article thumbnail

New California Law Further Tightens Hospice License Oversight

Hospice News

1, 2021, and was slated to end either 365 days following associated reports from the California State Auditor, or when the provisions of last year’s new law expire in 2027. The halt on licensing took effect Jan.

2027 299
article thumbnail

The Alarming Trend of Seasoned Nurses Being Laid Off: Profits Over Patient Care? 

Minority Nurse

During the COVID-19 pandemic, the National Council of State Boards of Nursing (NCSBN) (2022) estimated over 100,000 registered nurses left the profession and predicted that another 800,000 nurses would follow them by 2027. According to the Joint Commission (2022), 1,441 sentinel events were reported in 2022, a 19% increase from 2021.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hospice Deals Paying Off for Pennant Group — With More on the Way

Hospice News

These numbers don’t include Pennant’s 11 transactions in 2021. . More than 20% of the state’s population will be Medicare eligible by 2027. 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 revenue gain during Q1, reaching $113.9

2027 130
article thumbnail

New California Law Imposes Moratorium on New Hospice Licenses

Hospice Law Blog

On October 4, 2021, California Governor Gavin Newsom signed California bill SB-664 “Hospice licensure: moratorium on new licenses” (the “ Bill ”) into law.

2027 52
article thumbnail

Medicare Advantage Transparency Efforts Could Impact Hospices

Hospice News

1, 2027, stipulating that MA plans submit beneficiary data such as the types of services received, provider identification, utilization rates and payments – including costs on both the payer side and the out-of-pocket costs for beneficiaries. If enacted, the proposed changes would take effect Jan.

Medicare 270
article thumbnail

How Psychedelics Could Change Palliative Care

Hospice News

billion industry by 2027, Forbes reported last July. There was a crescendo of investor interest that reached its peak in early 2021,” Lightburn said. The focus to date has been concentrated on three areas: mental health, palliative and end-of-life care. Psychedelics are also attracting substantial financial investment.