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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.
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. SCAN Group, parent company of SCAN Health Plan, is the latest investor in the hospicecompany.
In case you missed it, Hospice News has launched a new specialty publication for palliative care professionals. You can subscribe to Palliative Care News here: Subscribe today! Frontpoint Health has completed its acquisition of the Texas-based home health and hospicecompany High Plains Senior Care Group (HPSC).
We know that hospicecare has demonstrated $3.5 billion in annual savings for Medicare, which underscores the critical importance of investing in hospice to ensure continued beneficiary access to quality end-of-lifecare.” Hospicecare saves Medicare roughly $3.5
Rebranding a hospicecompany following a merger or acquisition is a more complex process than it may seem at first blush. And although not all acquired companies rebrand, many do in order to create a unified identity or reflect a broader suite of services. Kudner has experienced this process firsthand.
.” – Richard Ashworth, incoming CEO, Amedisys (NASDAQ: AMED) Co-location of services A number of providers that already offer services beyond hospicecare — such as home health, palliative care, PACE or personal care, among others — seek to bring their business lines together in the same markets.
Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospicecompany, Marion indicated. Craig Dresang, CEO, YoloCares Signs of hospice workforce improvement have begun to emerge. NYSE: EHAB).
Hospice of the Midwest’s services within the Marshalltown community include assistance with medical equipment and medication order and delivery, developing patient care plans, providing home assessment consultations and a veteran honors program. has launched a new inpatient hospice facility.
For the third year in a row, Valeo is recognized as the top home health and hospicecompany in the greater Salt Lake area. Valeo Home Health and Hospice, LLC, was named Best of SLC Home Health and Hospicecompanies in the third annual Best of SLC awards.
Hospice News spoke with three hospice leaders about the disruption they expect to see in the industry as payers expand their roles as providers, including the CEO of a California nonprofit, the top executive from the largest U.S. hospicecompany by market share and the leader of a growing for-profit provider based in the Midwest.
The organizations penned a joint letter to CMS in November urging for increased oversight to help curb hospice frauds, including the National Association for Home Care & Hospice (NAHC), National Hospice and Palliative Care Organization (NHPCO), National Partnership for Healthcare and Hospice Innovation (NPHI) and LeadingAge.
Alivia Care emerged in 2020 when Community Hospice & Palliative Care, now an affiliate, formed a larger company with a wider range of services. Providing end-of-lifecare in a state without CON policies in place can bring its own challenges, according to Eddie Belluomini, COO of 1Care Hospice & 1Care Kids.
“If you think about how they’ve taken on strains in their capacity, these post-acute services – home health and hospice – they can get patients out of very expensive settings,” Klementz told Hospice News at the Home Care 100 Conference. They rolled out the program across roughly 75% of its mid-Atlantic facilities.
Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospicecompany raised this issue in earnings calls and presentations throughout the year. The post 5 Numbers that Shaped Hospice in 2022 appeared first on Hospice News.
Large payers have also jumped into the home-based care bandwagon. billion acquisition of the home health and hospicecompany LHC Group. This has prompted payers, providers and policymakers to take a closer look at lower-cost care settings, including the home. “I told Hospice News. This followed Humana Inc.’s
Providers who manipulate the Medicare benefit solely to profit at the expense of their patients have no place in the hospice program,” said NPHI CEO Tom Koutsoumpas.
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