Hospice News

JUNE 23, 2023

Amid persistent workforce shortages, sign-on and employee referral bonuses, as well as enhanced benefits, are bearing the most fruit for hospice providers. We are seeing the nursing pendulum swing up in most specialties. Salaries are usually the highest component of why profits and losses go up or down. About 77.6%

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Hospice News

JUNE 9, 2023

A spate of news reports recently indicated that the hospice may be up for sale to a publicly traded for-profit entity, which sparked vocal public opposition. Nearly 4,000 community members signed an ongoing petition for Alive Hospice to remain a nonprofit organization.

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Hospice News

MARCH 21, 2023

One major expense has been the need to offer sign-on and retention bonuses in order to compete in the labor market. In some areas, we’ve seen the signing bonuses are very, very, very high. Not only is it a shot in the arm, but you do pick up on some of the areas of concern and frustration and bringing it back to your team.”

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Hospice News

APRIL 8, 2024

A lot of kidney patients don’t end up on hospice because they don’t want to give up the dialysis. Questions like these could be a sign that CMS may be looking to “modernize” some aspects of the hospice benefit, according to David Baird, vice president for hospice policy for NAHC. “At Dialysis is a good example.

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Hospice News

FEBRUARY 23, 2024

For now, Amedisys shows no signs of slowing down on palliative care. I can tell you that the next contract we enter, and the next program we start up in the value-base is gonna look different than this one, because we’ve had a lot of lessons learned thus far.”

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Hospice News

SEPTEMBER 7, 2022

Some hospice company leaders have signaled the labor market may be showing signs of stabilization. When physicians in particular return from vacations they tend to ramp up their caseloads, pushing volume upwards. The post Publicly Traded Hospice Execs See Signs of Improvement in Labor Market appeared first on Hospice News.

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Hospice News

SEPTEMBER 22, 2023

Each of the four organizations acknowledged the stepped up collaboration; each also asserted its independence and its individual priorities and initiatives. Many of these hospices were also setting up shop, providing substandard care to a few patients and then selling off the license before regulators caught wind of it.

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Hospice News

DECEMBER 21, 2023

This proposed Transition Board is made up of experienced veterans of the care at home community, who possess the vision to understand both the opportunity and obligation to build an even stronger future for our sectors of the American health care delivery system,” Ken Albert, proposed chair of the Transition Board, said in a statement.

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Hospice News

JUNE 21, 2023

“With the reimbursement rate, [CMS} needs to strongly consider giving us a better increase to match the needs, with the increases around the clinical staff salaries and the ongoing expenses that have gone up around personal protective equipment,” NHPCO’s COO and interim CEO Ben Marcantonio told Hospice News.

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Hospice News

MARCH 8, 2024

Moreover, many hospices have been the subject of audits by various Medicare contractors, activity that shows no signs of slowing. A lot of these private equity firms hold for three-to-five years and then they’ll look at packaging up and selling [an asset] at a much higher multiple than they bought it for.

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Hospice News

NOVEMBER 10, 2022

Those struggles have continued through 2022, but developments in the second half of the year are showing signs of an upward trend. Bringing new employees up to speed also costs money, which in Q3 resulted in about $2 million in margin compression, according to Westfall. The company’s revenues fell to $297 million in Q3, down 6.6%

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Hospice News

FEBRUARY 24, 2023

“While the pandemic has created a role in staffing difficulties and turnover across many industries, we are ultimately responsible for creating a life-changing employee experience, and our turnover results have not measured up to the highest standards we have set for ourselves,” John Gochnour, Pennant’s president, said in the earnings call. “In

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Hospice News

NOVEMBER 17, 2022

Amedisys’ net service revenue reached $558 million in Q3, up 1% from the prior year’s quarter. million, up from $197.5 The rise in per-visit costs was driven by wage inflation and sign-on and retention bonuses. The company’s hospice segment accounted for $198.7 million in Q3 2021.

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Hospice News

SEPTEMBER 12, 2023

The nonprofit post-acute care providers Empath Health and Trustbridge have signed a memorandum of understanding to begin an affiliation between the two organizations. The affiliation is also expected to better position Empath to compete with other large providers, as well as give them a leg up on payer negotiations. “We

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Hospice News

JANUARY 30, 2023

million home-based primary care visits during 2016, up from less than 1 million in 1996, the study found. Capital Caring recently signed an agreement to affiliate with Florida-based Chapters Health System, expected to close this year. A number of hospices have launched their own programs or partnerships with other providers.

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Hospice News

MAY 8, 2023

At the same time, PalliCare helps nurse practitioners interested in setting up their own palliative care practices. According to Fluhart, the company is helping a physicians’ group in that area set up a home-based palliative care system. We really haven’t come up with the perfect payer mix yet,” he said. “It’s

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Hospice News

MARCH 29, 2024

This includes the addition of an email invitation to a web survey, with follow-up by mail to non-responders. “CMS has not proposed any program integrity measures to address continued concerns on the surge in hospice growth in certain parts of the country despite the warning signs presented.”

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Hospice News

NOVEMBER 11, 2022

Demographics are pushing up demand for end-of-life care amid long-standing staffing shortages in hospice. Some hospices have been unable to sufficiently fill their ranks to keep up with that demand for care, resulting in them either temporarily limiting new patients or completely ending services. “All We’re not past the crisis.”.

