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Hospice providers, along with the rest of health care, are increasingly relying on technology for clinical and business operations, with artificial intelligence among the most common investments. However, careful implementation is necessary to effectively use these systems.
Hospice News explores the issues garnering growing attention in end-of-life care delivery in seven of this years hidden gem stories. Topics span trends related to program integrity, workforce development, health equity, service diversification and the keys to hospices growth strategies. Optum completed its $5.4
The Indiana-based palliative care provider Center for HospiceCare (CHC) is looking beyond its immediate community and has developed networks that impact palliative care on a global scale. The organization became an affiliate of the Indiana-based provider Center for HospiceCare in 2017.
Several hospice and health care organizations have appointed new leaders to take the helm during a time of growing demand nationwide. He oversaw its daily operations as Calvary integrated services with parent organization ArchCare, the health care ministry of the Archdiocese of New York.
When hospice providers are being investigated not just by CMS but the FBI, the stakes for compliance are higher than ever. In May of 2024, the federal law enforcement agency placed its spotlight on the rising number of complaints about hospice fraud, in which hospices participate in signing up seniors for care without the seniors’ knowledge.
This article is sponsored by Homecare Homebase (HCHB). In this Voices interview, Hospice News sits down with Donnette Threats, Director, Product Management – Hospice, Homecare Homebase, to explore the importance of bringing insights from the field into software development. What led you to the software space?
Recent years have seen an uptick in consolidation activity among nonprofits in the hospice space. Reimbursement rules and oversight rules and compliance rules, this is bringing to the forefront just the challenge of successfully operating in this marketplace on a sustained basis,” Kulik told Hospice News. “It’s
Traditions Health Names SVP of Hospice Operations Traditions Health has appointed Tom Moreland as its new senior vice president of hospice operations. Franklin, Tennessee-headquartered Traditions provides hospice, home health and palliative care as well as consulting services across 18 states.
A few hospice executives have recently announced their retirement as new leaders step forward at a number of organizations. Addus president, COO retires Addus HomeCare Corporation (Nasdaq: ADUS) President and COO Brad Bickham recently announced his retirement, effective March 2026.
Hospice reimbursement trends influence palliative care payment and delivery. Among the significant changes coming this year is the end of the hospice component of the value-based insurance design (VBID) model, as of Dec. Alivia Supportive Care launched in 2020 as the nonprofit’s home-based palliative care service line.
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. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. This followed its $5.4 NYSE: HUM) for $2.8
Hospices are increasingly eying palliative care as a promising growth opportunity, prioritizing expansion in that field over other health care service lines. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others.
Niagara Hospice CEO Retires Lockport, N.Y.-based based Niagara Hospice will soon have a new president and CEO with the upcoming retirement of John Lomeo, who has led the organization since 2000. Niagara Hospice is part of The Hospice and Palliative Care Group (HPCG), an organization that provides administrative services.
Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to the hospice industry?
Guaranteed’s New SVP of Growth, Strategy Tech-enabled hospice startup Guaranteed has named Ryan Malone as its new senior vice president of growth and strategy. Its technology platform connects patients and family members to palliative and hospice nurses, social workers, spiritual coordinators and other interdisciplinary staff.
In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. These trends in value-based care have even influenced the M&A market.
Hospice providers have increasingly turned to technology to connect with hard-to-reach patients, streamline back-office functions and stay ahead of the curve on worsening health conditions. The year ahead is likely to bring significantly more technology investment as well, the 2023 Hospice News Outlook Survey and Report suggests.
The foundation is an independent, nonprofit hospice and palliative care research and advocacy organization. The foundation aims to identify and address gaps in the health care continuum to help improve the quality of life for the seriously and terminally ill. The HAP Foundation has officially begun operations.
Croix Hospice has acquired Corpore Sano Hospice in Plymouth, Mich., In addition to a spate of acquisitions, the Minnesota-based hospice provider has launched four de novos thus far in 2022. In addition to a spate of acquisitions, the Minnesota-based hospice provider has launched four de novos thus far in 2022.
