Hospice News
NOVEMBER 14, 2022
This year brought the return of Medicare sequestration, and pandemic-driven disruption in referral streams are lingering. in the same period of 2021, according to research by Scott Fidel, analyst for Stephens. The company saw a 10.6% days in Q3, compared to 96 days in Q3 2021.
Hospice News
FEBRUARY 26, 2024
While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers. 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
APRIL 1, 2024
Central District Court of California with conspiracy to commit wire fraud, wire fraud, conspiracy to commit health care fraud, health care fraud, conspiracy to commit money laundering and money laundering for their roles in an alleged scheme to submit false Medicare claims. Justice Department indicated in a statement.
Hospice News
JANUARY 31, 2024
The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. Centers for Medicare & Medicaid Services (CMS)] implements that. That keeps me up at night.
Hospice News
OCTOBER 26, 2022
Karen Sarkisyan, Gayk Akhsharumov, and Babken Chalkadryan, of San Gabriel Hospice & Palliative Care and Broadway Hospice were each charged in the U.S The Justice Department is now investigating allegations of widespread fraud in how some of those funds were used, as well as possible instances involving the Provider Relief Fund.
Hospice News
AUGUST 22, 2022
Rumors that the company would come up for sale began circulating earlier this month following reports from the Wall Street Journal, which also reported that Amazon was in the running as a buyer. None of the companies are commenting to the media about a potential sale or bids. Signify earned $246.2
Hospice News
JUNE 22, 2023
SEIU analyzed Medicare claims data showing that the average hospice transfer rate among HCA hospital discharges was nearly 40% above the national average in 2021 and represented a 50% growth rate over four years. During the past several years, HCA has closed a number of home health and hospice acquisitions. More than 1.72
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