Hospice News

MARCH 4, 2024

The hospice component, which launched in 2021, is part of the larger VBID demonstration, which covers a wider breadth of the health care continuum and is slated to continue until 2030. CMS will not accept applications to the previously released CY 2025 Request for Applications for the Hospice Benefit Component of the VBID Model.”

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Hospice News

JANUARY 12, 2024

The 2021 aggregated Medicare hospice margin was 13.3%, according to MedPAC. Hospice stays that extended beyond six months generated the highest percentage of savings at 11%. The commission projected an aggregate 2024 margin of 9%. billion in Medicare savings for patients in the last year of life, a 3.1%

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Hospice News

FEBRUARY 8, 2024

In 2021, the state enacted two hospice reform laws — Senate Bill 664 and Assembly Bill 1280 — designed to strengthen oversight, including a moratorium on new licenses and an extensive audit of California’s licensing and oversight processes. Some individuals also hold management positions at several of these hospices simultaneously.

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Hospice News

MAY 5, 2023

Case in point, Arizona home health locations that Pennant purchased in 2021 saw year-over-year revenue increases of 48% within four quarters of sealing the deal. The company earned $126 million in revenue during Q1, up 11% from $12.6 Pennant has 11 more CEOs in training, and “many more in the pipeline,” Guerisoli said.

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Hospice News

JULY 19, 2023

Desai also served as president and CEO of Optum Pacific West between 2021 and 2022. All told, 11 executives and division leaders have exited roles at the company since March, according to a report from Beckers Hospital Review. This is not the first role Desai has held with the company.

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Pallimed

SEPTEMBER 12, 2022

In September 2021, Pallimed published our second commentary, which focused on the astonishing disclosure of an important conflict-of-interest (COI) by Dr. Roger Chou (5), who co-authored the 2016 Guideline, calling its integrity into question (4, 5). A moral panic can effectively sway public opinion to force a shift in public policy (9-11).

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Hospice News

MARCH 30, 2023

The collaborative began with three hospice members and now includes 11 affiliates. In 2021, close to 80,150 Medicare beneficiaries in Ohio utilized the hospice benefit, according to the U.S. The UCH partnership will also include Pure Healthcare, the palliative care and supportive services arm of Ohio’s Hospice, established in 2020.

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Hospice News

MARCH 15, 2023

During Q3 last year, for example,, the company saw diminished clinical capacity at 11 hospice locations as it battled workforce pressures. The company saw steady improvement last year on a quarterly basis, but volume continued to fall short of 2021 numbers. However, this number was down from 17 in Q2. increase sequentially, but a 1.2%

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Hospice News

MARCH 15, 2024

Only three hospice deals took place in the third quarter of this year compared to 11 in Q3 2022 and 18 in the same period in 2021, according to data from the M&A advisory firm The Braff Group. Overall transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years.

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AAHPM (American Academy of Hospice and Palliative)

NOVEMBER 9, 2021

The 2022 State of the Science in Hospice and Palliative Care will also be taking place in-person in Nashville, TN, February 11-13, co-located with the Annual Assembly. AAHPM will be holding the final Virtual Career Fair of 2021! The retreat was a huge success. Mark your calendars to participate in the November 12 career fair.

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Hospice News

NOVEMBER 1, 2023

Though each of the 23-hospice specific CoPs will continue to have equal weight when it comes to Medicare certification and enforcement decisions, CMS is giving “special attention” to 11 CoPs. The agency contends that a condition-level deficiency on any of these rules may indicate that a hospice is providing poor quality care.

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Hospice News

AUGUST 31, 2022

The JV went on to sell operations in 22 states , including 11 hospice locations to LHC Group Inc. NASDAQ: LHCG) toward the end of 2021, retaining those that fell within HCA’s hospital footprint. Now, the joint venture has attached former Brookdale hospice and home health locations to St.

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Hospice News

JULY 7, 2022

older adults represent the fastest-growing age segment of the homeless population, with nearly half of all older homeless people becoming homeless for the first time after age 50,” a 2021 report from the advocacy group Justice in Aging indicated. As of 2021, 2.7% “In many parts of the U.S, As many as 6.4 For about 8.6

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Hospice News

MAY 16, 2022

Often called the Medicare Advantage hospice carve-in , the VBID demonstration project took effect January 1, 2021. The collaborative began with three hospice members and now includes 11 organizations. . “This would allow for greater flexibility than the current Medicare model provides.” .

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Hospice News

JUNE 27, 2022

As of 2021, 67% of individual plans offered support related to meals, as well as 69% of special needs plans, according to the Kaiser Family Foundation. Analysis by the consulting firm ATI Advisory found that the number of health plans offering home-based palliative care coverage jumped to 134 in 2021, up from 61 in 2020.

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AAHPM (American Academy of Hospice and Palliative)

JANUARY 6, 2022

The early bird registration rate was extended to January 14 at 11:59pm CT to allow for additional time in booking travel and determining how registrants would like to participate, in-person in Nashville or virtually. Congratulations to the new board and committee members! The full educational schedule for the Annual Assembly was released.

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Hospice News

AUGUST 10, 2023

When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We It wasn’t too long ago when Aveanna Healthcare Holdings Inc. NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations.

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Hospice News

FEBRUARY 26, 2024

Only three hospice deals took place in the third quarter of this year compared to 11 in Q3 2022 and 18 in the same period in 2021, according to data from the M&A advisory firm The Braff Group. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years.

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Evidence-Based Nursing - BMJ blogs

JUNE 25, 2023

The State of the World Midwifery Report for 2021 is a call to action that emphasises the necessity of giving midwives the knowledge and abilities they need to deliver high-quality care and of improving the standard of midwifery education in low- and middle-income nations.

