Hospice News

NOVEMBER 4, 2022

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

NOVEMBER 2, 2022

As the dust settles from its divestiture of Kindred at Home’s hospice and personal care segments, Humana Inc. NYSE: HUM) seeks to further expand into value-based care as both a provider and a payer. We remain confident that the investments we made to support 2023 growth have positioned us well,” Diamond said.

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Hospice News

JANUARY 19, 2024

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. This followed its $5.4 NYSE: HUM) for $2.8

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Hospice News

DECEMBER 9, 2024

Among the most significant dealmakers in the hospice space this year was Optum, subsidiary of the insurance and health care giant UnitedHealth Group (NYSE: UNH). billion acquisition of LHC Group in 2023. billion, swooping in after Option Care Health (Nasdaq: OPCH) agreed to buy the company. Optum completed its $5.4

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Hospice News

FEBRUARY 28, 2023

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. Addus anticipates positive staffing trends to continue in 2023, partly fed by the company’s recruitment efforts, Addus CEO Dirk Allison said in an earnings call. This represented 20.5%

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Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. for an undisclosed sum. Company-wide revenues reached $236.9

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Hospice News

MAY 24, 2024

The nation’s publicly traded hospice companies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. raise compared to Q1 in 2023. for an undisclosed amount.

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Hospice News

DECEMBER 19, 2022

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. These trends in value-based care have even influenced the M&A market. Pay Raise for 2023 (July 27).

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Hospice News

JULY 24, 2023

The organization includes a network of 13 hospitals, 2,600 physicians, a health plan, 400 skilled nursing and rehabilitation centers, memory care communities and outpatient rehabilitation clinics. billion divestiture of Kindred at Home’s hospice and personal care segments. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

APRIL 28, 2023

Home health value-based purchasing Home health providers have two primary inroads to value-based care — HHVBP and Medicare Advantage. Centers for Medicare & Medicaid Services (CMS) kicked off the HHVBP demonstration on Jan. I’m concerned that the hospice industry writ large is not looking at this.

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Hospice News

DECEMBER 12, 2022

These interesting, unusual or groundbreaking deals could signal what’s to come in 2023 and help shape the hospice market’s long-term future. The transaction, now expected to close in the first quarter of 2023, also marked one of the most unexpected and expensive deals to take place in the hospice sector. Optum to pick up LHC Group.

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Hospice News

DECEMBER 21, 2023

The National Association for Home Care and Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) floated the possibility of a combination in March in light of their existing, highly collaborative working relationship. Of those, 922 of those members are providers, an NHPCO spokesperson told Hospice News.

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Hospice News

APRIL 11, 2024

PACE Center, we embark on a new chapter to revolutionize health care accessibility and enhance the quality of life in the communities we serve,” Cook said in an announcement. The personalized care provided by PACE could be the solution many older adults and their families are looking for.

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Hospice News

JANUARY 25, 2023

AccentCare has been building such partnerships for years, but in 2023 they have become a rising priority. Dallas-headquartered AccentCare is a portfolio company of the private equity firm Advent International, offering hospice, palliative care, personal care, non-medical services, home health, care management and high-acuity home care.

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Hospice News

AUGUST 1, 2023

All told, Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states. Allison attributed the decline primarily to the return of Medicare sequestration. By 2030, 28% of the state’s population will be 60 or older, according to the U.S. Census Bureau.

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Hospice News

DECEMBER 6, 2022

“We think it’s transformative,” Kusserow said Tuesday at the Bank of America Securities Home Care Conference, referring to Contessa. After previously leading Amedisys’ turnaround, Kusserow is once again being asked to bring stabilization, growth and profitability to the hospice, home health and personal care giant as CEO.

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Hospice News

OCTOBER 14, 2022

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. As of 2019, the U.S.

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Hospice News

MAY 11, 2023

“We have an established home health and hospice platform poised for growth focused on delivering value through sound operational management, and delivering excellence in patient care. We expect to see some sequential improvement throughout 2023 as our direct and indirect cost initiatives take hold.” We’re still in a slugfest.

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Hospice News

JANUARY 16, 2024

The skyrocketing increase in Medicare Advantage enrollees hit our home health business, causing costly, deeper disruptions. All home-based care business lines seemed to be under attack. Our personal care business continues to expand in Texas where we did a de novo that’s very successful. Their interest went up.

