Hospice News

DECEMBER 19, 2022

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. The following are the most-read Hospice News articles of 2022. #1

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Hospice News

OCTOBER 18, 2023

“Aetna remains focused on providing benefits and services to help our members age in the place that is best for them – whether that is with caregivers or without, in a family home or in a senior living community,” Terri Swanson, president of Medicare for Aetna, told Hospice News in an email. “We

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Hospice News

AUGUST 23, 2022

I think the last area that’s been important to us to recruit outside of our physicians, and our nurse practitioners have been in our palliative medicine area and our primary care practice. Why is it important to reduce that dependence on Medicare reimbursement? So what do we do? We say that we can skip and modify the care plan.

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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

DECEMBER 13, 2023

Contessa’s specialty is high-acuity care in the home, including hospital-at-home and skilled nursing facility-at-home programs. Since at least 2022, Contessa has been pursuing palliative care reimbursement through Medicare Advantage. million in Q3 2022. million, compared with $3.5

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Hospice News

JANUARY 8, 2025

Superior provides home-based skilled nursing care, therapy services, home health aides and hospice. More than 27,550 Medicare decedents elected the hospice benefit in 2022, according to the National Alliance for Care at Home. This is a rate of 48.2%. The national rate that year was 49.1%, the Alliance reported.

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Hospice News

OCTOBER 16, 2024

Founded in 1985, the home health company will soon also offer a physician and nurse practitioner house call service and a new remote patient monitoring program. Hospice utilization among Medicare decedents reached more than 54% in 2022, according to the National Alliance for Care at Home.

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Hospice News

FEBRUARY 6, 2025

He was a hospital floor nurse for years and saw patients that had a real need for care when being discharged, so he and a few of his closest friends decided to engage in the post-acute space, as they had a real love for providing more care in 1-on-1 settings, Mauricio said. I met the owner, Alfred, and we connected very easily. About 17.4%

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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. rate cut from the U.S.

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Hospice News

FEBRUARY 24, 2023

The bonus program included a one-time retention payment that ranged from $2,000 to $15,000 per employee for nurses, nurse managers, home health aides and social workers. Since its implementation in July 2022, VITAS has bolstered its ranks with 275 newly hired licensed clinicians, including 103 during Q4, the company reported.

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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. Nurses also accounted for 16.97% of vacancies. Centers for Medicare & Medicaid Services (CMS) finalized its hospice Special Focus Program (SFP) in its 2024 home health rule.

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Hospice News

JULY 27, 2023

All told, VITAS Healthcare has recruited 784 workers since the bonus program’s launch a year ago, the majority of whom were nurses. In addition to nurses, the retention program also aimed to recruit admission nurses, nurse managers, home health aides and social workers. million compared to the first half of 2022.

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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). “For this year, but geographic variations exist.

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Hospice News

MARCH 23, 2023

On the patient side, Medicare beneficiaries face out-of-pocket costs when advance care planning is performed in any setting outside of an annual wellness visit. The 272 participants polled in the 2022 research included clinicians and administrators from 11 health systems nationwide, among other key stakeholders. Introduced by U.S.

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Hospice News

JANUARY 18, 2023

NASDAQ: AMED) is seeing glimmers of improvement on the labor pressures that contributed to uneven earnings performance during 2022. With broader demand for home nursing remaining robust, gains in clinician capacity should translate to incremental growth.”. Amedisys’ net service revenue rose to $558 million in Q3 2022, up from $533.5

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Hospice News

JANUARY 3, 2023

Rising expenses caused widespread margin compression among hospices during 2022, particularly those associated with wages and salaries, recruitment and retention, fuel and general inflation. “We’re Just think about it all the pharmacy needs, the nursing needs, the clergy needs, the supply needs, the equipment needs.

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Hospice News

MAY 4, 2022

Centers for Medicare & Medicaid Services (CMS) has reimbursed palliative care through a fee-for-service model that only covers physician and licensed independent practitioner services, rather than the full range of interdisciplinary care. Historically, the U.S. PalliCare has a two-fold approach within its care and business models.

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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. For starters, it adds another layer to the suite of services designed to help seniors age in place. As of 2019, the U.S.

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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. Nurses also accounted for 16.97% of vacancies. Often called the MA hospice carve-in , the four-year voluntary demonstration is designed to assess payer and provider performance within Medicare Advantage.

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Hospice News

OCTOBER 22, 2024

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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Hospice News

APRIL 27, 2023

VITAS hired 200 licensed clinicians during the first quarter of 2023, 60% of whom are nurses, the company reported. from the first quarter of 2022 but represents a 9.1% sequential improvement from Q4 2022. Its Q1 gross margin hit 22.5%, excluding the Medicare payment cap and costs of the hiring and retention bonus program.