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Hospice News

OCTOBER 28, 2022

Nearly three years later, Silverstone has grown 700% with no signs of slowing down. He also faced the labor shortage and the need to grow a referral network from the ground up. Some candidates he interviewed asked for as much as $5,000 in weekly wages or new vehicles if they signed on for the job, Montiel said.

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Palliverse

APRIL 21, 2024

Every time he made any sound I woke up. If we see any signs that he is about to die we’ll call you back in, we always try our best to do so. Sometimes we don’t get any warning, but we’ll keep looking for signs. I just want to be with him as much as possible, I think I can hold on a little longer. I’m a light sleeper.

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Hospice News

NOVEMBER 22, 2023

It’s creating a safe space for people working in and receiving hospice to feel comfortable speaking up about what they’re dealing with and recognizing the impacts of those experiences of trauma or violence or abuse. Females make up a large proportion of both hospice patients and the workforce serving them.

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Hospice News

JUNE 22, 2022

Myers per the agreement will receive a sign-on payment of $5.5 Proffitt’s contract has similar provisions, including a $690,000 salary and a sign-on grant of stock options and unites totalling $3 million, subject to a four-year vesting period. million in net service revenue during the first quarter, up from $524.8

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Hospice News

SEPTEMBER 22, 2023

By the Bay Health and Mission Hospice & Home Care recently signed a letter of intent to merge the two California-organizations. Swelling aging populations are driving up demand in the state. Centers for Medicare & Medicaid Services (CMS). Seniors 65 and older represent 15.8% Census Bureau.

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Hospice News

JUNE 14, 2023

of the nation’s gross domestic product by the end of that time frame, up from slightly more than 18% in 2021. Health care spending via Medicare will once again pick up speed, however, due to projected increases in hospital utilization among fee-for-service beneficiaries as well as rising per-enrollee costs.

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Rehab Realities by Renee Kinder

AUGUST 3, 2023

The sleepover hangover is a telltale sign of summer in our home. Teenagers up and out way too late with friends, hopefully staying out of trouble and then crashing until 2 p.m. the next day. Little ones who are just plain exhausted after multiple evenings with cousins. And parents just trying to keep it all…

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Hospice News

APRIL 29, 2022

If you get access to curative and palliative care, quality goes up and costs go down. ” Despite these acknowledgments, signs point towards positive results. “Thus, careful consideration is merited for hose extrapolating these findings to other settings.” The agency plans to publish a final report in 2023.

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Together for Short Lives

NOVEMBER 2, 2023

A new partnership between Together for Short Lives and gas network company SGN will provide vital support this winter for families.

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Hospice News

MARCH 2, 2023

Economic forces are also pushing up resale income, as inflation drives consumers to seek lower prices. We rely heavily on the volunteer core that makes up such an important aspect of the hospice resale stores,” Rabon told Hospice News. But in late 2022 and early 2023, providers are seeing signs of recovery.

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Community Home Health Care

FEBRUARY 26, 2023

Signs to look out for if you suspect an elderly is misusing or abusing prescription drugs Recognizing the signs of prescription drug misuse among the elderly can be complex. This is because the signs are sometimes similar to those associated with aging, such as feelings of confusion and loss of memory.

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GeriPal

DECEMBER 28, 2023

If you don’t want to claim credit, no need to sign up, as GeriPal has always been and will always be free to listen to. We are aiming for about half of our podcasts to have CME credit attached to them for the year, each one designated for a maximum of 0.75 To register for CME click here [link].

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Palliverse

JANUARY 23, 2024

Date Night by James Jap Most hospice rooms will have do not disturb signs which can be hung on the door handle to indicate that you don’t want people to come in. Who are these signs for? We put the sign up if a patient is in the bathroom washing, or if a procedure such as a dressing change is being undertaken.

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Hospice News

JUNE 2, 2023

To compete for scarce clinical resources, most hospices had to bump up wages and salaries, as well as offering sign-on and retention bonuses, among other compensation incentives. Wage increases, sign-on bonuses, retention bonuses and other incentives should be clearly laid out for employees in writing.

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Diversity Nursing

AUGUST 3, 2023

For Nurses and healthcare professionals who provide care to elderly individuals, it is of utmost importance to be able to identify and report signs of elder abuse. The National Council on Aging , estimates up to 5 million older Americans are abused every year, and the annual loss by victims of financial abuse is estimated to be at least $36.5

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Daily Nurse

NOVEMBER 23, 2023

In her scrubs, she goes to a different location in New York City and holds up signs about issues affecting nurses today. She also documents her life with eczema and suggests products that manage her flare-ups. She shows her reality in nursing school, documenting her ups and downs studying and completing 12-hour clinicals.

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Hospice News

DECEMBER 7, 2023

Victims of financial abuse lose up to $36.5 But there can be many unexpected experiences that come up at the end of life that can trigger inner issues or untreated symptoms. They should also understand that pushing someone to speak up when they are not ready can cause damage, according to Snyder.

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Hospice News

NOVEMBER 14, 2022

It’s killing me financially, between direct labor costs like retention efforts, raises, and incentive pay in sign-on and retention bonuses,” Benton told Hospice News. Hospices need to strike a “very delicate balance” when establishing programs like sign-on bonuses, according to Benton. 5 million, Benton said.

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Hospice News

AUGUST 2, 2022

Addus saw average hospice length of stay rise to 23 days during Q2, up from 17 during the first quarter. Company-wide revenues were up 8.7% Company-wide revenues were up 8.7% The hospice segment brought in $52.074 million, up from $36.9 About 2.5% of that growth was same-store and not attributable to an acquisition.

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