Addus HomeCare Corporation’s (NASDAQ: ADUS) is shifting its M&A strategy away from hospice deals to focus on its home health and personal care businesses. Texas-based Addus provides personal, home health and hospicecare across 207 locations in 22 states, reaching roughly 46,500 patients annually.
Labor shortages and other headwinds have battered hospices during 2022, including large companies. This includes the home health and hospice provider Amedisys (NASDAQ: AMED). “On Generally, fewer clinicians has meant fewer patients have been receiving hospicecare, according to industry observers and companies’ own reports.
pay increase for hospicecare for Fiscal Year 2023. As of June 30, that will rise to the typical 2%, representing a headwind that some hospices consider “ devastating. ” Chemed is the parent company of VITAS Healthcare, the largest hospice provider in the United States by market share, according to LexisNexis.
The health care space — including hospice — is increasingly shaped by numbers. During the past several years hospice providers have had to become experts in data management in order to remain competitive. Hospices’ cost-savings potential A study published in March revealed that hospice saved Medicare roughly $3.5
Homecare Homebase has been that invaluable partner with Visiting Nurse Health System. We consider the Homecare Homebase team an active ally.” Homecare Homebase, for us, is a part of our team, a part of our family, and there is extensive transparency—so much so that everyone across the board is vested.
Though evidence shows that longer hospice stays reduce costs, providers are still walking a regulatory tightrope. On one hand, longer hospice stays can lead to improved patient and family satisfaction and greater cost saving opportunities. Young told Hospice News. Centers for Medicare & Medicaid Services (CMS) and the U.S.
Addus HomeCare Corp. NASDAQ: ADUS) has reached an agreement to purchase the home health, hospice and private duty operator Tennessee Quality Care for $106 million. Tennessee Quality Care operates 17 locations serving an average of 1,800 patients daily throughout 50 of the 95 counties in its home state.
Person-centered care is becoming increasingly important in all care settings, as the Centers for Medicare and Medicaid Services continues to prioritize value-based care and individual care outcomes. What is person-centered care? The approach also means that the patient is empowered based on his or her needs.
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to the hospice space?
Obstacles in palliative care’s path More physicians offices, primary care providers, hospitals, oncology centers and other facility-based health care providers are stepping into the community-based palliative care space. The diversity and wide breadth of services can be beneficial to patient-centered care, she said.
Bolstered by recent acquisitions, Addus Homecare’s (NASDAQ: ADUS) hospice segment is holding its own against labor headwinds and inflation. For example, the company’s $85 million acquisition of Illinois-based hospice provider JourneyCare Inc., The hospice segment brought in $52.074 million, up from $36.9
Hospice providers are nearly desperate to recruit nurses, but their labor woes do not end there. We have seen a substantial increase in the competitive nature of recruitment for non-clinical staff over the past two years,” David Jackson, CEO of Choice Health at Home, told Hospice News in an email. “We
Hospicecare and palliative care services have similar, but diverging, threads across the care continuum. An area of increasing overlap centers around patient consultations discussing symptom management and goals of care. Palliative care and hospice share some common goals with hospice.
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to the hospice industry?
Croix Hospice has expanded in Missouri with a Jefferson City de novo in the central region of the state. Croix Hospice serves in the Show-Me State to 44. “We have been steadily growing our presence in the state to provide expert hospicecare to those who need it and are excited to place a team in this centralized location.”
Despite hitting a brief slump at this year’s start, hospice merger and acquisition activity still managed to outpace other health care sectors. . Strong hospice and home health consolidation continued during the first quarter of 2022, according to a recent report from Provident Healthcare Partners.
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to come to work in the hospice space?
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit [link].
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to work in the hospice space?
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit [link].
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. What drew you to the hospice industry?
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit [link].
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing, and behavioral health. I want my parents’ care to be affordable.
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospicecare, senior housing, skilled nursing and behavioral health. What drew you to work in the hospice industry?
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