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The hospice industry is undergoing a transformative period of rising demand and regulatory changes. This is according to Scott Levy, chief government affairs officer at National Alliance for Care at Home (the Alliance). working hand-in-glove on policy issues with colleagues across the homehealth and hospice industries.
Though many expect a hospice M&A rebound in 2024, the scales are tipping in favor of homehealth companies among buyers. After 2023’s slump, PE firms have been sitting on more than $800 million in dry powder, according to data shared with Hospice News by The Braff Group. But additional data point to a resurgence.
Todays hospice landscape is reaching a pivotal point of evolutionary growth that has come with increased oversight as regulators seek to curb fraudulent activity in the space, according to Bill Dombi, senior counsel for the law firm Arnall Golden Gregory (AGG). What are the leading legal concerns facing hospice providers right now?
Hospice acquisition volumes and price tags have hit record highs for several years running. While a sizzling hospice market saw a cooled start this year, merger and acquisition activity is still outpacing other health care sectors. How has the hospice market been shaping up this year compared to others?
Regulators have been keeping an increasingly close watch on hospice providers, and this may intensify in 2023. Moving into next year, hospices have a spectrum of crucial issues on their plates. Hospice will have a lot going on in the regulatory space next year. What do hospices need to be focused on and ready for?
Currently, nine of the company’s locations are hospices, with more expected in the coming years. Hospice is a smaller part of what we have today, but we’re excited to make that a bigger part and bring hospice into our other operating states. My roots are in home care. “My My roots are in home care. NYSE: EHAB).
This article is based on a Hospice News discussion with Maria Warren, Vice President of Clinical Consulting at Netsmart that took place at the Hospice News Elevate Conference in Chicago. Hospice News: I am here with Maria Warren and we’re going to talk a little bit about technology and value-based care. Are you not?
Two Oregon locations included in Humana’s (NYSE: HUM) divestiture of Kindred at Home’shospice assets are currently under review by the state’s health authority — part of the diligence process involved in any M&A transaction. Oregon state legislators in 2021 passed a law to oversee health care consolidation in the state.
Let’s explore four things you can definitely love about ambulatory nursing. Reason #3: More Time with Patients Hospitals are definitely not places where bonding with patients over the long term is common. Relationships with patients and their families in homehealth and hospice may last weeks or months.
For Immediate Release December 21, 2023 The National Association for Home Care & Hospice (NAHC) and the National Hospice & Palliative Care Organization (NHPCO) jointly announced today that they have developed a proposed slate of Transition Board of Directors and officers for 2024. Lloyd, MSN, RN, Delaware Hospice, Inc.,
And my intention of opening up home care sales was to get more patients the care that they deserved, which is all of your care, all of your listeners care. And so today at home care sales, along with my business partner share with LTE, who’s an RN. And in came the DLN of the in in-home care division. Definitely.
She’s got a deep background in both homehealth and hospice, uh, from both a visiting nurse perspective, and then also management in both of those. So, uh, and now she currently is a colleague of ours at at Home Care Pulse, and, uh, is a, uh, nurse author. It’s, it’s very daunting.
Debbie Jonhston is a registered nurse who founded Viriginia-based Serenity First Hospice in 2021, inspired by the care her father recieved as he reached the end of his life. With the launch of Serenity First, Johnston transitioned from her career in homehealth and personal care. Hospice is different in the beginning.
And then I transitioned to clinical education first at the local level, and then at, at a corporate level for a, uh, national, uh, homehealth company. Well, for anyone who is around in homehealth in 1998, <laugh> Dinosaur years, um, Medicare did one of its reimbursement cuts.
This article is based on a Hospice News discussion with Jason Banks, vice president of post-acute business development at nVoq. This discussion took place on September 7, 2023 during the Hospice News ELEVATE Conference. Let’s just dig into what the problem is with that renewed focus on quality in hospice.
But what about the professional home care and hospice caregivers who create these amazing impact s on all of their patients and families. Grace had a private home care aide who later followed her to an assisted living, and Grace also received homehealth and hospice services as the storyline grew.
Michelle Cone ( 03:28 ): So, you know, at its most basic level, it really allows home care agencies to monitor and promote the quality of care that they provide to their clients with actual quantitative data. Laura Coyle ( 15:00 ): That definitely puts them at, at a higher risk. Michelle Cone ( 04:56 ): Absolutely.
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