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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. hospices between 2019 and 2020. Of those, about 73% were for-profit companies, and 24% were nonprofits.

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Hospices Stepping Up Performance on Visits-in-Last-Days-of-Life Measure

Hospice News

Social worker visits in the last days of life also rose to 9% in 2021, up from 7% in 2020. Centers for Medicare & Medicaid Services (CMS) has developed a financial incentive to foster better performance on the measure, the service-intensity add-on. In 2019, for example, the percentage was 66%. CMS introduced SIA in 2016.

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Facility-Bound Hospice Patients Less Likely to Get SIA Visits

Hospice News

Researchers analyzed 2020 claims data to identify associations between SIA utilization and hospice Medicare beneficiaries’ characteristics such as site of service, level of care and length of stay, among others. Centers for Medicare & Medicaid Services (CMS) introduced SIA in 2016.

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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. Things improved in 2020, the most recent year for which data are available, but not enough to put them in the black. million in 2020, according to its IRS 990s. But the following year, it reported a more than $1.5

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Koda Health Secures New Investments in Seed+ Funding Round

Hospice News

” Fofanova co-founded Koda Health in 2020 with the company’s CMO Dr. Desh Mohan and Katelin Cherry, the company’s chief technology officer. of 955, 777 Medicare decedents who died between 2017 and 2018 utilized these services, a JAMA Health Forum study found. Census Bureau. Only 10.9%

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CMS Issues Final Rule for MA Risk Adjustment Audits

Hospice News

Many hospice providers rely on Medicare Advantage (MA) reimbursement to support palliative care, PACE and social determinants programs, among others. Centers for Medicare & Medicaid Services (CMS) laid out its policy for validating MA plans’ risk adjustment data, which the agency uses to calculate capitation rates.

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Bristol Acquires Texas-Based Hospice Select

Hospice News

Bristol is a large multi-regional player that has grown seven times larger since private equity firm Webster Equity Partners purchased the company in 2017. The company completed nine acquisitions during 2020, two in 2021 and 16 in total since Webster purchased the agency. Bristol has been very active in the M&A market.

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