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Hospices coast-to-coast have undergone leadership transitions, including changes in legal executives and a slew of newly appointed CEOs, among other roles in the industry. Texas-based New Day provides home health, hospice, palliative and personal care services across 31 locations in Illinois, Kansas, Missouri and in its home state.
Hospice leaders have lost sleep over workforce pressures plaguing the industry for several years running, a trend that is not anticipated to abate anytime soon. Staffing challenges were cited as the leading concern among 35% of 112 hospice professionals who participated in this years Outlook Survey by Hospice News and Homecare Homebase.
Hospice News explores the issues garnering growing attention in end-of-lifecare delivery in seven of this years hidden gem stories. Topics span trends related to program integrity, workforce development, health equity, service diversification and the keys to hospices growth strategies. Optum completed its $5.4
Montana-headquartered Stillwater Hospice has found a successful rhythm to strategic rural-based growth and sustainability. Launched in 2017, the hospice company serves predominantly rural-based populations in Montana, northern Wyoming and South Dakota. How have the challenges of rural care delivery evolved in recent years?
Montana-based Headwaters Hospice and Palliative Care LLC will soon unveil a new palliative care service line, set to launch later this year. The move comes as the hospice provider expands its reach across its home state. Right now we are providing hospice, but we are actively starting a palliative program.
These evolving regulations have hospices concerned that a lack of virtual access to their services could have significant impacts on quality and health disparities. Weve inherited a kind of accelerated movement toward a new normal during the pandemic, Fratkin told Hospice News.
Rising demand for end-of-lifecare is pushing hospice growth opportunities to the forefront in value-based reimbursement. More payers in this arena are increasingly recognizing the depth of potential beneficial outcomes when it comes to collaborative hospice partnerships. Details in the data trends The U.S.
Four nonprofit hospices have affiliated with Chapters Health System, expanding the Florida-based hospice and senior services provider to three new states. The agreement includes Hospice of East Bay and Hospice of Santa Cruz County in California, as well as Nathan Adelson Hospice in Las Vegas and Willamette Vital Health in Oregon.
Seeds of optimism are taking root among hospice providers that industry-wide labor pressures may improve this year. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others.
Hospice providers across the country have recently launched new inpatient facilities as 2025 unfolds. The new year may also bring closures of certain hospice programs. VITAS Opens 2 New Locations VITAS Healthcare on Wednesday announced the opening of its new inpatient hospice unit in Fort Worth, Texas. NYSE: CHE) subsidiary.
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. The four-year program — often called the Medicare Advantage hospice carve-in — launched Jan. Hospice VBID enters its third year in 2023.
Though nonprofit hospices now represent a smaller slice of the industry than in years past, they continue to care for more than half of patients in the United States who elect the benefit. The number of hospices operating nationwide rose to 5,3,58 in 2021, according to the Medicare Payment Advisory Commission.
Research trends can help hospice providers improve their understanding around the impacts of their services and where quality gaps may exist. Research on global and national levels can play an important role in the ability to understand issues around hospice utilization and disparities. Congress extended the flexibility through Dec.
A growing number of patients with various dementia-related conditions will need end-of-lifecare in coming years. Hospices preparing for rising demand are facing compliance challenges, as these patients often require longer hospice stays. A projected 12.7
Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5
Grasping the mix of objective and subjective forces fueling hospice valuations is key to maximizing a return on investment when considering a sale, according to dealmaking experts. Hospice valuations have remained high, partly due to an influx of new investors entering the space. Often, the “devil is in the details,” Garbon said.
These patient populations had less hospice access and utilization of pain medications such as opioids when approaching the end of life, researchers found. Black or Latino patients in socially vulnerable areas were less likely to utilize hospice than white patients, and there’s a compounding effect on end-of-life pain management.”
The agreement is expected to close in early 2023. This marks the third affiliation that Chapters announced or completed during 2022, following Cornerstone Hospice & Palliative Care early in the year and Hope Healthcare just last week. “In NPHI NPHI Capital Caring Health CEO Tom Koutsoumpas.
Legacy Hospice has acquired Mississippi-based HomeCare Hospice for an undisclosed sum. HomeCare Hospice operates four locations that cover most of its home state. 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. Census Bureau.
Julia Hospice & Palliative Refuels De Novo Plans Pennsylvania-based Julia Hospice & Palliative (JHPC) has reignited plans to launch a de novo after experiencing pandemic-related setbacks. Dubbed Julia House, the facility will provide inpatient hospice and serve as an outpatient palliative care clinic.
The Medicare Payment Advisory Commission (MedPAC) has voted to recommend a freeze on hospice payment increases starting in 2025. This recommendation is offered at a time when hospicecare costs have risen faster than any inflation update provided by CMS,” Dombi told Hospice News in an email. “A set in 2023.
BrightSpring Health Services (NASDAQ: BTSG) has penned a definitive agreement to acquire the assets of Haven Hospice in a $60 million deal. The transaction includes the purchase of two brands, North Central Florida Hospice, Inc. The nonprofit holds hospice certificates of need (CON) for hospicecare in 18 Florida counties. “We
Croix Hospice has expanded its Missouri footprint with a de novo in the Wildwood community. Favorable demographics are among the factors that make Missouri an attractive market for hospices. Croix Hospice often looks for markets in which hospice utilization is comparatively low, including historically underserved rural communities, St.
