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Montana-headquartered Stillwater Hospice has found a successful rhythm to strategic rural-based growth and sustainability. Launched in 2017, the hospicecompany serves predominantly rural-based populations in Montana, northern Wyoming and South Dakota. No other hospicecare provider is offering vehicles where we are.
As the nations leading provider of end-of-lifecare, VITAS has had the privilege of serving Fort Worth for 37 years, Dengler said in a statement shared with Hospice News. VITAS operates 55 hospice programs in 15 states and has 11,679 employees.
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. In this story, Hospice News highlights the growth strategies of several providers.
This year, the company has been weighting its deal pipeline more towards home health and personal care with less of a focus on standalone hospicecompanies, due to high valuations in the space. “In
Rebranding a hospicecompany following a merger or acquisition is a more complex process than it may seem at first blush. While consolidation slowed in 2023, many industry observers expect a rebound in 2024, though perhaps not to the record-breaking levels seen in 2021.
The thing to watch for particularly in the hospice realm is oversight on claims, quality and performance — even to the point of dealing with fraud and abuse in the hospice benefit,” said NAHC President Bill Dombi during its recent 2023 Industry Outlook webinar. “We
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 hospicecompany, Marion indicated. This is down from 54% of respondents in 2023’s survey and 68% of 2022 respondents. NYSE: EHAB).
Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospicecompany raised this issue in earnings calls and presentations throughout the year. The post 5 Numbers that Shaped Hospice in 2022 appeared first on Hospice News.
The company operates 180 hospitals and roughly 2,300 sites of care and earned close to $16 billion in the first quarter of 2023. It’s propaganda filled with misleading and absurd accusations that are not supported by facts,” an HCA spokesperson told Hospice News in an email. This is not a serious report. s (NYSE: HUM) $5.7
Providers who manipulate the Medicare benefit solely to profit at the expense of their patients have no place in the hospice program,” said NPHI CEO Tom Koutsoumpas.
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