Hospice News
FEBRUARY 26, 2024
While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers. The close of the years also saw some earnings stabilization among publicly traded companies. These relationships can help generate cost savings and bolster hospices’ bargaining power.
Hospice News
MARCH 8, 2024
Alivia Care emerged in 2020 when Community Hospice & Palliative Care, now an affiliate, formed a larger company with a wider range of services. Headquartered in Jacksonville, Florida, the nonprofit hospice and palliative care provider has since expanded its geographic reach across the Southeast region to include Georgia.
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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 utilization.
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
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
MARCH 20, 2023
.” – Jim Palazzo, CEO, Transitions Care “I was interested in PACE services just because of the similarity that it has to hospice care and the need that it fills, often for some of the poor folks in a community. Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries.
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