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Leadership Transitions at 4 Hospice Providers

Hospice News

Former NAHC President Joins New Day Healthcare, Law Firm Bill Dombi has recently stepped into two new roles following his retirement as president of the National Association for Home Care & Hospice (NAHC). New Day Healthcare LLC announced that Dombi recently joined its board of advisors.

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CMS Final Rule Gives Hospice 3.8% Pay Raise for 2023

Hospice News

bump in their per diem payments for 2023, according to a final rule published today. In addition, the proposed rule starts the ball rolling on a web-based methodology for the Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey, which historically has been done on paper. the agency initially proposed for next year.

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The Pennant Group to Ramp Up Hospice, Home Health Transactions During 2025

Hospice News

Among those deals was The Pennant Groups acquisition of Signature Healthcare at Homes hospice and home health assets for a price tag of $80 million which closed in January. increase over Q3 2023. compared to the Q4 2023.Following The company also completed some senior living transactions. million, up 28.9% jump year-over-year.

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Pennant Group Gains New England Foothold with Hartford HealthCare Partnership

Hospice News

The Pennant Group (NASDAQ: PNTG) has inked a management and consulting services agreement with Hartford HealthCare at Home (HHCAH). HHCAH is the home health and hospice segment of the Hartford HealthCare integrated health system. Flaks, president and CEO of Hartford HealthCare, in a statement. “We raise compared to Q1 in 2023.

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CMS Unresponsive to Congressional SFP Concerns

Hospice News

2023, they and Reps. In their 2023 letter, the Congress members focused on four main concerns: The program would rely heavily on survey results, yet CMS has an extensive backlog for those inspections. Four members of Congress led by Reps. Beth Van Duyne (R-Texas) and Earl Blumenauer (D-Oregon) have called for changes to the SFP.

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The Most Significant Hospice Deals So Far in 2023

Hospice News

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. But in 2023, private equity activity slowed from its formerly frenzied pace. The majority of the 13 publicly announced hospice and home health deals in 2023 have involved “bolt-ons,” or smaller entities, Kulik stated.

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Addus Acquires Apple Home Healthcare

Hospice News

Addus HomeCare Corporation (NASDAQ: ADUS) has acquired Chicago-based Apple Home Healthcare, Ltd., The company’s acquisition focus for this year and into 2023 rests on targets primarily in the personal care and home health space, Allison indicated in a Q2 earnings call. for an undisclosed sum. Company-wide revenues reached $236.9