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Legacy Acquires HomeCare Hospice

Hospice News

Legacy Hospice has acquired Mississippi-based HomeCare Hospice for an undisclosed sum. HomeCare Hospice operates four locations that cover most of its home state. 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.”

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Key Research Trends: Long Hospice Stays, Palliative Care Save Medicare Dollars

Hospice News

Hospices’ cost-savings potential A study published in March revealed that hospice saved Medicare roughly $3.5 Centers for Medicare & Medicaid Services (CMS) has been zeroing in on long lengths of stay as a potential red flag, one that could suggest a hospice admitted someone who was not truly eligible.

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As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

This year brought the return of Medicare sequestration, and pandemic-driven disruption in referral streams are lingering. Another is the company-wide integration of Homecare Homebase at Aveanna Healthcare Holdings (NASDAQ: AVAH). Providers are seeing troubles on multiple fronts, as reflected in third quarter earnings reports.

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Addus CEO: Hospice Headwinds Starting to Abate

Hospice News

Addus Homecare Corp. Addus’ hospice admissions reached 3,472 patients during the first quarter of the year, up from 3,324 in Q1 2023. Centers for Medicare & Medicaid Services’ (CMS) temporary waiver of the requirement of a three-day hospitalization before a patient becomes eligible for a skilled nursing facility.

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Hospice Investors to Watch in 2024

Hospice News

Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. The company’s 2023 transactions contributed to a 24.3%

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How the 2023 Home Health Rule Could Change the Game in Hospice M&A

Hospice News

Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice. Centers for Medicare & Medicaid Services (CMS) in August proposed a 4.2% aggregate cut in the home health base rate, reported Hospice News sister publication Home Health Care News.

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Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. Pay Raise for 2023 (July 27). During late 2021 and 2022, the U.S. and Sterling Hospice Care, Inc. #8

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