Hospice News

OCTOBER 20, 2022

SCAN Health Plan is among the Medicare Advantage (MA) payers entering the hospice component of the value-based insurance design (VBID) payment demonstration in 2023. Geographically, the program will be available in 806 counties in 24 states in 2023, up from 461 this year. Hospice VBID enters its third year in 2023.

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Hospice News

JANUARY 31, 2025

The locally- and veteran-owned hospice provider saw its first patient in 2023, and has met the challenges of rural hospice care delivery with both resilience and adaptability, according to Michael Brown, co-founder of Headwaters.

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Hospice News

MAY 30, 2023

“We envision a large network of not-for-profit, community-based hospice providers working collaboratively to create standards for what a community should expect from an end-of-life care provider.” The Capital Caring affiliation extended the system’s footprint to Maryland and the Washington, D.C.,

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Hospice News

MAY 15, 2023

Generally, these buyers see a promising return on investment and sustainable business growth because of rising demand for end-of-life care in the United States. The post The Key Factors Shaping Hospice Multiples in 2023 appeared first on Hospice News.

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Hospice News

MARCH 20, 2023

In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. The below comments were taken from original interviews, conducted in person and via the phone, throughout early 2023. Hospices are blazing trails toward growth, each provider with its own range of strategies.

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Hospice News

MARCH 14, 2025

Rising demand for end-of-life care is pushing hospice growth opportunities to the forefront in value-based reimbursement. Swelling aging populations have fueled rising health care costs across the country, with payers and providers alike seeking ways to ensure affordable access and sustainable services.

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Hospice News

SEPTEMBER 12, 2022

Centers for Medicare & Medicaid Services (CMS) in 2023 will phase out dual-eligibility special needs look-alike plans within Medicare Advantage. This can include payment for long-term care or some services provided in assisted living facilities. “But Of those, about 3.8

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Hospice News

JANUARY 23, 2025

We actually finished an acquisition at the end of 2023 of Easterseals-Goodwill Northern Rocky Mountain Inc. When we find the right combination of the right person to fit with Stillwater culture and who believes in end-of-life care, thats gold. No other hospice care provider is offering vehicles where we are.

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Hospice News

JANUARY 9, 2025

As the nations leading provider of end-of-life care, VITAS has had the privilege of serving Fort Worth for 37 years, Dengler said in a statement shared with Hospice News. Located in Owatonna, Minnesota, the Homestead Hospice House was built in 2005 and closed in 2023.

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Hospice News

JUNE 14, 2023

A growing number of patients with various dementia-related conditions will need end-of-life care in coming years. About 1 in 9 seniors will have a dementia-related condition by 2050, representing roughly three-quarters (73%) of the nation’s overall aging population, according to a 2023 report from the Alzheimer’s Association.

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Hospice News

JANUARY 12, 2024

“A rate freeze would interfere with the progress made through hospice wherein highly patient-centered care, controlled by the patient at the most important point of an individual’s life, offers Medicare with significant financial savings while providing incredible end-of-life care.” set in 2023.

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Hospice News

NOVEMBER 22, 2023

“Rural communities often encounter numerous obstacles in accessing high-quality end-of-life care as they struggle with scarce resources, geographical barriers and a shortage of experienced professionals,” Bartness said in a statement. The company has been on a growth trajectory in 2023. ” St.

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Hospice News

AUGUST 19, 2024

“With our relationships, our organization, our clinical model when it comes to the care delivery, we can grow organically and make that our focus.” Bristol in 2023 opened a double-digit number of new offices and has plans to do the same this year, Mauricio said. Mauricio took the helm at Bristol in February 2023.

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Hospice News

APRIL 17, 2024

“The addition of HomeCare Hospice to our network will allow us to better serve our community and meet the growing needs of patients in need of compassionate end-of-life care.” By 2023, the bureau estimates that more than a quarter of the state’s residents will be older than 60, an increase of close to 40% since 2012.

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Hospice News

JULY 12, 2024

In fiscal year 2023, over $1.2 This week, the Congress member received an award from the end-of-life care advocacy group Compassion & Choices recognizing his work in the space during his 30-year tenure in hospice.

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Hospice News

APRIL 23, 2024

Farrah Daly, owner and founder of Evenbeam Neuropalliative Care LLC, told Palliative Care News that the current demand for neuropalliative care is “just the tip of the iceberg.” “So So many people with neurologic illness become distanced from the health care system,” Daly said.

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Hospice News

JUNE 25, 2024

compared to $335 million in Q1 2023, but experienced a net loss of $46 million, up from a $22 million loss in the first quarter of 2023. “NPHI firmly believes that not-for-profit, community-based end-of-life care providers deliver the highest-quality care in the nation.

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Hospice News

MAY 18, 2023

Hospices should apply a wide and varied lens when examining the populations in greatest need of end-of-life care, Garrett indicated. Some may be flying under hospices’ radar, she said at the Hospice News Palliative Care Conference in Washington D.C. Hospice News photo.) There are a lot of different levels of underserved.”

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Hospice News

SEPTEMBER 26, 2024

A mounting concern is that fraudsters stepping into the hospice industry have been implementing marketing and outreach practices that at times mirror strategies utilized by quality providers, according to Jeanne Chirico, president and CEO of the Hospice & Palliative Care Association of New York State (HPCANYS).

