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RAND Corp.: Families Report Better Care from Nonprofit Hospices

Hospice News

RAND researchers analyzed Consumer Assessment of Healthcare Providers and Systems (CAHPS) Survey data from 653,208 caregivers whose family members received care from 3,107 hospices between April 2017 and March 2019. For example, in 2017 for-profits and nonprofits both averaged about six provider visits within the last seven days of life.

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Former Hospice Executive Facing Federal Wage Fixing Charges

Hospice News

He was vice president at Sierra Hospice & Home Health from 2018 to 2019, while holding the same position at Community Home Health Care Las Vegas from 2017 to 2021. He is currently employed by Golden EA Capital, a private equity firm.

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Facility-Bound Hospice Patients Less Likely to Get SIA Visits

Hospice News

More than $200 million SIA payments were distributed in 2021, compared to less than $100 million in 2017, according to the Abt research. In terms of patients, that’s more than a million beneficiaries receiving SIA services in 2021, versus under 850,000 beneficiaries in 2017, the data found.

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LifeTouch to Merge with Arkansas Hospice

Hospice News

The organization finished 2017 with a net income of slightly more than $107,000. . “LifeTouch Hospice has a wonderful reputation for providing high quality, patient-centered care, and we look forward to learning, growing and serving together for many years to come.” But the following year, it reported a more than $1.5

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Louisiana Hospice Owner Convicted in $1.5 Million Fraud Case

Hospice News

Justice Department, Angel Care enrolled 24 patients in hospice between 2009 through 2017 who did not meet Medicare eligibility requirements. Kristal Glover-Wing, the former owner of Louisiana-based Angel Care Hospice, has been found guilty of one count of conspiracy to commit health care fraud and three counts of health care fraud.

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LHC Group Remains an Active M&A Buyer Following Optum Deal

Hospice News

Q4 2022, for example, saw the slowest volume of PE acquisitions since late 2017, the M&A advisory firm Mertz Taggart reported. PE firms tend to finance their acquisitions by taking on debt, meaning that the flow of dollars may slow as borrowing gets more expensive.

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Bristol Hospice Appoints Alex Mauricio as New CEO

Hospice News

A major acquirer, Bristol has completed close to 20 deals since Webster purchased the company in 2017. Last year, Troy Backus became Bristol’s VP of mergers and acquisitions last October, after serving as the company’s vice president of business development since 2007.

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