Hospice News

MARCH 14, 2025

The Medicare Payment Advisory Commission (MedPAC) has recommended to Congress a freeze on hospice payment increases starting in 2026. In its annual report to Congress, MedPAC urged policymakers to eliminate hospice base-rate increases for 2026. The 2021 aggregated Medicare hospice margin was 10.4%, according to MedPAC.

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Hospice News

FEBRUARY 19, 2025

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.

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Hospice News

JANUARY 23, 2025

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. If youre a rural hospice, you may have higher reimbursement needs.

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Hospice News

FEBRUARY 28, 2025

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. Pennant is the holding company for a cluster of independent hospice, home health and senior living providers located across 13 states. increase over Q3 2023.

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Hospice News

MARCH 21, 2025

The hospice industry is undergoing a transformative period of rising demand and regulatory changes. Levy recently sat down with Hospice News to discuss the array of regulatory and legislative evolutions on the horizon in hospice care delivery. I was promoted chief government affairs officer in 2023.

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Hospice News

NOVEMBER 7, 2024

s (Nasdaq: AMED) hospice segment has seen headwinds impact admissions growth as the company awaits its pending acquisition by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. The company’s hospice segment revenue reached $207.9 Gross margin for the hospice segment fell slightly to 42.9% Amedisys Inc.’s year-over-year.

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Hospice News

DECEMBER 9, 2024

Hospice News explores the issues garnering growing attention in end-of-life care 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. billion acquisition of LHC Group in 2023.

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Hospice News

DECEMBER 10, 2024

NYSE: EHAB) is projecting strong hospice growth in the next year fueled in part by investments in technology and workforce development. The home health and hospice provider is in part leveraging technology to fuel its plans, Jacobsmeyer said during the Bank of Americas Securities 2024 Home Care Conference. Enhabit Inc.

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Hospice News

JULY 27, 2022

Centers for Medicare & Medicaid Services (CMS) will give hospices a 3.8% bump in their per diem payments for 2023, according to a final rule published today. The rule also increases the hospice aggregate cap for next year by a corresponding 3.8% The post CMS Final Rule Gives Hospice 3.8% to $32,486.92.

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Hospice News

FEBRUARY 7, 2025

Georgia-based Hospice Savannah Inc. Launched in 2023, the CAPABLE program aims to improve seniors ability to safely age in place. Relatively few CAPABLE programs exist in the Southeast, according to Kathleen Benton, president and CEO of Hospice Savannah. In order to expand our workforce, we also have to expand our network.

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Hospice News

JANUARY 31, 2025

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.

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Hospice News

DECEMBER 20, 2024

trillion in 2023, a new analysis by the U.S. This growth took place at a faster pace in 2023 than prior years. Total Medicare hospice spending accounted for $25.7 Total Medicare hospice spending accounted for $25.7 The health sectors share of the economy in 2023 was 17.6%, which was similar to its share of 17.4%

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Hospice News

DECEMBER 17, 2024

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.

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Hospice News

DECEMBER 12, 2023

Program integrity issues that have heated up in the hospice space during the past five years reached a boiling point in 2023. Hospice providers have seen an array of increased regulatory oversight in 2023. There is scrutiny on hospice care [that’s] setting the stage for the next phase of what hospice oversight looks like.

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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. More payers in this arena are increasingly recognizing the depth of potential beneficial outcomes when it comes to collaborative hospice partnerships. National hospice utilization rates reached 49.1%

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Hospice News

AUGUST 31, 2023

Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. But in 2023, private equity activity slowed from its formerly frenzied pace.

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Hospice News

FEBRUARY 11, 2025

Justice Department (DOJ) victory in its lawsuit to block UnitedHealth Groups (NYSE: UNH) acquisition of Amedisys is unlikely to have a cooling effect on hospice M&A, according to some experts. The UnitedHealth Group subsidiary Optum in June 2023 agreed to acquire Amedisys in a $3.3 billion deal.

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Hospice News

OCTOBER 28, 2024

You have an earlier conversion to hospice. return on investment by embedding palliative care clinicians in the ED, a 2023 study published in the Journal of Palliative Medicine found. The post Palliative Care in the ED Reduces Costs, Improves Patient Outcomes appeared first on Hospice News. Health systems can realize a 6.7%

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Hospice News

DECEMBER 12, 2024

Centers for Medicare & Medicaid Services (CMS) has not responded to congressional concerns about the hospice Special Focus Program (SFP). Set for 2025 implementation, the SFP promises to identify hospices delivering poor quality care and target them for improvement remedies. 2023, they and Reps.

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Hospice News

OCTOBER 30, 2024

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.

