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4 Key Trends for Hospices to Watch in 2024

Hospice News

Hospice aides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively. Providers have reported shortages among social workers and nonclinical staff as well. The close of the years also saw some earnings stabilization among publicly traded companies.

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5 Numbers that Shaped Hospice in 2022

Hospice News

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. Recruitment and retention costs now represent 30% of Hospice Savannah’s budget, Benton said.

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Hospice News’ Top 10 Stories of 2022

Hospice News

The following are the most-read Hospice News articles of 2022. #1 1 Social Workers Leaving Hospice, Health Care in Record Numbers (July 11). One seldom-discussed aspect of this year’s pervasive labor shortage was the number of social workers who had left the field.

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5 Most Game-Changing Hospice Deals from 2022

Hospice News

The company began as the fourth largest provider of Medicare-certified home health services and the 12th largest provider of Medicare-certified hospice services nationally. The new home health and hospice company expects to earn nearly $1.07 million respectively in 2020 alone, according to a study published in The Lancet.

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