Hospice News
APRIL 1, 2024
Central District Court of California with conspiracy to commit wire fraud, wire fraud, conspiracy to commit health care fraud, health care fraud, conspiracy to commit money laundering and money laundering for their roles in an alleged scheme to submit false Medicare claims. Justice Department indicated in a statement.
Hospice News
OCTOBER 26, 2022
Karen Sarkisyan, Gayk Akhsharumov, and Babken Chalkadryan, of San Gabriel Hospice & Palliative Care and Broadway Hospice were each charged in the U.S The Justice Department is now investigating allegations of widespread fraud in how some of those funds were used, as well as possible instances involving the Provider Relief Fund.
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Hospice News
JULY 3, 2023
The practice appears to stem from a rash of newly licensed hospices that have emerged in California, Nevada, Texas and Arizona. Some of these providers have secured licenses, as well as Medicare certification and, sometimes, accreditation. In that time frame, Nevada saw 56 newly certified hospices, and 369 emerged in Texas.
Hospice News
JUNE 22, 2023
SEIU analyzed Medicare claims data showing that the average hospice transfer rate among HCA hospital discharges was nearly 40% above the national average in 2021 and represented a 50% growth rate over four years. For one, hospice utilization has been on a steady upswing nationally for several years. told Hospice News.
Hospice News
DECEMBER 21, 2022
Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. Centers for Medicare & Medicaid Services (CMS).
Hospice News
JUNE 16, 2022
A total of 109 transactions in the hospice and home health space involved a hospital and health system from 2014 to 2021, according to market analysis data that The Braff Group shared with Hospice News. The number of deals in 2017 and 2018 hit 20 and 19, respectively, before slumping downward during the pandemic in recent years.
Hospice News
DECEMBER 12, 2022
Humana’s two Kindred at Home transactions added notches to the company’s belt as it expands its value-based care portfolio as both a provider and payer. The divestiture fits into Humana’s stated goal of raising its enterprise value by $1 billion , while building out its health care services and Medicare Advantage business.
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