Hospice News

JANUARY 8, 2024

Of the estimated 60-plus hospice transactions that occurred during 2021, at least 39, or 65%, were private-equity based, a rise from 56% in 2020, according to The Braff Group. These numbers are a far cry from the record-breaking PE volume of prior years. One major contributing factor to the exit-deal slump is rising interest rates.

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Hospice News

MARCH 8, 2023

Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Across its business segments, the company plans to grow 10% annually through acquisitions, Allison indicated. The national hospice utilization rate did take an uncharacteristic dip in 2020, to 47.8% This is in addition to anticipated organic growth.

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Pallimed

JANUARY 18, 2021

I have been following 14 Twitter accounts, 10 Facebook Pages, and 3 Instagram accounts for palliative care journals. While Supportive Care in Cancer has been around for a while, it is new to Twitter, and has already been gaining followers at a rapid pace since debuting in Fall 2020. pic.twitter.com/CEFrLKmLmr — Erin D.

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Hospice News

JULY 1, 2022

Encompass announced the strategic repositioning of its home health and hospice segment in December 2020. Enhabit has set its sights on increasing hospice admissions by 10% to 15% during 2022, as well as 10% for home health. The new company expects to earn nearly $1.08 billion to $1.12

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Hospice News

JUNE 7, 2023

of roughly 100 heart failure patients admitted to the West Haven, Connecticut-based VA hospital between October 2019 and September 2020, according to the study’s findings , recently published in the BMJ Supportive & Palliative Care journal. Palliative care was utilized by 6.5%

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Hospice News

JULY 6, 2023

Everybody sold in 2020, 2021 or the first two quarters of 2022, so there’s just not a lot of inventory out there. Federal Reserve has raised interest rates aggressively during the past 2022 — 10 consecutive increases totaling more than five percentage points — a pace unseen since the 1980s. 1 is scarcity.

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Hospice News

AUGUST 29, 2022

The most recent example is the 2020 implementation of the Patient-driven Groupings Model (PDGM). Uncertain about how this new payment system would impact their businesses, a number of strategic buyers shifted their 2020-2021 M&A pipelines towards their hospice segments. “At

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Hospice News

NOVEMBER 6, 2023

As of 2020, Miami-based VITAS is the nation’s largest hospice provider by market share, operating 50 locations in 14 states. Mark Hayes, senior vice president of operations, VITAS Hayes has been with VITAS for 10 years and previously served as a general manager. VITAS Healthcare, a subsidiary of of Chemed Corp.

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Hospice News

SEPTEMBER 5, 2023

Amedisys began receiving calls from suitors as far back as 2020, including UnitedHealth Group. At that time, the Amedisys board believed that remaining independent was the best course, according to an August 10 filing with the U.S. ownership of the combined business with the ability to appoint three members to a 10-member board.

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Hospice News

NOVEMBER 22, 2023

Rates in the United States are high among those in the same age group, with 1-in-10 seniors abused annually, or nearly five million Americans, a National Institute of Justice study found. An estimated 1-in-24 cases of elder abuse and neglect go unreported annually in the United States, a 2020 Elsevier study found.

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Daily Nurse

JANUARY 15, 2024

Analysis from 2022 found that the total number of registered nurses decreased by more than 100,000 between 2020 and 2021 –the most significant observed drop in the past 40 years. Stress, burnout, and heavy workload. Nurses who are leaving the bedside aren’t retirement age. Many were under 35 and employed in hospitals [4].

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Evidence-Based Nursing - BMJ blogs

OCTOBER 22, 2023

Whilst preterm infants are known to tolerate vaccination and make a response which is considered to infer protection (9) it is recommended that extremely preterm infants undergo a period of monitoring post-vaccination due to an increased risk of apnoeic events (10). Available online: [link] [Accessed 06/10/2023]. 10(8); 583.

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Hospice News

JULY 19, 2023

As of 2020, those individuals represented only about 10% of Medicare decedents who elected hospice, according to the National Hospice & Palliative Care Organization (NHPCO). The number of people who suffer from heart failure is expected to rise by 46% between 2012 and 2023, the American Heart Association (AHA) reported.

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Hospice News

FEBRUARY 21, 2023

In another example, Hospice Care of South Carolina has been using predictive analytics to risk-stratify patients since at least 2020. When asked which areas offer hospice operators the greatest chance for cutting costs in 2023, about 4 in 10 respondents identified “agency processes optimization and automation.”

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Hospice News

FEBRUARY 27, 2024

Alivia Care came into existence in 2020 when Community Hospice & Palliative Care, now an affiliate, formed a larger company with a wider range of services. Many mature programs have had their participants with them for 10 or 15 years, and you’re managing them to keep them in the community out of the hospital.

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Minority Nurse

APRIL 15, 2024

The EMTs Will Render Aid When They Arrive EMT arrival highly depends on traffic, weather, and location, with 1 in 10 people waiting more than 30 minutes for an ambulance. Even response times of fewer than 10 minutes may be too late when someone has suffered a heart attack. Survival rates decrease 7-10% every minute CPR is delayed.

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Hospice News

JULY 8, 2022

Among patients who received inpatient discharge instructions indicating hospice, nearly 1 in 10 did not enroll within 30 days of leaving the hospital, according to recent research from Trella Health. The company used data from the last quarter of 2020 and the third of 2021. Case in point, the U.S.

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Hospice News

JANUARY 13, 2023

Fleece came to Empath via its 2020 merger with Stratum Health, where he had been CEO. The company is partnering with 10 other post-acute care providers to form the Accountable Care Organization (ACO), Responsive Care Partners, including several hospice and palliative care operators.