In 2023, some new laws will impact those at the end of life or the people caring for, or grieving, them. Hospice oversight. The state will begin taking license applications in January of 2023 for manufacturers to apply after a two-year study. Bereavement leave and caregiving. Photo: Alpay Tonga.
A group of Wisconsin-based organizations, including hospices, are working to improve end-of-lifecare among homeless populations. Dubbed Solace Home, the four-bed residential facility opened today and will provide end-of-life housing and caregiving for terminally ill individuals living in unstable or insecure situations.
The Medicare Advantage hospice carve-in has been the focus of much attention among providers, and many are watching closely for the demonstration’s outcomes. Centers for Medicare & Medicaid Services (CMS) launched the MCCM in 2016 to explore the idea of allowing hospice patients to receive concurrent curative care.
Bristol Hospice has opened four new locations within a single week in three different states. Bristol Hospice, which is backed by the private equity firm Webster Equity Partners, employs more than 3,000 staff in close to 80 locations across 18 states. Mauricio took the helm at Bristol in February 2023.
Today’s hospice executives are entering the field with change in mind for improved quality. But concerns have mounted around sustainable growth strategies that will keep pace with rising demand amid myriad challenges in end-of-lifecare delivery. Regulatory challenges are among hospice leaders’ most significant concerns.
The forthcoming HospiceCare Accountability, Reform and Enforcement (HospiceCARE) Act from U.S. Blumenauer announced the bill in June at the Hospice News Elevate conference in Washington D.C. Hospice News / Merz Photography Hospice News / Merz Photography Rep. Hospice News photo by Merz Photography.
Centers for Medicare & Medicaid Services (CMS) in 2023 will phase out dual-eligibility special needs look-alike plans within Medicare Advantage. Some hospice patients rely on these plans for other health needs, such as nursing home costs. Close to 12 million people in the United States qualify for both Medicare and Medicaid.
Fraudulent operators’ marketing strategies are morphing the competitive landscape, making it difficult for legitimate hospice providers to maintain visibility among patients and families. This makes it difficult for referrals, patients and their families to discern the best end-of-lifecare option.
Hospices are increasingly collaborating with community organizations to better address the end-of-life needs of the homeless population. The Denver-based nonprofit organization offers shelter for people with end-of-lifecare needs. Department of Housing and Urban Development (HUD).
The number of hospice volunteers plunged during the first two years of the pandemic, and many are still working to rebuild their ranks. Many hospices saw volunteer volumes dip drastically as they suspended activities during the pandemic. 11, 2023, but will likely be extended through at least April.
The film is based on director Laura Chinn’s personal experience as her brother Max received inpatient care at the Suncoast HospiceCare Center, an actual facility operated by the Florida-based nonprofit Empath Health. The Terry Schaivo story is not ours to tell, but many of those components affect end-of-lifecare every day.
BrightSpring Health Services (NASDAQ: BTSG) has completed its acquisition of the Florida-based nonprofit Haven Hospice for $60 million. The transaction includes the purchase of two brands, North Central Florida Hospice Inc. Haven holds hospice certificates of need (CON) for hospicecare in 18 Florida counties. “We
But defining the range of communities that specifically lack access to hospice and palliative care can be a moving target. Hospices should apply a wide and varied lens when examining the populations in greatest need of end-of-lifecare, Garrett indicated. Hospice News photo.)
Aging LGBTQ+ populations have few options for quality end-of-lifecare – particularly those in rural areas – and hospices are ramping up efforts to reach them. Access to hospice can be challenging for many seniors in remote or rural regions.
Sarah Bush Lincoln Opens New Hospice Illinois-based Sarah Bush Lincoln Hospice recently opened a new inpatient facility. Located in Mattoon, Illinois, the Willow Breeze Hospice House features eight patient rooms with private bathrooms. The hospice provider is part of the Sarah Bush Lincoln Health System, which opened in 1977.
Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. These markets are growing partly because of demographic trends and partly because of increasing acceptance of both palliative and hospice,” Tanquilut told Hospice News. “As billion by 2030, a rise from $34.5
Staffing issues have increasingly been at the root of leading causes behind shuttered hospice programs nationwide. Demographics are pushing up demand for end-of-lifecare amid long-standing staffing shortages in hospice. pay increase for hospicecare for Fiscal Year 2023.
The return of sequestration is adding to the financial storms brewing in hospice, as providers contend with rising costs of delivering patient care, inflation and lackluster reimbursement. Hospice and other health care providers are once again seeing their Medicare payments slashed by 2% across the board.
Kathy Hochul has signed a bill designed to expand awareness of advance care planning, hospice, and palliative care. The new law requires the New York State Department of Health to develop a public awareness campaign to promote advance care planning. That must change.”.
Colorado-based Emmaus Catholic Hospice has seen both staffing and census volumes swell since launching nearly a year ago. The organization began as a home health agency and added a hospice segment in 2022, according to Vicki Owens, CEO of Emmaus Catholic Hospice, DBA under the nonprofit Dominican Home Health Agency.
The Medicare Payment Advisory Commission (MedPAC) has recommended to Congress a freeze on hospice payment increases starting in 2025. In its annual report to Congress, MedPAC urged policymakers to eliminate hospice base-rate increases for 2025. The 2021 aggregated Medicare hospice margin was 13.3%, according to MedPAC.
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