Hospice News

SEPTEMBER 5, 2023

The home health and hospice provider recently announced the leadership changes in a filing with the U.S. Ginn served in that same role before being promoted to CFO in 2017 and executive vice president in 2021. The company in June announced plans to acquire the massive home health and hospice provider Amedisys for $3.3

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Hospice News

FEBRUARY 13, 2023

Croix Hospice has expanded in Wisconsin, opening its 14th location in the state. “We have been serving the state of Wisconsin for many years, continuing our long tradition of exceptional patient care,” St. . Croix Hospice CEO Heath Bartness said in a press release. ” The post St.

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Hospice News

FEBRUARY 6, 2024

VITAS Healthcare, one of the largest providers of hospice and palliative care services in the U.S., Kathleen Coronado, a registered nurse, has been promoted to associate VP of hospice operations after 18 years at VITAS. Anthony Cosma II, a 12-year veteran of VITAS, assumes the role of VP of hospice operations.

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Hospice News

JANUARY 11, 2024

Fortis Health has acquired Indiana-based Physiocare Home Health and Hospice. Their culture and approach to quality patient care are a great fit with what we have established at Fortis Health.” Similar to national trends, demographics are accelerating demand for hospice in the Hoosier State. This is up from 16.4%

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Hospice News

SEPTEMBER 11, 2023

hospice providers have the same problem — a workforce shortage — many seek to address it using unique solutions. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. Hospices, in turn, have taken new steps to gain or keep their staff, particularly clinicians. Though most U.S.

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Hospice News

JUNE 22, 2023

Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. It’s hard to say that you have proof.

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Hospice News

JANUARY 2, 2023

The number of hospice volunteers plunged during the first two years of the pandemic, and many are still working to rebuild their ranks. Many hospices saw volunteer volumes dip drastically as they suspended activities during the pandemic. Their services reduced the hospice’s costs by an average of 6%, a rise from 5.5%

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Hospice News

FEBRUARY 3, 2023

As California pursues hospice licensing reform, some providers in other states are watching for similar actions closer to home. Gavin Newsom (D) approved legislation that tightened hospice oversight in the state. It’s understandable that hospice operators in other states are eyeing this warily,” Young told Hospice News.

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Hospice News

AUGUST 22, 2023

Centers for Medicare & Medicaid Services (CMS) is considering administrative action against 400 hospices, which could include revocation of their Medicare certification. The agency has been mobilizing against hospice fraud this year.

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Hospice News

MARCH 22, 2024

McMahon ascended to the role in 2021, serving in various other positions at UnitedHealth Group since 2003, including executive vice president of enterprise operations and CEO of Optum Rx, among other management positions in finance, information technology and operations. Cannone as its new executive vice president and COO.

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Hospice News

JULY 18, 2023

Home-based care veteran Rob Radics took the helm as CEO of Fortis Home Health & Hospice in May, and in the early days of his tenure is laser-focused on hospice growth. Most recently, he served as the president of the home health and hospice segments at Aveanna Healthcare Holdings (NASDAQ: AVAH).

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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

MARCH 20, 2024

In this Voices interview, Hospice News sits down with Patrick Leary, VP, Client Services, Enclara Pharmacia, to learn about the top factors that impact the nurse experience in hospice care. Hospice News: Since our last conversation in mid-2021, what challenges have you encountered amidst the changes that have taken place?

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Hospice News

NOVEMBER 14, 2023

Investment trends in the hospice industry have meandered in recent years, impacting providers’ approaches to growth in 2024. The mix of hospice buyers has become more diverse during the past five years to include more private equity investors, large health and hospital systems and home health companies, along with payers. NYSE: CHE).

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Hospice News

JANUARY 20, 2023

A second study found that roughly 88% of palliative patients nationwide who have used virtual reality in the last decade reported improvement in their physical and/or psychological symptoms The journal Palliative Medicine published the research in May 2022. VR and AR represents an investment in optimizing patient care, according to Shega. “VR

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Hospice News

JUNE 16, 2022

More hospitals and health systems are stepping into the home-based hospice space, often seeing joint ventures as a promising route to a return on their investment. You’re seeing different types of transactions taking place in hospice and home health,” Mark Kulik, managing director at M&A advisory firm The Braff Group, told Hospice News.

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Hospice News

JANUARY 25, 2023

Hospices are increasingly leveraging technology and pharmaceutical partnerships to better address the needs of patients and families and improve financial and operational efficiencies. Hospices have leaned heavily on technology during the pandemic, turning to telehealth to remain connected to patients and their families.

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Hospice News

SEPTEMBER 16, 2022

Technology, cost control, and family caregiver support have emerged as cost-saving strategies as headwinds mount for hospice providers. Efficiency has become a watchword in the hospice space. Centers for Medicare & Medicaid Services (CMS) raised hospice per diems by 3.8% While we believe the 3.8% 3 cost-saving strategies.

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Hospice News

AUGUST 8, 2023

Hospices seeking to gauge the potential impact of new regulatory actions in the space can look to their counterparts in the home health field. We then started seeing the greater degree of impact,” Dombi told Hospice News. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit. told Hospice News.