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Hospice News

FEBRUARY 2, 2024

of hospice care days during 2022, according to the National Hospice and Palliative Care Organization (NHPCO). Continuous home care also requires that hospices have nursing staff available to provide this high-intensity, continuous, in-home care at all times,” Simmons told Hospice News in an email. This is down from 1.8%

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Hospice News

NOVEMBER 3, 2023

As hospices prepare for Medicare Advantage, more nonprofits are finding that creating partnerships or entering affiliations will better position themselves for payer negotiations. Nonprofit hospice affiliations have surged in 2022 and 2023. Centers for Medicare & Medicaid Services (CMS) recently extended the program to 2030.

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Hospice News

FEBRUARY 23, 2024

Contessa’s specialties are high-acuity care in the home, including hospital-at-home and skilled nursing facility-at-home programs. Around this time last year, the company also began contracting directly with Medicare Advantage payers, beginning with Blue Cross Blue Shield of Tennessee. million in 2022. million beneficiaries.

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Hospice News

NOVEMBER 8, 2022

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. We are on track to make significant improvement in the second half of 2022 and are positioned to produce strong results going into 2023.”.

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Hospice News

OCTOBER 8, 2024

Hospice utilization rates among Medicare descendents in Florida reached 55.97% in 2022, according to the National Hospice and Palliative Care Organization’s Facts and Figures report. Senior populations are projected to more than 30% of Florida’s population by 2045, reported the state’s Department of Elder Affairs.

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Hospice News

DECEMBER 4, 2023

Centers of Medicare & Medicaid Services (CMS), is contributing to the company’s optimism. Fueling the growth is an influx of new clinician hires, spurred by a bonus program the company offered between July 2022 and mid-2023. For VITAS in particular, increases in clinical capacity has fostered steady growth during 2023.

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Hospice News

SEPTEMBER 20, 2024

This is particularly true for people living in the nation’s 15,000-plus nursing homes. The grant, spread out over a five-year period, will be put toward the team’s creation of a national network structure that seeks to include more nursing home residents in clinical trials. According to July 2022 research from the U.S.

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Hospice News

OCTOBER 7, 2022

Hayden Jordan, director of palliative care for senior care provider PruittHealth Home, has been named a 2022 Future Leader by Hospice News. . The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. It gets kind of convoluted.

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Hospice News

JUNE 2, 2023

In 2021, more than 22,000 Medicare decedents elected hospice care in Kentucky. Centers for Medicare & Medicaid Services (CMS). Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries,” Cook told Hospice News in January. “A It currently serves six Kentucky counties.

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Hospice News

JANUARY 29, 2024

Fee-for-service Medicare, for example, only covers physician and licensed independent practitioner services and does not cover the full range of interdisciplinary palliative care. A number of industry groups and lawmakers have pushed for the establishment of a dedicated palliative care benefit within Medicare.

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Hospice News

SEPTEMBER 12, 2023

Medicare Advantage organization SCAN Group has invested an undisclosed dollar amount in tech-enabled hospice startup Guaranteed. 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.

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Hospice News

JUNE 11, 2024

North Dakota-based Hospice of the Red River Valley is focused on expanding its home- and community-based services among dual-eligible Medicare and Medicaid populations in need of greater support. The hospice in 2022 opened an 18-bed inpatient facility in North Dakota. Department of Health and Human Services.

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Hospice News

MAY 11, 2023

during the same period in 2022. Although 2022 was a difficult year for our home health and hospice segment, we firmly believe in this business and its long-term value proposition,” Ashar said in an earnings call. “We million increase from Q4 2022. NASDAQ: AVAH) home health and hospice margins. in Q1 from 48.7% dip to $56.1

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Hospice News

MAY 30, 2023

Aides in 2022 represented a large percentage of job vacancies in the hospice space at nearly 20%, according to research from Hospital & Healthcare Compensation Service (HCS) and the National Association of Home Care & Hospice (NAHC). Participants included hospice aides, social workers, nurses, clinicians, chaplains and other staff.

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Hospice News

NOVEMBER 8, 2023

AREX has been an Enhabit investor since it spun off from Encompass Health Corporation’s (NYSE: EHC) home health and hospice segments in July 2022. Enhabit hired 166 new home health nurses in Q3 in addition to 200 more the previous quarter – with additional growth on the horizon, Jacobsmeyer said.

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Hospice News

MAY 9, 2024

Macro headwinds such as uncertain regulatory developments and Medicare reimbursement policies, an evolving antitrust landscape, a difficult health care operating environment and persistently high interest rates were among the factors fueling Enhabit’s decision. “However, the company did not receive any formal proposals for a transaction.

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