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Pennant Group Acquires Guardian Hospice

Hospice News

NASDAQ: PNTG) has acquired Guardian Hospice and Guardian Hospice of Oklahoma for an undisclosed amount. Guardian Hospice of Oklahoma received Medicare certification in 2015 and has since grown its presence in the state and across Texas. Centers for Medicare & Medicaid Services (CMS). Census Bureau.

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Hospice CEO, Chief Compliance Officer Collaborations Key to Quality

Hospice News

The lines of communication between hospice leaders and compliance executives need to be open and transparent in today’s regulatory environment. The complexities of hospice regulation alongside increased oversight in the space have led providers to zero in on compliance.

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Illinois Bill to Allow 16 Hospice Locations Per County, Up from 5 

Hospice News

The Illinois legislature has passed a bill that would increase the maximum number of licensed hospice locations in each of the state’s counties to 16, up from five. In addition to boosting the maximum number of hospices, the forthcoming law would permit hospice facilities to care for as many as 24 patients, up from 20.

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Angela Hospice’s New Senior Living Inpatient Facility Michigan-based Angela Hospice recently unveiled plans to open a new inpatient center at a senior living facility. Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. The William B. and Janet B.

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MedPAC Calls for Hospice Payment Cap Wage Adjustment, 20% Cut

Hospice News

The Medicare Payment Advisory Commission (MedPAC) has once again recommended a 20% cut to the aggregate cap for hospice payments. Centers for Medicare and Medicaid Services (CMS) set the 2023 cap at $32,486.92, up from nearly $31,300 per patient for Fiscal Year 2022. of hospices exceeded the cap, MedPAC estimated.

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St. Croix Hospice Moves Into Indiana with Adaptive Deal

Hospice News

Croix Hospice has been on a quest to conquer the Midwest through acquisitions and de novos. The company today announced its purchase of Adaptive Hospice from Help at Home, which brings St. The hospice provider is a portfolio company of the private equity firm H.I.G. Croix Hospice President and CFO Stephen Phenneger. “We

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The Ups and Downs of Inpatient Hospice Care: New Facilities Open as Others Close

Hospice News

De novos have propelled recent growth among some hospice providers. Hospice of the Midwest expands with de novo Hospice of the Midwest recently opened a de novo in Marshalltown, Iowa, adding a fifth location to its footprint in the state. The hospice provider also has two locations in Minnesota and one in Nebraska.