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Elea Institute Seeks to ‘Reimagine’ the Medicare Hospice Benefit

Hospice News

The Chicago-based Elea Institute is seeking to improve public awareness of hospice and palliative care as well as convene discussions about ways to rethink the Medicare benefit. For example, the Medicare Hospice Benefit was initially designed in the 1970s and 80s to serve the needs of cancer patients.

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New Day Healthcare Acquires Good Samaritan Society’s Hospice Operations

Hospice News

Texas-based New Day Healthcare LLC has announced its acquisition of Good Samaritan Society’s hospice operations in its home state. The deal marks an important strategic move as New Day Healthcare ramps up M&A activity in the near future, according to CEO and Founder G. The financial terms of the deal were undisclosed.

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New Day Healthcare Acquires Patient Recovery Home Healthcare Services

Hospice News

The Texas-based home-based care provider New Day Healthcare has acquired the home health agency Patient Recovery Home Healthcare Services in Houston. Patient Recovery Home Healthcare has been in operation for 15 years and will not rebrand post-acquisition. Financial terms were undisclosed. Seniors 65 and older represent 13.8%

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New Day Healthcare Acquires Intrepid USA’s Missouri, Texas Hospice Assets

Hospice News

Texas-based New Day Healthcare LLC on Monday announced its acquisition of Intrepid USA’s hospice operations in Missouri and in its home state. New Day Healthcare has additional strategic growth plans in store once the acquisition completes, with more deals on the near horizon in coming months according to CEO and Founder G.

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New Day Healthcare Acquires Christian Senior Care Services

Hospice News

New Day Healthcare has acquired the home-based care company Christian Senior Care Services in Houston for an undisclosed sum. Scott Herman, CEO of New Day Healthcare, told Hospice News in an email. Hospice utilization among Medicare decedents 52.23% in Texas in 2022, reported the National Alliance for Care at Home.

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How Today’s Hospice Fraud Could Warp Tomorrow’s Reimbursement Outlook

Hospice News

Fraudsters misspend millions of Medicare dollars annually, though the actual hospice-specific amounts are difficult to determine, regulators previously told Hospice News. In the end, Medicare fraud costs taxpayers billions of dollars every year. Each dollar lost to fraud takes away resources intended for people with Medicare.”

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Saad Healthcare to Pay $3M False Claims Act Settlement

Hospice News

doing business as Saad Healthcare, has agreed to pay $3 million to settle alleged False Claims Act violations. The hospice was accused of knowingly submitting Medicare claims for patients who were not terminally ill. The post Saad Healthcare to Pay $3M False Claims Act Settlement appeared first on Hospice News.