Hospice News

JULY 12, 2022

Joint ventures allow providers to pool clinicians to work across a variety of settings, according to Freeman Smith, president of the north region of Traditions Health, a portfolio company of Dorilton Capital Advisors. Early this year the company formed a palliative care JV with New York’s Mount Sinai Health System.

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Hospice News

JUNE 8, 2022

Providers have also had to compete for new hires with travel nurse companies. Generally speaking, these have been able to offer nurses higher wages and more flexible scheduling as demand for their services increased during COVID. This includes the $85 million acquisition of Illinois-based hospice provider JourneyCare Inc.,

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Hospice News

APRIL 5, 2023

Hospice executives with a nursing background can bring unique competitive advantages. This has been the case for Nevada-based 1Care Hospice & 1Care Kids, particularly as they contended with the pandemic and widespread workforce shortages, according to COO Eddie Belluomini. 1Care was their first venture.

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Hospice News

JANUARY 9, 2025

VITAS operates 55 hospice programs in 15 states and has 11,679 employees. The company has an average daily census of 21,977 and operates 27 inpatient hospice units across its geographic service area. We had to have more nurses and so forth to meet the needs and the care of our growing patient list.

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Hospice News

SEPTEMBER 7, 2022

Some hospice company leaders have signaled the labor market may be showing signs of stabilization. Not surprisingly, labor was a key discussion in all our meetings, and the takeaway is that we have seen the worst of the tightness in the nursing labor market,” Tanquilut and Phillips said in the note.

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Hospice News

SEPTEMBER 29, 2023

A federal judge has sentenced Jesus Virlar-Cadena, formerly a medical director for the Texas-based hospice company Merida Group, to 50 months in prison for his role in a $152 million scheme. The court also ordered Virlar-Cadena to pay $9 million in restitution and $9 million in forfeiture. Justice Department indicated in a statement.

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Hospice News

APRIL 26, 2022

Nurse practitioner Raphael and registered nurse Britt Akobundu, a married couple, launched San Diego-based Blue Monarch Hospice this past March, with the intent of improving the quality of life for not only patients and families, but also health care workers. . As a nurse practitioner, what led you to begin a hospice program?

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Hospice News

OCTOBER 12, 2022

Other new features include expansion of the services that nurse practitioners can provide and additional rules to tighten oversight, governance, and compliance. At the time, those relationships were oriented around home health agencies and skilled nursing facilities, Osborne told Hospice News. Designing payment arrangements.

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Hospice News

JUNE 21, 2023

We’ve got a payment update that doesn’t reflect the reality of running a hospice, and these are things that we can ask for help on,” Logan Hoover, NHPCO’s vice president of policy and government relations, told Hospice News. PCHETA was first introduced in 2017.

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Hospice News

OCTOBER 28, 2022

For a year I held the hands of people who were alone,” Montiel told Hospice News. The only thing I’m good at is launching new businesses, so I bought a hospice company. More than once, he had to dip into personal savings to keep the company afloat or to make payroll. It was crazy.

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Hospice News

FEBRUARY 26, 2024

Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. Nurses also accounted for 16.97% of vacancies. Hospice aides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively.

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Hospice News

SEPTEMBER 12, 2023

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 hospice company.

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Hospice News

OCTOBER 9, 2024

Home-based care provider Compassus has been on a growth trajectory for several years running – placing hospice and home health at the center of its strategic vision. Compassus provides home health, home infusion, palliative and hospice care across 30 states. Thinking about legacy Compassus, we began as and have been a hospice company.

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Hospice News

NOVEMBER 8, 2023

(NYSE: EHAB) is continuing to mull over a potential sale, with executives providing few details as the company determines its next steps. The Dallas-based home health and hospice company has been digging into a strategic review process since August that could result in a possible sale or merger of some or all of its assets. “As

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Hospice News

JANUARY 26, 2024

Rebranding a hospice company 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.

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Hospice News

MARCH 29, 2024

“More and more people are being served by hospice every year, and CMS needs to recognize the dynamic value the benefit provides – not only from the improved quality of life hospices provide, but also from the huge financial savings to Medicare that utilization of the hospice benefit drives.”

