Hospice News

JUNE 27, 2024

Recent evidence indicates that more of these providers are being enrolled in Medicare despite the U.S. Centers for Medicare & Medicaid Services’ (CMS) efforts to date on curbing fraud and abuse. The post Hospices’ 2024 Public Policy Priorities appeared first on Hospice News. The program began implementation on Jan.

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Hospice News

DECEMBER 8, 2023

Hospice providers will be looking to Congress in 2024 to address issues related to program integrity, quality improvement and industry-wide workforce pressures. This includes the revamping of the hospice survey process and the establishment of a Special Focus Program slated to begin in 2024, to name a few. Elected to the U.S.

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Hospice News

FEBRUARY 23, 2024

Amedisys (NASDAQ: AMED) is pushing forward on palliative care growth in 2024 through its innovation arm, Contessa. Expanding palliative care relationships and joint venture partnerships is a priority for 2024, the Louisiana-based home health and hospice provider indicated in a filing with the U.S. million beneficiaries.

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Hospice News

MAY 3, 2023

Federal regulators are cracking down on the private insurers that administer Medicare Advantage (MA) plans. Centers for Medicare & Medicaid Services (CMS) began giving plans more flexibility around the definition of “primarily health-related.” The rule included an increase to MA payment of 3.32% for 2024.

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Hospice News

DECEMBER 4, 2023

After the tumultuous years of the pandemic, VITAS Healthcare expects a stable growth trajectory heading into 2024. Though the company has not yet released financial guidance for 2024, VITAS anticipates a “predictable” 2024 in terms of earnings and growth, executives said at Monday’s Bank of America Healthcare Conference.

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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. The following are some potential buyers to watch in 2024. But the company is almost certainly not done in the acquisition game, and further activity is likely in 2024.

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Hospice News

JANUARY 29, 2024

Rising demand In 2024, demand will continue to rise, driven by a number of factors. Fee-for-service Medicare, for example, only covers physician and licensed independent practitioner services and does not cover the full range of interdisciplinary palliative care. But they do represent a glimmer of hope.

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Hospice News

NOVEMBER 2, 2023

The ability to monitor and educate staff on their roles and responsibilities in compliance will be a key for hospice sustainability and quality heading into 2024, Piland said at the National Hospice and Palliative Care Organization’s (NHPCO) Annual Leadership Conference in Little Rock, Arkansas. On Wednesday, the U.S.

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Hospice News

JANUARY 31, 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. We’re very well-poised going into 2024 to start executing on our growth strategy. How have things been progressing since then?

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Hospice News

JANUARY 11, 2024

Centers for Medicare & Medicaid Services (CMS) requires hospices to offer bereavement care for a minimum of 13 months following a patient’s death. The post Grief Care’s 2024 Outlook in Hospice appeared first on Hospice News. Grief’s care largest staffing gaps The U.S.

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Hospice News

DECEMBER 21, 2023

Recently, many of those efforts have included advocacy around program integrity within the Medicare Hospice Benefit. Today, they proposed a transitional board who will consider ratifying the organizations’ combination plan in early 2024. The post NAHC, NHPCO Name Transition Board to Guide 2024 Merger appeared first on Hospice News.

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Hospice News

MARCH 31, 2023

Centers for Medicare & Medicaid Services (CMS) late Friday released the 2024 proposed payment rule for hospice providers. The proposed FY 2024 rates for hospices that do not submit the required quality data would be updated by the proposed FY 2024 hospice payment update percentage of 2.8% The post CMS Proposes 2.8%

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Hospice News

OCTOBER 16, 2023

Centers for Medicare & Medicaid Services’ (CMS) updated risk adjustment policy could lead to tightened belts — or a golden opportunity — for palliative care providers in Medicare Advantage. patients is now reimbursed through risk-based models like Medicare Advantage and Accountable Care Organizations (ACOs).

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Hospice News

NOVEMBER 17, 2023

This year has brought both tumultuous challenges and evolving opportunities for hospices that will steer hospice leadership during 2024. Among them is an evolving conversation around potential changes to the Medicare Hospice Benefit, an increasing focus on equitable access and service diversification to engage patients further upstream.

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Hospice News

AUGUST 25, 2023

Centers for Medicare & Medicaid Services’ (CMS) 2024 updates to the Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH) model: care coordination, managing health equity-related risks and social determinants of health. Three principles are guiding the U.S.

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Hospice News

OCTOBER 9, 2023

Calls have grown louder for an overhauled design of the Medicare Hospice Benefit, but the path towards change is riddled with contrasting views over regulation, policy and payment structures. Part of the problem is that the [Medicare] Hospice Benefit is 40 plus years old.

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Hospice News

OCTOBER 3, 2023

Hospice News sat down with Marcantonio at NHPCO’s Annual Leadership Conference in Little Rock, Arkansas, to discuss the hospice industry’s priorities for the remainder of 2023 and into 2024. What else is top of mind for you as you’re looking ahead to 2024? But of course other priorities exist.

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Hospice News

FEBRUARY 9, 2024

You have better care outcomes,” Molosky said during the Hospice News 2024 Outlook Webinar. Watch (click here): Hospice News 2024 Outlook Webinar The hospice (and larger health care) workforce has been dwindling even as demand for care rises. Your turnover is less; you have to reinvest less frequently.

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Hospice News

OCTOBER 11, 2023

NYSE: HUM) CEO Bruce Broussard will step down in late 2024, with incoming COO and president Jim Rechtin on deck to succeed him. 8, 2024 and will take the helm following Broussard’s departure. Humana is the second-largest operator of Medicare Advantage plans, representing 18% of that market, according to the Kaiser Family Foundation.

