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NAHC President Dombi: Hospices Face Stricter Oversight in 2023

Hospice News

Regulators have been keeping an increasingly close watch on hospice providers, and this may intensify in 2023. 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.

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Enhabit’s 2023 M&A Strategy Leans Toward Hospice Assets

Hospice News

Large-scale consolidation in both home health and hospice has occurred at a rapid pace in recent years, leaving more small- to mid-sized providers left in the remaining mix of available assets up for grabs. However, the market has taken a dip in the first half of 2023, though some expect a rebound before year’s end.

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Fallout of 2023 Home Health Payment Rule Likely to Affect Hospices

Hospice News

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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M&A Volume May Shift From Hospice to Home Health

Hospice News

Though many expect a hospice M&A rebound in 2024, the scales are tipping in favor of home health companies among buyers. After 2023’s slump, PE firms have been sitting on more than $800 million in dry powder, according to data shared with Hospice News by The Braff Group. Interest rates remain a wild card.

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How the 2023 Home Health Rule Could Change the Game in Hospice M&A

Hospice News

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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Pennant Group Retools for Efficiency in Troubled Labor Market

Hospice News

About 40% of 330 hospice professionals who responded to the 2023 Hospice News Outlook Survey and Report said that staff satisfaction and engagement would be the biggest driver of their technology investments this year. For 2023, the U.S. after initially proposing a 4.2% aggregate cut.

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Despite Headwinds, Aveanna Still Sees Big Upside to Its Home Health and Hospice Business

Hospice News

(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 Overall, Aveanna reported Q2 2023 revenue of $471.9