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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

Medicare reimbursement is the lifeblood of hospice providers, and a clear understanding of policies like budget neutrality can help elucidate the payment systems that keep their businesses running. The clearest example of how this works was the 2020 rebasing of payments for the four levels of hospice care.

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Hospices Acquired by PE Firms, Publicly Traded Companies See Increases in Dementia Patients

Hospice News

Researchers analyzed data on hospice acquisitions between 2013 and 2020 to compare changes in sites of care or patient population compared to other for-profits that did not undergo a transaction. A little more than 20% of hospice decedents in 2020 suffered from dementia, up from 18.5%

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Hospice Length of Stay: Balancing Patient Needs Against Regulatory Compliance

Hospice News

Are you in an outlier scenario with your data that Medicare contractors are looking at? Centers for Medicare & Medicaid Services (CMS) and the U.S. In 2020, the average length of stay for Medicare patients enrolled in hospice was 97.0 according to the Medicare Payment Advisory Commission.

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VITAS Community Access Program Spurs Upward Trend, but Staffing, COVID Headwinds Still Sting

Hospice News

Since 2020, the company has been beleaguered by the staffing shortage, reduced lengths of stay, and disruption in skilled nursing, senior housing, and to some extent acute-care referrals. These factors, along with the return of Medicare sequestration, have contributed to declining revenues. from the prior year.

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CommCare Expands with Notre Dame Hospice, Home Health Acquisitions

Hospice News

CommCare’s purchase of Notre Dame’s home health and hospice operations marks the transaction of this divestiture Its nursing home services are next in line as part of a separate deal set to close in 2023. For us, home health is a new business that we believe has great future potential.”. currently, according to the U.S.

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How Hospice, Behavioral Health May Cross Paths

Hospice News

Many people living with serious medical illnesses also suffer from comorbid behavioral health issues,” the Center to Advance Palliative Care (CAPC) indicated in a 2020 report. Chicago-based Oak Street Health consists of a network of value-based primary care facilities that serve upwards of 145,000 Medicare beneficiaries across 21 states.

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Amedisys Eyes Palliative Care Expansion Via Contessa Joint Ventures

Hospice News

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. Company-wide, Amedisys saw its net service revenue rise to $545.3 million in Q1, compared to $537.1