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Hospice News

AUGUST 15, 2022

When you look at the eight years that home health and hospice were part of the facility-based company, we worked really hard on the home health side to create those care models that are so needed for those rehab patients coming out of the rehab hospitals. So you do need nursing, but also physical, occupational, and speech therapy.

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Hospice News

DECEMBER 13, 2022

During the past two years, these rates reached 88% among skilled nursing operators and 71% for home health providers, according to WellSky. Hospice rejection rates hit an all-time high of 41%. The average bonus for registered nurses was $6,330. . The compensation conundrum. Health systems homeward bound.

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Hospice News

DECEMBER 19, 2022

Their reasons for leaving mirror those of nurses and other clinicians who recently left the hospice field — burnout, stress, opportunities for higher wages, lack of a career path and retirement. 9 The Fastest Growing US Hospice Companies (Oct. Hospice News profiled operators that appeared in Inc.

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Hospice News

MARCH 20, 2023

A lot of times you find that they don’t have an option to stay at home, because they can’t afford to bring in support systems or pay for private sitters, and they end up going to a nursing home. Key examples of this strategy include home health and hospice company LHC Group, which was recently acquired by UnitedHealth Group (NYSE: UNH).

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Hospice News

SEPTEMBER 16, 2022

The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care. But I wasn’t as heavily involved in the day-to-day aspect of care, or being able to communicate and help make decisions with nurses or hospice administrators.

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Hospice News

DECEMBER 21, 2022

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. Nurses saw average national salary increases of 5.95% in 2022.

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Hospice News

OCTOBER 4, 2024

The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. Tej Dhillon, founder and CEO of Seva Hospice, has been named a 2024 Future Leader by Hospice News. I knew of the benefit.

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Hospice News

JUNE 22, 2023

billion acquisition of the home health and hospice company LHC Group. These data trends are especially concerning since HCA has been rapidly expanding in the hospice/home health space in recent years. Large payers have also jumped into the home-based care bandwagon. Optum subsequently made a bid on Amedisys Inc.

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Hospice News

OCTOBER 10, 2023

The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. Melissa Heiss, vice president of hospice, Jet Health, has been named a 2023 Future Leader by Hospice News.

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Hospice News

APRIL 19, 2023

Developing an inpatient hospice center has been part of Oasis’ “vision” since the beginning, according to Oasis CEO Sade Bello and Hakeem Bello, director of business development. The faith-based hospice company received Medicare certification in 2015 and primarily serves an urban region around the Chicago area.

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Hearts for Hospice & Home Health

JULY 1, 2021

For the third year in a row, Valeo is recognized as the top home health and hospice company in the greater Salt Lake area. Valeo Home Health and Hospice, LLC, was named Best of SLC Home Health and Hospice companies in the third annual Best of SLC awards.

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Traditions Health

JANUARY 17, 2024

While taking classes towards a master’s degree in nursing, Bash ended up in a sales role with a local home health and hospice company. About Traditions Health Traditions Health provides home health , hospice , and palliative care services.

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Hospice News

JANUARY 3, 2025

From a business perspective, this means hospice companies will have to rise to meet burgeoning demand and staff shortages and financial headwinds, including reimbursement that hasnt kept pace with inflation rates. The prior two years also saw some earnings stabilization among publicly traded companies.

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Living With Hospice

JULY 5, 2020

Transcript: Hello, come on in and welcome to another episode of Living With Hospice. I'm not a nurse. In my experience, hospice visitors, whether it's the nurse, the therapists, the aides, even the musician, like me, will say to the family, How are y'all doing? His wife wrote a heartfelt note to our hospice company.

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Hospice News

JUNE 23, 2022

“As Wall Street firms take over more nursing homes, quality in those homes has gone down and costs have gone up. Medicare is going to set higher standards for nursing homes and make sure your loved ones get the care they deserve and expect.”. That ends on my watch,” Biden said. Congress also asking questions. Elizabeth Warren (D-Mass.),

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