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NASDAQ: ADUS) saw hospice growth in 2023, despite lingering pandemic-related challenges around daily census. The company anticipates growth in its personal care business in 2024, which will have a reverberating impact in its hospice and home health service lines. Addus purchased Illinois-based hospice provider JourneyCare Inc.
Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. It’s hard to say that you have proof. This looks really questionable.”
I think the last time we had you on was 2022. And you had higher rates of hospicedischarges, higher rates of DNR orders. Those two things together, no increase in mortality but increase in hospice utilization, it doesn’t prove that palliative care is goal-concordant, but it’s certainly suggestive. Eric: Okay.
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