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Federal Judge Hands Down Prison Sentences in Hospice Fraud Case

Hospice News

Justice Department has sentenced two individuals linked to California hospices on alleged False Claims Act violations, among other charges. Gayk Akhsharumov, manager and owner of San Gabriel Hospice & Palliative Care and Broadway Hospice, received a sentence of one year and one day in prison and was ordered to pay close to $9.2

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4 Key Trends for Hospices to Watch in 2024

Hospice News

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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Justice Department Indicts 3 Suspects on Hospice, PPP Fund Fraud

Hospice News

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.

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What New Allegations that HCA Healthcare Pressured Patients Mean for Hospices

Hospice News

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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Amazon Reportedly Bids to Acquire Signify Health

Hospice News

The company’s complex care management program mirrors the interdisciplinary palliative care model, including symptom management, addressing psychosocial needs, advance care planning, and social determinants of health. None of the companies are commenting to the media about a potential sale or bids. Signify earned $246.2

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

A coalition of hospice industry organizations recently urged the U.S. Centers for Medicare & Medicaid Services (CMS) to examine the issue and to consider actions like targeted moratoria on licenses. The agency will also implement a hospice program complaint hotline through which the public can report issues to CMS.

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Hospital, Health System Activity Creating ‘Very Disruptive Point’ in Hospice M&A Landscape

Hospice News

In part, the trend of more hospitals and health systems in hospice is a response to growing demand and strain on acute care services. More health systems are looking to expand into community-based hospice and palliative care to complement existing offerings while creating new care delivery channels. Baton Rouge, Louisiana.-based

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