding the alarm on similar activity in other states — Arizona, Texas and Nevada. Arizona had 239 new Medicare-certified hospices appear between 2018 and 2022, representing 52% of all providers in the state.

Hospice 255
article thumbnail

VitalCaring Primed for Hospice Expansion in 2024

Hospice News

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. VitalCaring VitalCaring VitalCaring President Luke James We spoke early last year about VitalCaring’s launch.

2024 292
article thumbnail

Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Signatories on the joint letter included LeadingAge, the National Association for Home Care & Hospice (NAHC), the National Hospice and Palliative Care Organization (NHPCO), and the National Partnership for Healthcare and Hospice Innovation (NPHI). NYSE: EHAB), Bayada Home Health Care and Amedisys Inc.

2023 290