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Hospice News

DECEMBER 6, 2023

Of the estimated 60-plus hospice transactions that occurred during 2021, at least 39, or 65%, were private-equity based, a rise from 56% in 2020, according to the Braff Group. These numbers are a far cry from the record-breaking PE volume of prior years. One major contributing factor to the exit-deal slump is rising interest rates.

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Hospice News

DECEMBER 5, 2022

The transactions come after the Archdiocese of New Orleans filed for Chapter 11 bankruptcy in May 2020 and announced shortly after that it would be selling off a portion of its 2,500 rental low-income senior living, according to local news.

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Hospice News

FEBRUARY 1, 2024

The company merged with Illinois-based Seasons Hospice & Palliative Care in 2020. The Virginia-based nonprofit hospice operates eight thrift stores across its 10-county service region in the state. Established in 1981, Blue Ridge offers hospice, palliative care and community grief support services.

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Hospice Law Blog

AUGUST 12, 2019

On August 6, 2019, CMS finalized its 2020 hospice rule , including adopting, without substantial modification, two controversial and material changes to the hospice benefit: Rebasing payment rates to shift about $500 million from routine care to enhanced levels of care including general inpatient, continuous, and respite care.

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Hospice News

JUNE 14, 2023

Nearly 3 in 10 American adults who take prescription drugs say that they have skipped doses, cut pills in half, or not filled prescriptions due to cost.” A second order, issued in November 2020, would have eliminated certain rebates between drug companies and pharmacy benefit managers and some health plan sponsors.

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Hospice News

APRIL 22, 2022

The new 10-bed inpatient unit is located on the second floor of the medical facility and features a home-like environment for patients and their families. Francis, the organization rebranded in 2020 to reflect its expanded scope of community-based services in an area with a growing need for serious illness and end-of-life care.

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Hospice News

DECEMBER 2, 2022

The article begins with a rehash of the AseraCare False Claims Act (FCA) and anti-kickback lawsuit which was filed in 2008 and settled in March of 2020. As New Yorker/ProPublica reported, hospice became a $22 billion industry in 2020. The court actually ruled in favor of AseraCare, with the stipulation that the U.S.

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Hospice News

NOVEMBER 15, 2022

OIG is currently reviewing payments released during Phase 1 of the PRF, which distributed roughly $50 billion to Medicare-certified providers in 2020. These first steps into OIG’s auditing process cover about $48 billion of funds dispersed to 323,498 providers between April 10 and December 17, 2020.

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Hospice News

OCTOBER 4, 2022

In 2020 the company partnered with the investment firms Trive Capital and Coltala Holdings to widen its reach as a post-acute care company. During 2021, Choice completed 10 transactions within the home health and hospice space. “We have plans in those states within the next two quarters to really expand our footprint.”.

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Hospice News

DECEMBER 12, 2022

The sale of LHC Group “never would have crossed anyone’s mind five or 10 years ago, but here we are,” Kulik previously told Hospice News. It’s indicative that business is not as usual – at least as it was seen 10 years ago.”. million respectively in 2020 alone, according to a study published in The Lancet. Enhabit Inc.

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Hospice News

JANUARY 1, 2024

Alivia Care came into existence in 2020 when Community Hospice & Palliative Care, now an affiliate, formed a larger company with a wider range of services. The agency intends for the 10-year demo to expand and enhance care management and care coordination. Primary care is where it’s at.”

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Daily Nurse

MARCH 11, 2024

In coordination with the AONL Foundation and Joslin Insight, five longitudinal studies have been conducted since 2020. The largest cohort of nurse leaders reporting intent to leave exists in the C-Suite with 15% of CNOs/CNEs planning to leave their positions within the next six months, contrasting with 12% of managers and 10% of directors.

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AlayaCare

DECEMBER 20, 2020

Among the many themes demonstrated by the year 2020 , we know now more than ever that , technology is now imperative to the delivery of ho me care. These tech trends are certain to continue – because they work.

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AlayaCare

DECEMBER 21, 2020

Among the many themes demonstrated by the year 2020 , we know now more than ever that , technology is now imperative to the delivery of ho me care. COVID-19 has accelerated the pace of change in an industry that was already experiencing waves of change ; as we wrote back in the spring , it felt like we’d done 10 years of work in 10 days.

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Hospice News

MAY 30, 2023

Since 2020, the organization has more than doubled its hospice footprint, including two new affiliations in 2022 — Cornerstone Hospice & Palliative Care and Hope Healthcare — and one so far in 2023, Capital Caring Health. In 2020, it merged with fellow nonprofit Stratum Health, thus expanding its footprint and scope of services.

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Hospice News

SEPTEMBER 24, 2022

Historically, caseloads for hospice nurse case managers have hovered around 10 to 12 patients, but these numbers have been trending upwards. These staffing woes have long plagued the hospice industry, but have only worsened since COVID-19 hit the United States in 2020. Whereas once that increases, you can no longer maintain that.

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Hospice News

MAY 26, 2022

Enhabit filed a Form 10 registration with the U.S. Encompass announced the strategic repositioning in December 2020. The move will reduce the company’s operating expenses by approximately $10 million and will likely benefit shareholders. Securities and Exchange Commission, a necessary step to trade on an exchange.

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Hospice News

JULY 12, 2022

The company’s admission growth rate from new joint ventures has consistently been between 10% and 15%, Proffitt recently reported at the JP Morgan Healthcare Conference. “We Quarter-over-quarter, our joint ventures outpaced our wholly-owned locations throughout the year of 2020, ending up in Q4 at 17.5%

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Hospice News

JANUARY 25, 2023

In December 2020, the company merged with Illinois-based Seasons Hospice & Palliative; it has since consolidated this subsidiary, along with six others, under the company’s main brand. But if you look at it right now, we’re in 10 of the top 10, Medicare Savings Accounts (MSAs) is in the country.

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