Hospice News
SEPTEMBER 12, 2022
Utah-based Canyon Home Health & Hospice recently acquired Uintah Home Health and Hospice for an undisclosed amount, growing its footprint in the Beehive State state. Uintah Home Health and Hospice patients began receiving services under the Canyon umbrella earlier this month.
Hospice News
AUGUST 17, 2023
Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., adding to its growing footprint in its home state. We are thrilled to announce our acquisition of Companion Care, Inc., Hospice utilization rates in Washington reached 45.5% Census Bureau.
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Hospice News
SEPTEMBER 19, 2022
While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of 2019, the U.S.
Hospice News
MARCH 4, 2024
Centers for Medicare & Medicaid Services will end the hospice component of the value-based insurance design model (VBID) as of Dec. Often called the “hospice carve-in,” the program was designed to test coverage of hospice care through Medicare Advantage, in addition to some coverage of palliative care and transitional care.
Hospice News
JULY 21, 2023
As federal regulators intensify their focus on hospices, operators may begin seeing an influx of Recovery Audit Contractor (RAC) activity. billion directly related to health care fraud abuse. Medicare hospice expenditures rise by about $1 billion annually, according to CMS. The president’s budget was approved for $2.5
Hospice News
DECEMBER 1, 2023
Wages for hospice clinicians continue to go up amid widespread staff shortages, but they grew at a slower rate in 2023 compared to the prior year. Nationally, hourly wages for hospice RNs reached $38.08 In addition to the base wage increases, a majority of hospice providers continue to offer bonuses.
Hospice News
APRIL 22, 2024
Three such organizations currently have deeming authority for hospices, The Joint Commission, the Accreditation Commission for Health Care (ACHC) and Community Health Accreditation Partner (CHAP). In 2022, for example, CMS revamped the hospice survey process as mandated by the Consolidated Appropriations Act of 2021.
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