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4 Key Trends for Hospices to Watch in 2024

Hospice News

Hospice aides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively. While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.

2024 290
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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Industry-wide, these bonuses in 2021 averaged from $2,038 for hospice aides to $9,056 for executive leaders, according to the 2022-2023 Hospice Salary & Benefits Report , published by Hospital & Healthcare Compensation Service (HCS) in cooperation with NAHC. The average bonus for registered nurses was $6,330. .

2023 291
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5 Numbers that Shaped Hospice in 2022

Hospice News

Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. Hospices of all stripes indicated that wages were rising among their staff.

2022 239