Hospice News

NOVEMBER 7, 2024

Rate increases and home health volume growth were offset by raises, wage inflation, a shift in home health mix, investments in hospice clinical staffing and higher compensation and benefit costs,” Amedisys indicated in slides accompanying its earnings release. The company brought in roughly $587.7

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Hospice News

JUNE 18, 2024

Primarily, Medicare reimburses for palliative care through fee-for-service payment programs that cover physician and licensed independent practitioner services. Already, a growing range of health care providers are investing in those services, including hospices, home health agencies, health systems, primary care and other providers.

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Hospice News

NOVEMBER 1, 2023

Guardian Hospice of Oklahoma received Medicare certification in 2015 and has since grown its presence in the state and across Texas. The company operates 102 hospice and home health locations and 51 senior living communities in 13 states, including Texas and Oklahoma. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

JULY 3, 2023

Some of these providers have secured licenses, as well as Medicare certification and, sometimes, accreditation. They then proceed to enroll a small number of patients for whom they never bill Medicare, multiple hospice executives told Hospice News on background. By not billing, they are better able to avoid regulators’ attention.

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Hospice News

SEPTEMBER 1, 2023

Centers for Medicare & Medicaid Services’ (CMS) new policies is a rule prohibiting changes of ownership within 36 months of Medicare enrollment, designed to curb quick license sales in an effort to avoid regulatory attention. I’ve got my Medicare provider number. Among the U.S. What CMS found out, and [the U.S.

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Hospice News

SEPTEMBER 19, 2022

Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of the end of Q2, this included 23 deals compared to 17 each for Medicare-certified home health and for hospice, according to a report by M&A advisory firm Mertz Taggart.

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Hospice News

JULY 29, 2022

“If hospices are looking for the exit because they’re struggling and they’re ready to close their doors, do not negate the value of being Medicare-certified,” Sharp told Hospice News at the National Association of Home Care & Hospice (NAHC) Financial Management Conference in Las Vegas. “It

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Hospice News

OCTOBER 10, 2024

Muir also has served as the medical director for the Center for Medicare and Medicaid Innovations’ (CMMI) high-needs Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH) program. Her passion to provide excellence in home health care and hospice is evident.”

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Hospice News

NOVEMBER 4, 2022

Centers for Medicare & Medicaid Services (CMS) will be implementing a revised compliance survey process and has convened a Technical Expert Panel to develop a hospice Special Focus Program. Department of Health & Human Services Office of Inspector General (OIG) will conduct a national audit for patient eligibility.

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Hospice News

NOVEMBER 17, 2023

Among them is an evolving conversation around potential changes to the Medicare Hospice Benefit, an increasing focus on equitable access and service diversification to engage patients further upstream. Centers for Medicare & Medicaid Services (CMS) has extended through 2030. Hospice care reduces Medicare expenditures by about $3.5

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Hospice News

NOVEMBER 1, 2022

Hospices have taken their first steps towards value-based reimbursement during the past two years through the Medicare Advantage carve-in, which is about three-quarters into its second year. Addus has seen success in its value-based contracting efforts in the state, as well as an uptick in home health and hospice referrals.

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Hospice News

AUGUST 22, 2024

More founders who began their organizations when the Medicare Hospice Benefit was established in the 1980s are reaching retirement. Multiples in home health and hospice reached 29x in 2020, beating 2019’s record of 26x, reported PwC’s Health Research Institute.

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Hospice News

DECEMBER 11, 2024

Hospice utilization among Medicare decedents reached 52.23% in Texas during 2022, reported the National Alliance for Care at Home. The organization, through several home care brands, offers hospice, home health and personal care, along with pediatric services and clinical decision support. Census Bureau.

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Hospice News

AUGUST 10, 2023

While admissions in home health and hospice are slowly stabilizing, volumes trail behind some of Enhabit’s “largest peers” in industry, according to Jacobsmeyer. With the shift of Medicare eligibles into Medicare Advantage happening faster than anyone anticipated, we are trying to forecast a rapidly moving target.

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Hospice News

FEBRUARY 24, 2023

Wage inflation slowed sequentially, clinical headcount increased and home health and hospice turnover has declined as we continue to improve these trends will allow us to admit and serve more patients and residents.” Centers for Medicare & Medicaid Services (CMS) increased home health base rate payments by only 0.7%

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Hospice News

DECEMBER 18, 2024

Hospices have increasingly represented a larger piece of the valuation equation in JVs compared to home health assets, he said. Were seeing more and more activity in joint ventures with health systems and thats both in home health and hospice to capture those referral sources, Lillis told Hospice News.

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Hospice News

MAY 10, 2023

Potential shifts in home health reimbursement are also driving the company’s M&A decisions, Poff stated during an earnings call earlier this year. Proposed changes could make home health deals more attractive, he indicated.