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Hospice News

NOVEMBER 11, 2024

billion net savings in 2023 — the largest amount in the program’s inception more than a decade ago, according to the agency. billion in shared savings payments during the program’s 2022 to 2023 performance year, the highest dollar amount thus far, CMS reported. ACOs participating in MSSP earned an estimated $3.1

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Hospice News

MARCH 11, 2025

Fleece was among several post-acute care leaders who appeared at the hearing, representing home health, hospice, skilled nursing facilities, rehabilitation hospitals and other stakeholders. Empath now serves 1 in 5 hospice patients in its home state, the company reported. House of Representatives Ways & Means Health Subcommittee.

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Hospice News

JANUARY 13, 2025

New executives have stepped into c-suite and other roles at some of the nations largest hospice organizations as 2025 kicks off. Johnson will oversee the work of Empaths several foundations Suncoast Hospice Foundation, Tidewell Foundation, Hospice of Marion County Foundation and Trustbridge Hospice Foundation.

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Hospice News

JANUARY 27, 2025

Chapters is one of the largest nonprofit hospice providers in the United States. In October of last year, four nonprofit hospices in the western United States affiliated with Chapters, expanding the Florida-based hospice and senior services provider to three new states California, Nevada and Oregon. for CNAs.

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Hospice News

MARCH 24, 2025

However, more stakeholders are applying the term to hospice and palliative care. And so it could be genomics, certainly, that’s very personal, McCleod told Hospice News. While genetic information can be useful in hospice and palliative care, patients rarely have that data. Another factor is timely admission to hospice.

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Hospice News

MARCH 19, 2025

The seed for Texas-based Pallicare was planted at a chance meeting at a 2021 conference between Jonathan Fluhart, a management professional with a background in aerospace, technology, and hospice industries, and nurse practitioner Tiffany Hughes. PalliCare, the partners also decided, would not rely on larger organizations.

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Hospice News

FEBRUARY 10, 2023

If you were to write a book about hospice in 2023, what would you call it? To help answer that question, Hospice News asked the CEOs of eight providers how they would title a book about the state of the field today. Croix Hospice, AccentCare, Chapters Health System, Alivia Care, Enhabit, Inc., Heath Bartness, CEO, St.

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Hospice News

MARCH 6, 2025

Enhabit opened five new hospice operations during 2024, building on seven that were established during 2022 and 2023. More de novos are likely on the way, a mix of home health and hospice, according to CEO Barbara Jacobsmeyer. The seven hospice locations launched in 2022 and 2023 generated $6.2 during 2025.

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Hospice News

MARCH 18, 2025

The company projected evolving hospice industry dynamics over the next year. Texas-headquartered Addus provides personal care, home health and hospice services in 23 states. Addus has taken a more conservative strategic approach, joining the pool of hospice providers scaling back on large purchases.

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Hospice News

MARCH 18, 2025

When considering transactions, the company seeks out often struggling companies in its existing or expanded markets that earn between $3 million and $10 million in revenue and sell at a multiple of 5x to 8x for hospice companies. The home health and hospice segment accounted for $135.7 increase over Q3 2023. million, up 28.9%

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Hospice News

NOVEMBER 7, 2024

The Pennant Group (Nasdaq: PNTG) has a “robust pipeline” of potential acquisitions in the wings for 2025 across its home health and hospice and senior living business segments. Pennant is the holding company for a cluster of independent hospice, home health and senior living providers located across 13 states. increase over Q3 2023.

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Hospice News

JANUARY 9, 2025

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.

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Hospice News

NOVEMBER 8, 2024

Net loss was $118 million in the third quarter of 2024 compared to a net loss of $31 million in the third quarter 2023. Medical margin showed a $58 million loss in Q3, compared to a positive $111 million in the third quarter of 2023. Nevertheless, agilon experienced growth when it comes to total revenue and patient membership.

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Hospice News

JANUARY 15, 2025

An estimated six hospice deals took place in Q3 of last year, with six home health and 11 home care also completed, Mertz Taggart reported. A total of 30 hospice transactions were completed in 2023, compared to 19 deals as of the end of 2024s third quarter, the report found.

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Hospice News

JANUARY 23, 2025

return on investment by embedding palliative care clinicians in the ED, a 2023 study published in the Journal of Palliative Medicine found. The researchers, from San Diego-based Scripps Health, also found that palliative consults increased 10x in the ED, contributing to increased hospice and palliative care clinic referrals.

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Hospice News

FEBRUARY 12, 2025

The JAMA study examined outcomes of 1,250 adults with advanced lung cancer receiving palliative care across 22 health care organizations in the United States from June 14, 2018 to May 4, 2023. The post Early Telepalliative Care Can Reduce Caregiver Burden, Improve Quality appeared first on Hospice News.

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Hospice News

DECEMBER 3, 2024

days at home during 2023. It reduces a lot of the wasteful spending inside of the health care system, and it sets us up for that kind of better interdisciplinary approach towards the end of life, where we can bring in hospice. They’re signing me now to hospice, and I’m going there to die.

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