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How CON Laws Influence Hospice Quality, Program Integrity

Hospice News

Variations in hospice certificate of need (CON) state laws are raising program integrity concerns. What ends up happening in states without CON is actually lower hospice utilization with way too many hospices in one service area, and often fragmented care without all four levels of hospice offered,” Ponder-Stansel told Hospice News.

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High Price Tags Pushing Addus Away from Hospice Acquisitions

Hospice News

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Hospice is still very expensive. Its hospice business brought in $50.6 in 2019.

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Queen City Hospice Expands in Rural Ohio with New Office

Hospice News

Ohio-based Queen City Hospice, an Addus Homecare (NASDAQ: ADUS) company, recently opened a new location in its home state. The new location in Fayetteville, Ohio, adds a central office in a rural region of the hospice’s service area that will reduce staff travel time. Centers for Medicare & Medicaid Services (CMS).

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How Proposed Cuts to Home Health Payments Could Impact Hospice M&A

Hospice News

Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. The most recent example is the 2020 implementation of the Patient-driven Groupings Model (PDGM). Companies like LHC Group (NASDAQ: LHCG), Amedisys Inc.

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St. Croix Acquires Corpore Sano Hospice in Michigan

Hospice News

Croix Hospice has acquired Corpore Sano Hospice in Plymouth, Mich., In addition to a spate of acquisitions, the Minnesota-based hospice provider has launched four de novos thus far in 2022. In addition to a spate of acquisitions, the Minnesota-based hospice provider has launched four de novos thus far in 2022.

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Hospice Length of Stay: Balancing Patient Needs Against Regulatory Compliance

Hospice News

Though evidence shows that longer hospice stays reduce costs, providers are still walking a regulatory tightrope. On one hand, longer hospice stays can lead to improved patient and family satisfaction and greater cost saving opportunities. Are you in an outlier scenario with your data that Medicare contractors are looking at?

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Alivia Care CEO: The ‘Right Way’ to Care for the Seriously Ill

Hospice News

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. And with hospice, it’s a good way to get a pipeline soon. Unlike hospice, I’ll take PACE, for example. But you need a certain size and scale.

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