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Hospices nationwide have been diversifying their services to include palliative care, PACE, home-based primary care and a host of other business lines. However, some organizations have found success with disease-specific programs reimbursed through the Medicare Hospice Benefit. Also in 2024, The Connecticut Hospice Inc.
Five hospice providers made Inc. magazine’s annual list of the 5,000 fastest-growing companies in the United States. . They include Texas-headquartered Traditions Health, Bridge Home Health & Hospice and Healthflex Home Health & Hospice, both in California. Bridge Home Health & Hospice crossing state lines.
hospice providers have the same problem — a workforce shortage — many seek to address it using unique solutions. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. Hospices, in turn, have taken new steps to gain or keep their staff, particularly clinicians. Though most U.S.
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.
Medicare Advantage organization SCAN Group has invested an undisclosed dollar amount in tech-enabled hospice startup Guaranteed. The move comes nearly a year after California-based Guaranteed launched in August 2022, when founder and CEO Jessica McGlory began her own provider company two years after her father passed away.
Nurse practitioner Raphael and registered nurse Britt Akobundu, a married couple, launched San Diego-based Blue Monarch Hospice this past March, with the intent of improving the quality of life for not only patients and families, but also health care workers. . As a nurse practitioner, what led you to begin a hospice program?
Since the company launched in 2020, Founder and CEO Alfonso Montiel had days when he feared Texas-based Silverstone Hospice would not survive. Silverstone came on the scene after Montiel’s purchase and rebranding of Comfort Care Hospice in the Dallas-Fort Worth region. Montiel came to hospice through a circuitous route.
Jay Duty, the newly appointed senior vice president and chief corporate development officer of Enhabit Home Health and Hospice (NYSE: EHAB), is spearheading the company’s ambitions for growth, including acquisitions and de novos. Earlier this month, it acquired Caring Hearts Hospice in Texas for an undisclosed amount. .
Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations and finance. Hospice utilization reached 51.7% The number of hospice care days also saw increases, as did average length of stay and average number of patient visits per week.
Deciding to begin hospice care can be hard. However, Shining light hospice care can help you, your family, and even your doctor. Of course, many patients are unsure how to speak with their doctor about hospice care. Of course, many patients are unsure how to speak with their doctor about hospice care. That’s incorrect.
(NYSE: CHE) has achieved the American Heart Association (AHA) Palliative/Hospice Heart Failure certification across all 15 states in which the company operates. VITAS is the first national hospicecompany to earn the AHA certification, though some local and regional hospices have done so.
Offering hospice can be a gamechanger for skilled nursing and assisted living operators looking to stand out from competitors and improve patient reach. Home-based care, including hospice, has become an increasingly attractive space for facility-based health care providers of all walks. Among the 1.6
More palliative care and hospicecompanies are developing programs to meet the specific concerns of these patients to improve access to care. That includes advanced communication skills, addressing nonphysical symptoms, care partners and caregiver burden.”
Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. It’s hard to say that you have proof.
Transcript: Hello, come on in and welcome to another episode of Living With Hospice. I share my insights and offer help to clarify issues revolving around anything and everything hospice with this podcast. But here's some typical emotions that I see in families when loved ones are in hospice care when I go visit them.
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