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Hospice News

JUNE 23, 2022

Private equity firms are pouring investment dollars into hospices at a record pace. Despite a cool down in the hospice mergers and acquisitions market during the first quarter of 2022, private equity firms have stayed aggressive on deals. Private equity investors are likely to stay bullish on hospice.

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Hospice News

DECEMBER 8, 2022

Home-based care, including hospice, is an increasingly attractive space for health systems and hospitals — a trend that accelerated during the pandemic. Health systems are bringing care to the home by a number of routes. billion in 2021. The nonprofit’s operating revenue reached $93.1

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Hospice News

APRIL 26, 2023

Croix Hospice is continuing its meteoric expansion in the Midwest with a new location in Manhattan, Kansas. Croix Hospice often looks for markets in which hospice utilization is comparatively low, including historically underserved rural communities. Croix Hospice’s Manhattan branch did not enroll in the benefit, the U.S.

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Hospice News

FEBRUARY 28, 2023

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. Addus’ more than 33,000 employees serve around 46,500 patients across roughly 200 locations nationwide. Addus’ hospice census rose along with the company’s staffing volumes. This represented 20.5%

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Hospice News

NOVEMBER 10, 2022

s (NASDAQ: AVAH) hospice and home health segments saw small jumps in the third quarter, but these lagged behind the company’s growth targets. The IPO occurred during a tumultuous era in health care, with providers across the continuum still reeling from the pandemic and worsened workforce pressures. Aveanna Healthcare Holdings, Inc.’s

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Hospice News

AUGUST 10, 2023

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 Hospice, in particular, will be buoyed by a rate increase hitting Oct. As a reminder, we do not have a demand problem.” million, a 6.5%

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Hospice News

NOVEMBER 30, 2022

This article is based on a Hospice News discussion with Maria Warren, Vice President of Clinical Consulting at Netsmart that took place at the Hospice News Elevate Conference in Chicago. Hospice News: I am here with Maria Warren and we’re going to talk a little bit about technology and value-based care.

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Hospice News

MAY 12, 2023

The hospice space — and the health care system at large — is in a state of flux, driven by value-based reimbursement models, an expanding home-based care continuum and industry-changing transactions. All of these factors herald big changes for Amedisys and the hospice community at large.

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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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Hospice News

SEPTEMBER 16, 2022

Agape Care Group Appoints M&A VP. Alex Ferguson has stepped into the role of senior vice president of mergers and acquisitions at Agape Care Group. The South Carolina-based hospice and palliative care provider is a portfolio company of the private equity firm Ridgemont Equity Partners. as its president and CEO.

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Hospice News

JULY 19, 2022

For better or worse, the growing presence of large insurance companies in the hospice and home health provider space could be transformative for the industry. Two transactions demonstrate rising interest among payers in owning the home-based care assets that serve their beneficiaries. Hospice leaders have to remember why we are here.

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Hospice News

FEBRUARY 6, 2024

The needle is slowly moving closer to improvement around pediatric palliative payment incentives that could make this care more affordable and accessible. Some states have begun instilling regulations in place requiring private insurance companies to cover palliative and hospice care for eligible children.

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Hospice News

JANUARY 20, 2023

The deal expands Eden Health’s home health and hospice footprint in Washington, one of eight states in its service region. The home health, hospice and palliative care provider operates 36 locations and serves roughly 1,540 patients annual. Established in 1977, CHHH has an average daily census of 600 patients.

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Hospice News

MAY 26, 2022

Encompass Health’s forthcoming spin off of Enhabit Home Health & Hospice is expected to complete July 1. “We have a comprehensive transition plan in place and are confident that the board’s diverse background and experience will help guide us into the future as we work to expand what’s possible for patient care at home.”

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Hospice News

JANUARY 10, 2023

The company’s palliative care strategy rests on the back of risk-based payment models, primarily Medicare Advantage, Kusserow indicated at the J.P. This push dovetails with the home health and hospice provider’s plans to extend the continuum of services it can bring into patients’ homes, including palliative and high-acuity care. “We’re

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Hospice News

JANUARY 18, 2024

Without family caregivers, most hospice and palliative care patients would be unable to receive care in the home. The model comes at a time when dementia-related illnesses are on the rise among hospice patients. For a lot of hospice providers, caregiver services are not their bread and butter,” Lee said.

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Hospice News

MAY 8, 2024

In 2021, the US Centers for Disease Control and Prevention declared caregiving to be an incipient public health issue. This lack of recognition has led to a lack of support,” Steven Lee, co-founder and CEO of ianacare, told Hospice News.

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Hospice News

DECEMBER 14, 2022

Winston & Strawn LLP acted as legal counsel to The Care Team, which provides home health and hospice in Michigan, Massachusetts, Pennsylvania, Texas and now Indiana. This marks the home health and hospice provider’s fourth acquisition since it became a portfolio company of private equity firm Revelstoke Capital Partners in 2019.

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