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Hospice News

JANUARY 3, 2024

The bipartisan legislation was introduced in December 2023 by Sens. The bill builds upon the Medicare Access and CHIP Reauthorization Act (MACRA) of 2015, designed to speed transitions to patient-centered, value-based care. There’s a lot of quality improvement in care that can be had from end-of-life care,” Pittman said.

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Hospice News

JULY 26, 2022

Work on the campaign will begin after the law becomes effective in early 2023. At 30%, the Empire State ranked 50th in utilization among the states and the District of Columbia in 2018, according to the National Hospice and Palliative Care Organization.

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Hospice News

SEPTEMBER 4, 2024

billion in the same period in 2023. NPHI firmly believes that not-for-profit, community-based end-of-life care providers deliver the highest-quality care in the nation. Securities and Exchange Commission, with a $1 billion IPO. The company’s net revenue reached $2.7

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Hospice News

NOVEMBER 11, 2022

Demographics are pushing up demand for end-of-life care amid long-standing staffing shortages in hospice. Some hospices have been unable to sufficiently fill their ranks to keep up with that demand for care, resulting in them either temporarily limiting new patients or completely ending services.

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Hospice News

JUNE 10, 2024

2023, as well as similar arrangements with other providers. Demographics are driving a need for serious illness and end-of-life care in Ohio. The company also operates a JV with Ascension Health branded as Ascension at Home that expanded in Oct. This is a rise from 17.8% currently, according to the U.S.

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Hospice News

APRIL 11, 2025

Calvert Hospice and Hospice of Charles County in 2023 unified under the organizations current brand. The nonprofit hospice offers bereavement care, caregiver resources and supportive care for pediatric populations. Prior to that, Posega held her current role at AccentCare from May 2020 through February 2023.

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Hospice News

JULY 28, 2023

That will translate to a $780 million bump to hospice payments next year compared to Fiscal Year 2023, according to CMS. set in 2023. The final rule includes considerations around health equity measures, hospice ownership and spending patterns around unrelated end-of-life care services, CMS stated.

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Hospice News

SEPTEMBER 30, 2022

Like hospice, the nation’s palliative care market is also anticipated to boom in coming years. Palliative care is among the next market areas to hit substantial growth, according to BofA research. palliative care market will reach $78.50 billion by 2023, a climb from $49.42 Forces pushing markets ahead.

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Hospice News

OCTOBER 16, 2024

“It became clear to us that we needed to offer an option for our patients and their families, a place where they can access respite care,” she said. Additionally, many families struggle to find appropriate end-of-life care in a setting that feels like home. million in 2023, a rise from $5.33

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Hospice News

JUNE 29, 2023

This year, the company has been weighting its deal pipeline more towards home health and personal care with less of a focus on standalone hospice companies, due to high valuations in the space. “In

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Hospice News

APRIL 11, 2024

“The personalized care provided by PACE could be the solution many older adults and their families are looking for. Hosparus Health in January 2023 applied for licensure , recently receiving a greenlight from the U.S. More than 30 interdisciplinary staff members provide care at the 5,600 square feet facility.

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Hospice News

NOVEMBER 16, 2022

(NYSE: HCA) and the University of Central Florida (UCF) recently added a new graduate fellowship in hospice and palliative care medicine to their existing repertoire of training programs. The fellowship will launch in July 2023 at HCA Florida Osceola Hospital, the Orlando VA Medical Center and Chemed Corp.

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Hospice News

DECEMBER 15, 2022

“As home and community-based medicine continues to garner steam in the national landscape, the ability for organizations like Chapters Health System and Hope Healthcare to continue being front and center in redesigning end-of-life care is paramount,” the two CEOs told Hospice News in a joint email.

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Hospice News

FEBRUARY 1, 2024

Parsons will also head its PACE program, Blue Ridge Independence at Home, as well as Blue Ridge Palliative Care Services. He previously served as chief strategy officer at the hospice organization since April 2023. He hails from Capital Caring Health, where he was vice president of public affairs and philanthropy.

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Hospice News

DECEMBER 5, 2022

CommCare’s purchase of Notre Dame’s home health and hospice operations marks the transaction of this divestiture Its nursing home services are next in line as part of a separate deal set to close in 2023. Demographics are a driving force behind rising demand for aging and serious illness care in the Bayou State.

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Hospice News

FEBRUARY 12, 2024

The following year, the insurance giant divested Kindred’s hospice and personal care segments, selling a 60% stake to the private equity firm Clayton, Dubilier and Rice (CDR) for $2.8 CDR later rebranded the company as Gentiva. Palliative can sometimes help bridge that gap that actually exists.

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Hospice News

JULY 13, 2023

“Hospice is associated with lower Medicare end-of-life expenditures when hospice lengths of stay are longer than 10 days,” an NHPCO representative told Hospice News in an email. “In Recent data has found that seriously ill patients receiving palliative care services are more likely to choose hospice at the end of life.

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Hospice News

MARCH 15, 2024

The recommendation to curb hospice spending comes after a March 2023 study that found that hospice care generates roughly $3.5 billion in Medicare savings for patients in the last year of life, a 3.1% For the first time in years, MedPAC did not call for any changes to the payment cap.

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