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How 3 Hospice Companies Are Beating the Workforce Shortage

Hospice News

hospice providers have the same problem — a workforce shortage — many seek to address it using unique solutions. Worsening workforce shortages have been keeping hospice leaders awake at night for several years running. Hospices, in turn, have taken new steps to gain or keep their staff, particularly clinicians. Though most U.S.

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How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring

Hospice News

The gestation of Texas-based VitalCaring has been years in the works, but it built its clinical foundation around July 2021, when its three principal owners — Anthony and the private equity firms Vistria Group and Nautic Partners — purchased an undisclosed home health agency in Louisiana. My roots are in home care. NYSE: EHAB).

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How Hospices Can Rebrand Post-Merger, Acquisition

Hospice News

Rebranding a hospice company following a merger or acquisition is a more complex process than it may seem at first blush. While consolidation slowed in 2023, many industry observers expect a rebound in 2024, though perhaps not to the record-breaking levels seen in 2021.

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4 Key Trends for Hospices to Watch in 2024

Hospice News

Hospice operators in 2024 are navigating a rapidly transforming environment. The prior three years have laid the groundwork for change, particularly in the regulatory space as well as gradual migration towards value-based reimbursement and in tandem, the proliferation of business lines beyond hospice.

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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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1Care’s COO: Executives with Bedside Experience Give Hospices a Competitive Edge

Hospice News

Hospice executives with a nursing background can bring unique competitive advantages. This has been the case for Nevada-based 1Care Hospice & 1Care Kids, particularly as they contended with the pandemic and widespread workforce shortages, according to COO Eddie Belluomini. 1Care was their first venture.

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Justice Department Indicts 3 Suspects on Hospice, PPP Fund Fraud

Hospice News

Justice Department has indicted three individuals who are linked to California hospices on alleged False Claims Act violations, among other charges. Karen Sarkisyan, Gayk Akhsharumov, and Babken Chalkadryan, of San Gabriel Hospice & Palliative Care and Broadway Hospice were each charged in the U.S

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