Hospice News
OCTOBER 20, 2023
It also adds home health capabilities to Compassus’ operations in central Tennessee, where the company already offers hospice services. “In Close to 41,000 Medicare decedents in Tennessee elected hospice in 2021, according to the U.S. Centers for Medicare & Medicaid Services (CMS).
Hospice News
AUGUST 29, 2022
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).
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Hospice News
MAY 10, 2023
Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. Potential shifts in home health reimbursement are also driving the company’s M&A decisions, Poff stated during an earnings call earlier this year. Proposed changes could make home health deals more attractive, he indicated.
Hospice News
NOVEMBER 4, 2022
The pendulum of investor interest has swung hard into the hospice market in recent years, but shifts in reimbursement could steer buyers towards home health. Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice.
Hospice News
APRIL 28, 2022
Sinai partnership marks Contessa’s first risk-based palliative care contract, which is reimbursed through Medicare Advantage. With this in place, the company now offers a full continuum of home-based care. million in 2020. Chris Gerard sees palliative care as really the linchpin of the businesses.
Hospice News
JULY 26, 2022
There were roughly 66 hospice transactions in 2020 and 67 in 2021. It’s down a bit by about 10% – 11% in the first half of this year compared to the same period in 2021 as some of the investor focus shifts to home health. I’m also anxious to see the results coming out with the Medicare Advantage hospice carve-in.
Hospice News
MAY 2, 2022
In November of 2020, I lost my mom to pancreatic cancer. We were able to bring her home. She wanted to come home with me, and I was able to get hospice started for her right away. That makes people hesitate to use our services when they don’t understand that hospice is funded through Medicare and Medicaid.
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