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Rehab Realities by Renee Kinder

NOVEMBER 7, 2024

The Medicare Physician Fee Schedule (MPFS) is the system through which the Centers for Medicare & Medicaid Services determines payment rates for services provided by physicians and other healthcare professionals. This year’s Medicare Physician Fee Schedule rule was released last Friday (Nov.

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Hospice News

JANUARY 2, 2024

After a rocky year for M&A, two of the publicly traded hospice providers are poised to pursue more deals in 2024. Pennant on the hunt For Pennant, 2024 will likely see a continuation of recent activity. The post The Public Hospice Companies Most Likely to Acquire in 2024 appeared first on Hospice News.

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Hospice News

APRIL 3, 2023

The 2024 proposed hospice rule from the U.S. Centers for Medicare & Medicaid Services (CMS) signals the agency’s earliest response to widespread calls to bolster program integrity within the benefit. The post Program Integrity Takes Center Stage in CMS’ 2024 Proposed Hospice Rule appeared first on Hospice News.

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Hospice News

JULY 28, 2023

Centers for Medicare & Medicaid Services (CMS) is giving hospices a 3.1% increase to their per diem payments for 2024, according to a final rule published Friday. payment boost the agency initially proposed for 2024 hospice payments back in March. The finalized rule also raises the aggregate payment cap to $33,494.01

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Hospice News

JANUARY 31, 2024

Palliative care, pediatric end-of-life care and end-of-life doula (EOLD) services are top of mind for hospices that are diversifying their services in 2024. About 3% of respondents indicated plans to start offering PACE programs, while 1% are stepping into home-based pediatric hospice services in 2024.

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Hospice News

DECEMBER 6, 2023

Palliative care’s continued expansion Palliative care leaders expect continued growth in 2024, driven by the proliferation of value-based payment models, greater recognition of these services’ quality improvement and cost savings potential. In addition to the expansion of existing programs, more are cropping up.

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Hospice News

MAY 31, 2023

Centers for Medicare & Medicaid Services (CMS) to reconsider the proposed 2.8% base rate increase for 2024. The post Hospice Providers, Industry Groups: CMS Should Increase 2024 Hospice Base Rate by Nearly 4% appeared first on Hospice News.

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NHPCO

MARCH 5, 2024

For Immediate Release March 4, 2024 (Alexandria, VA) – The National Hospice and Palliative Care Organization (NHPCO) responded to today’s announcement from the Centers for Medicare & Medicaid Services (CMS) that as of December 31, 2024, the hospice benefit component of the Value-Based Insurance Design (VBID) Model will conclude.

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Hospice News

NOVEMBER 8, 2024

The company is a value-based organization that partners with primary care physicians nationwide to jointly take on the total cost and quality of care for their senior patients through Medicare Advantage or the the U.S. Net loss was $118 million in the third quarter of 2024 compared to a net loss of $31 million in the third quarter 2023.

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Chicago Caregiving

JULY 6, 2024

A guide to enrollment and supplemental coverage for health insurance after age 65 Fact checked by Derick Wilder Part of the beauty of turning 65 is you get to enroll in Medicare — no more worrying about staying employed to get health insurance or paying high rates for private coverage. Navigating Medicare can feel overwhelming,” she says.

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NHPCO

SEPTEMBER 10, 2024

The findings in this report reflect patients who received care in Calendar Year (CY) 2022, or Fiscal Year (FY) 2022, provided by hospices certified by the Centers for Medicare and Medicaid Services (CMS) and reimbursed under the Medicare Hospice Benefit. Of all Medicare decedents in CY 2022, 49.1% With 49.1%

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Hospice News

NOVEMBER 14, 2023

Investment trends in the hospice industry have meandered in recent years, impacting providers’ approaches to growth in 2024. In total hospice care saves Medicare roughly $3.5 What M&A trends mean for 2024 Aside from rising payer interest, private equity buyers have increasingly stepped into the hospice space.

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Hospice News

NOVEMBER 11, 2024

Centers for Medicare & Medicaid Services (CMS) recently announced that its Medicare Shared Savings Program (MSSP) yielded more than $2.1 As of January 2024, roughly 480 ACOs are participating in MSSP, which include more than 608,000 clinicians who provide care to nearly 11 million Medicare beneficiaries.

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Hospice News

OCTOBER 4, 2023

Centers for Medicare & Medicaid Services (CMS) has proposed changes to the 2024 physician fee schedule (PFS) and other Medicare Part B payment policies. The annual Physician Fee Schedule includes updates on what services will be included and paid for by Medicare Part B.

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Chicago Caregiving

JANUARY 3, 2024

While there was no charge to my mother, there was a multi-thousand dollar charge to Medicare for something my mother never needed nor experienced. I called her insurance company, which transferred me to Medicare. Medicare investigators would first confirm my allegations and then try to recoup the funds that it had paid out.

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Hospice News

JULY 30, 2024

Centers for Medicare & Medicaid Services (CMS) has unveiled its final 2025 hospice rule, which includes a 2.9% The increase represents an estimated $790 million rise in total hospice payments compared to Fiscal Year (FY) 2024. increase in per diem payments alongside new quality reporting measures. It is also higher than the 2.6%

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Hospice News

OCTOBER 10, 2024

Two individuals in California have been arrested for their roles in a $54 million scheme to defraud Medicare for hospice and diagnostic testing. From March 2019 to August 2024, these companies allegedly submitted more than $54 million in fraudulent claims to Medicare for services that were never provided and not needed.

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Hospice News

JUNE 7, 2024

Centers for Medicare & Medicaid Services (CMS) has updated its guidance on the recently implemented hospice certifying physician Medicare enrollment requirement. The regulations stipulate that the attending physician must only certify a patient’s terminal illness for the initial hospice Medicare benefit period.

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