Hospice News

MAY 12, 2023

Established in 1979, the nonprofit organization provides hospice and palliative care in three counties near the San Francisco area of northern California. The hospice company is accused of violating the California Labor Code that stipulates employers must provide sick leave to workers. Community Hospice, Inc.

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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. While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.

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Hospice News

AUGUST 22, 2022

The company’s complex care management program mirrors the interdisciplinary palliative care model, including symptom management, addressing psychosocial needs, advance care planning, and social determinants of health. None of the companies are commenting to the media about a potential sale or bids. Signify earned $246.2

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Hospice News

AUGUST 30, 2024

YoloCares provides hospice, palliative and supportive care in six counties across northern California. In March, the hospice provider was approved by its state government to expand to 10 counties to meet rising demand. VITAS is the largest hospice company in the nation by market share, according to 2022 data from LexisNexis.

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Hospice News

SEPTEMBER 12, 2023

The move comes nearly a year after California-based Guaranteed launched in August 2022, when founder and CEO Jessica McGlory began her own provider company two years after her father passed away. SCAN Group, parent company of SCAN Health Plan, is the latest investor in the hospice company.

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Hospice News

APRIL 6, 2023

Two hospice fraud cases are moving forward in California and Arizona, states that some stakeholders consider to be potential hotbeds of malfeasance in the space. False Claims Act violations in California San Gabriel Hospice & Palliative Care submitted roughly $3.67 Karen Sarkisyan, a.k.a.

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Hospice News

JANUARY 26, 2024

Rebranding a hospice company following a merger or acquisition is a more complex process than it may seem at first blush. And although not all acquired companies rebrand, many do in order to create a unified identity or reflect a broader suite of services. Kudner has experienced this process firsthand.

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Hospice News

SEPTEMBER 16, 2022

Lauren O’Dwyer, CFO at Anvoi Hospice and Anvoi Management, LLC, has been named a 2022 Future Leader by Hospice News. Before stepping into the CFO role, O’Dwyer previously served as controller and provided accounting oversight for these hospices and others to help ensure accurate financial representation of each entity.

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Hospice News

MARCH 20, 2023

Regardless of providers’ disparate methods, hospice remains a high-growth industry, expanding at an annual rate of 7% to 8% annually, Bank of America (BofA) Global Research reported in TKTK. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Hospice News

JUNE 16, 2022

In part, the trend of more hospitals and health systems in hospice is a response to growing demand and strain on acute care services. More health systems are looking to expand into community-based hospice and palliative care to complement existing offerings while creating new care delivery channels.

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Hospice News

JULY 3, 2023

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.

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Hospice News

JULY 21, 2023

In addition to those pressures, the industry is also in a cooling period in which companies focus on integrating the assets that many acquired during flurries of activity in 2021 and 2022, according to Mark Kulik, senior managing director at The Braff Group. The New York-based hedge fund owns 4.5%

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Hospice News

DECEMBER 13, 2022

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). The average bonus for registered nurses was $6,330. .

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Hospice News

JANUARY 19, 2023

The organizations penned a joint letter to CMS in November urging for increased oversight to help curb hospice frauds, including the National Association for Home Care & Hospice (NAHC), National Hospice and Palliative Care Organization (NHPCO), National Partnership for Healthcare and Hospice Innovation (NPHI) and LeadingAge.

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Hospice News

JUNE 22, 2023

This has led many hospitals and health systems to make their own investments in home-based care , including hospice, a development that HCA CEO Samuel Hazen noted in a 2022 earnings call following the Brookdale deal. billion acquisition of the home health and hospice company LHC Group. told Hospice News.

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Hospice News

FEBRUARY 20, 2024

Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospice company, Marion indicated. This is down from 54% of respondents in 2023’s survey and 68% of 2022 respondents. NYSE: EHAB).

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NHPCO

JANUARY 19, 2023

For Immediate Release January 19, 2023 Concerned by Growth of Unscrupulous Operators, Organizations Outline Areas of Focus, Key Steps (Alexandria, VA and Washington, D.C.) – The four national hospice provider organizations: LeadingAge , the National Association for Home Care & Hospice (NAHC) , the National Hospice and Palliative Care Organization (..)

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Hospice News

JANUARY 3, 2025

From a business perspective, this means hospice companies will have to rise to meet burgeoning demand and staff shortages and financial headwinds, including reimbursement that hasnt kept pace with inflation rates. The hospice M&A market hit a slump in 2023 and 2024 due to a range of factors. in 2022 to 2.5%

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