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Hospice News

APRIL 7, 2023

An estimated 1 in 13 children experienced such a loss before adulthood in 2022, up from an average of 14 in 2021, according to annual CBEM reports from the Judi’s House/JAG Institute. Around 1,192 children became “newly bereaved” each day in 2021 due to the death of a sibling or parent, the 2023 CBEM report found.

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Hospice News

JUNE 9, 2023

Driving these conversations is the need to lighten the nation’s heavy health care spend, which in 2021 reached $4.3 The World Health Organization (WHO) projects that the number of dementia patients worldwide will rise 40% between 2021 and 2050. trillion , according to the U.S. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

AUGUST 17, 2023

In 2021 alone, more than 1.7 Despite years of scrutiny over the duration of hospice care, recent data show that longer stays reduce health care costs in the last year of life by as much as 11%, according to a joint report , from NHPCO, the National Association for Home Care & Hospice (NAHC) and NORC at the University of Chicago.

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Hospice News

NOVEMBER 1, 2022

million in the third quarter, a rise of 11% compared to the same period in 2021. Last month it acquired Chicago-based Apple Home Health, Ltd. for an undisclosed sum. Company-wide revenues reached $240.5 Hospice brought in $51.4 million during Q3, representing nearly a quarter (21.4%)of of the company’s overall revenue. This was a 31.4%

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Daily Nurse

JANUARY 15, 2024

This Mayo Clinic study from 2021 surveyed the pandemic’s impact on clinicians. Analysis from 2022 found that the total number of registered nurses decreased by more than 100,000 between 2020 and 2021 –the most significant observed drop in the past 40 years. And after Covid-19, they’re walking away from the bedside.

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Hospice News

JANUARY 19, 2024

Only three hospice deals took place in the third quarter of this year compared to 11 in Q3 2022 and 18 in the same period in 2021, according to data from the M&A advisory firm The Braff Group. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years.

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Hospice News

NOVEMBER 2, 2022

The company’s consolidated net service revenue dropped 3% from Q3 2021 to $265.7 The number of hospice locations seeing diminished capacity shrunk to 11 in Q3, down from 17 in Q2. “And now especially, we’ve added staff availability when we’re looking at markets. That’s a critical success factor.”.

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Hospice News

MAY 10, 2023

Hospice multiples broke records in 2020, 2021 and 2022, reaching as high as 29x. million during the first quarter, an 11% year-over-year rise. High valuations in the hospice market have been among the deterrents for seeking acquisitions in the hospice space, Addus executives previously indicated. Addus’ overall revenue reached $251.6

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Hospice News

NOVEMBER 17, 2022

During Q3, hospice M&A remained slow compared to 2021, according to a report from M&A advisory firm Mertz & Taggart. Overall, 11 hospice transactions were completed in the third quarter, down from 24 deals that closed during the same period last year, according to the report.

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Hospice News

MAY 9, 2022

About 41% of adults reported symptoms associated with anxiety and depressive disorder in 2021, compared to 11% during 2019, reported the Kaiser Family Foundation. Adults nationwide have experienced increased levels of stress, anxiety and depression since COVID-19’s onset. last year, up from 9.2%

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Hospice News

OCTOBER 5, 2022

Apple offers home health, skilled nursing and rehabilitative therapy services to 450 patients daily across 11 counties in and around the Chicago area. Addus in 2021 opened a $600 million revolving line of credit with Capital One Financial Corp. NYSE: COF) as the lead arranger and administrative agent.

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Hospice News

NOVEMBER 27, 2022

A leading cause of fraud involves hospices billing Medicare for services for which patients were not eligible, according to a 2021 report from Bass, Berry, & Sims. In response to the 2019 OIG reports, Congress included hospice quality checks amid the requirements established by the Consolidated Appropriations Act of 2021.

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Healthcare Law Insights blog

MARCH 12, 2024

for Disease Control Prevention, Youth Risk Behavior (2011 – 2021), [link]. [3] for Disease Control Prevention, Vital Statistics Rapid Release: Provisional Drug Overdose Death Counts (2021), [link] (last visited March 6. 3] And, that same year, “[m]ore than 16% of people aged 12 and older in the U.S. Sheridan, et al., 5] 29 C.F.R.

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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. Deal volume is definitely down this year over the past few record-setting years.

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Hospice News

MARCH 29, 2023

However, those numbers fell by nearly five days in 2021 to 92.1, Recent data show that hospice stays of six months or longer can reduce health care costs in a patient’s last 12 months by as much as 11%. days during the same period in 2021. That number reached 92.5 according to the Medicare Payment Advisory Commission.

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Hospice News

MAY 30, 2023

The number of hospices operating nationwide rose to 5,3,58 in 2021, according to the Medicare Payment Advisory Commission. The organization launched with three hospice members and has since grown to include 11 affiliates, with Hospice of Morrow County as its newest addition in July 2021.

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Hospice News

MAY 10, 2022

These numbers don’t include Pennant’s 11 transactions in 2021. . million from Q1 2021. from Q1 2021. Case in point, the 15 deals the company completed in 2020 collectively grew EBITDA by 51.7% million during the first quarter of 2022, Chief Operating Officer John Gochnour indicated in a first quarter earnings report.

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Hospice News

JANUARY 2, 2023

11, 2023, but will likely be extended through at least April. In 2021, around 200 of the organization’s volunteers provided 1,448 visiting hours that supported patients, caregivers and family members, they reported. The PHE is currently set to expire on Jan. Volunteers fill care delivery gaps, generate savings.

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