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Hospice News

JANUARY 2, 2025

Texas-based New Day offers hospice, home health and personal care through several brands. These firms have been prevalent buyers in the hospice space for several years, though many took a step back in 2023 and 2024. The reality is this is a slow process thats due to heavy compliance and dependency on strong relationships.

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Hospice News

JULY 8, 2022

Centers for Medicare & Medicaid Services (CMS) to remain intact. These include 1135 waivers of certain hospice rules that permitted use of telehealth to fulfill requirements typically done in person, such as recertification by physicians and patient visits. A continued federally declared emergency allows flexibilities by the U.S.

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Hospice News

SEPTEMBER 7, 2023

The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. NASDAQ: AMED) has been named a 2023 Future Leader by Hospice News. Health care is local. To see this year’s Future Leaders, visit [link].

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Hospice News

NOVEMBER 2, 2023

This article is based on a Hospice News discussion with Daniel Schwartz, Chief Strategy Officer at Elara Caring, Devin Woodley, VP of Managed Care Contracting and B2B Sales at VNS Health, Gavin Baumgardner, VP and National Medical Director for Complex and Palliative care at Amedisys, and Anthony Spano, Director of Client Development at Netsmart.

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Hospice News

JULY 11, 2023

I have channeled my passion for working with underserved communities, beginning as a licensed social worker for a large hospital system, where I experienced firsthand the disparities in healthcare access and limitations in delivering whole-person care. Editor’s Note: This article has been edited for length and clarity.

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Traditions Health

MARCH 18, 2024

In fact, according to the Centers for Medicare and Medicaid , one in five elderly patients are readmitted to the hospital within 30 days of discharge. How the Readmit Rescue program works “Introduced at Traditions Health in 2023, Readmit Rescue was born out of a need for short-term home health services,” Pervel adds.

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Rehab Realities by Renee Kinder

APRIL 11, 2024

Embracing these differences across patients and across interdisciplinary team members allows us to enrich the therapeutic process, fostering inclusivity and promoting personalized care tailored to each resident’s specific goals and preferences. For this, I am forever grateful.

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Nurse.com

APRIL 22, 2023

Marie Wilson, RN Communicating with professionals in various healthcare roles — such as personal care assistants, patient care technicians, and certified nursing assistants — was a necessity to ensure the latest information was available to anyone caring for patients.

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Hospice News

MARCH 20, 2023

In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. The below comments were taken from original interviews, conducted in person and via the phone, throughout early 2023. In this story, Hospice News highlights the growth strategies of several providers.

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Home Care Pulse

JUNE 27, 2023

I was working in home Health back when it was first introduced back in 2010, as a way for c m s to not only create structured penalties for hospitals with excessive readmissions, but also to reward and incentivize those providers for effective care coordination and collaboration with post-acute providers across the care continuum.

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Home Care Pulse

OCTOBER 25, 2022

<Affirmative> And, you know, that’s not the, the, the going thought when you talk about home health aides or personal care aids or certified nursing assistant, certified nursing assistant gets a little bit of a bump mm-hmm. <Affirmative>

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Hospice News

AUGUST 29, 2022

We want to make sure that access to this care continues at the forefront, and that people with serious and terminal illnesses are getting their needs met. We know about 50% of all Medicare beneficiaries who are eligible for hospice care receive it. One is that the the reimbursement for hospice care in the [U.S.

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Home Care Pulse

OCTOBER 25, 2022

<Affirmative> And, you know, that’s not the, the, the going thought when you talk about home health aides or personal care aids or certified nursing assistant, certified nursing assistant gets a little bit of a bump mm-hmm. <Affirmative>

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Hospice News

DECEMBER 5, 2023

A rich mix of hospice merger and acquisition (M&A) activity at the end of 2023 is fueling trends into next year. UnitedHealth Group is the largest operator of Medicare Advantage plans in the country. The deal trumped a previous offer to purchase Amedisys by the home infusion company Option Care Health (NASDAQ: OPCH) for $3.6

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GeriPal

APRIL 20, 2023

One of the worst ways is you have a community of people who’ve paid into Social Security their whole life, paid into to support Medicare their whole life, and don’t live long enough to see the fruits of that. They might need a couple hours a day of personal care. They need their units to be accessible.

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