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Hospice News

AUGUST 13, 2024

Collaborating with the Alliance allows for coordination and expansion of the recruitment program across the advocacy organization’s nonprofit home health and hospice providers. There has been less of that in the home health, hospice and palliative care spaces. Programs like this are still not universal.

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Hospice News

NOVEMBER 4, 2022

The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice.

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Hospice News

JUNE 8, 2023

million, while home health revenue reached $215.8 Potential shifts in home health reimbursement is cooling interest among buyers, while leading some companies to the sellers table, according to Enhabit President and CEO Barbara Jacobsmeyer. Enhabit’s EBITDA reached $25.3 million during that period.

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Hospice News

APRIL 28, 2022

Sinai partnership marks Contessa’s first risk-based palliative care contract, which is reimbursed through Medicare Advantage. With this in place, the company now offers a full continuum of home-based care. The deal has since opened doors to new mergers and acquisitions, as well joint venture opportunities for Amedisys.

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Hospice News

OCTOBER 5, 2022

In addition to home health care, the company offers heart failure and diabetes management, psychiatric home health, social services, telemonitoring and fall prevention, among other specialty care programs. The previous year Addus bought Chicago-based Summit Home Health for an undisclosed amount.

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Hospice News

JULY 15, 2022

We’ve been using Medalogix for several years now to identify patients in home health who would qualify for hospice, and then to facilitate those conversations and get the patient to the right level of care. . We’re excited to be already using a couple of different solutions. We’ve deployed Muse.

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Hospice News

JULY 26, 2022

It’s down a bit by about 10% – 11% in the first half of this year compared to the same period in 2021 as some of the investor focus shifts to home health. Because of the [Patient-Driven Groupings Model (PDGM)], things got garbled and murky in home health as investors waited to see what happened.

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Hospice News

NOVEMBER 30, 2022

HSPN: Can you talk a little bit about what kind of disruption could occur in the hospice industry, as a result of Medicare Advantage? Warren: I know many of you in the audience have home health organizations, you see the challenges that home health organizations face, from an M&A disruption. Are you not?

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Hospice News

AUGUST 10, 2023

(NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations. When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We

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Hospice News

DECEMBER 12, 2022

Humana’s two Kindred at Home transactions added notches to the company’s belt as it expands its value-based care portfolio as both a provider and payer. The divestiture fits into Humana’s stated goal of raising its enterprise value by $1 billion , while building out its health care services and Medicare Advantage business.

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Hospice News

NOVEMBER 18, 2022

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. Centers for Medicare & Medicaid Services (CMS) recently established a 0.7% base rate payment increase for home health care in 2023.

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Hospice News

AUGUST 29, 2022

Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. But now further disruption is looming in the home health space, raising the question of whether buyers will again lean towards hospice as events unfold.

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Hospice News

MAY 9, 2023

This means that as of May 11 telehealth encounters will no longer count as routine home care, including care and services provided via remote patient monitoring systems, telephone calls and audiovisual technologies, according to recent guidance from the U.S. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

OCTOBER 20, 2023

Compassus provides a continuum of home-based services including home health, palliative care and hospice from more than 250 locations across 29 states, including a number of similar partnerships with health systems and other health care providers. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

AUGUST 2, 2022

We are seeing more hospice in the pipeline than we are in home health at this point,” said Jacobsmeyer during an earnings call. “We’re We’re seeing a little bit higher hospice potential development projects in the pipeline compared to home health. Its hospice business brought in $47.8 drop from the prior year.

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Hospice News

MAY 2, 2022

When you talk about an interdisciplinary team coming into your home — nurses, a social worker, chaplain, having access to the physician, volunteers — people are automatically going to think that there’s a cost associated with that. Can you give me some details about that initiative?

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Hospice News

OCTOBER 25, 2022

So I’m a part of what we’re doing in home health, PACE, hospice and palliative care. Medicare Advantage is expanding. So I’m a part of what we’re doing in home health, PACE, hospice and palliative care. Medicare Advantage is expanding. Are those available in your particular market?

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Hospice News

JULY 29, 2022

“If hospices are looking for the exit because they’re struggling and they’re ready to close their doors, do not negate the value of being Medicare-certified,” Sharp told Hospice News at the National Association of Home Care & Hospice (NAHC) Financial Management Conference in Las Vegas. “It

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AlayaCare

JULY 7, 2019

This remarkable societal shift is, to draw a parallel, emblematic of the transformations going on now in home health care. The HCAF is trying to spur a can-do attitude as both Medicare and private care providers brace for the waves of change at their doorstep.

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AlayaCare

NOVEMBER 29, 2022

Centers for Medicare and Medicaid Services predicts that health spending will grow at an average annual rate of 5.4 trillion by 2028, according to the guide Value-Based Purchasing and the Role of Home Care Technology. That gave rise to the value-over-volume idea creating a shift to Home Health Value-Based Purchasing (HHVBP).

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