Hospice News
SEPTEMBER 29, 2023
A federal judge has sentenced Jesus Virlar-Cadena, formerly a medical director for the Texas-based hospice company Merida Group, to 50 months in prison for his role in a $152 million scheme. The Texas Medical Board suspended his medical license in 2019, when he pleaded guilty to the fraud charges.
Hospice News
FEBRUARY 14, 2023
“If you think about how they’ve taken on strains in their capacity, these post-acute services – home health and hospice – they can get patients out of very expensive settings,” Klementz told Hospice News at the Home Care 100 Conference. Among the 1.6 Among the 1.6
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Hospice News
JANUARY 31, 2024
The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. Centers for Medicare & Medicaid Services (CMS)] implements that. That keeps me up at night.
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
You have to have that reverse engineer look at [hospice billing] in the financial model.”. Compared to other health care settings, hospices lack diversity in revenue streams such as private insurers and Medicaid funding. Through the hospice benefit, Medicare covers nearly 90% of a provider’s patient care revenue.
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.
Hospice News
JUNE 23, 2022
Medicare is going to set higher standards for nursing homes and make sure your loved ones get the care they deserve and expect.”. With these factors in mind, a rising number of patients are being cared for by PE-owned hospices. Even President Joe Biden called out PE investors during his State of the Union address this year. “As
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