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Memory Care Residents See Higher Mortality, Hospice Utilization Rates

Hospice News

Patients in assisted living-based memory care facilities have higher mortality rates and are more likely to enroll in hospice, a new study indicates. In Fiscal Year 2022, 7.5% million hospice recipients were diagnosed with Alzheimer’s disease, 6.8% Hospice utilization was 8% and 10.6%

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Hospices See Growth Opportunities with Physician Offices, Memory Care

Hospice News

Hospice providers are increasingly focused on memory care settings and physician offices as referral sources. Though many hospices see facility-based care as their primary referral engines, a growing base of providers are seeking ties to community-based organizations to increase access and utilization this year. Among those, roughly 6.7

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VITASĀ  CEO Westfall: Market Conditions More Favorable for Hospice Acquisitions

Hospice News

NYSE: CHE) recently announced its first deal in several years, the $85 million purchase of hospice assets from Covenant Health. Even during the record-high flurry of M&A activity between 2019 and 2022, the company abstained from making deals. Changes in the marketplace have made further acquisitions by VITAS Healthcare more likely.

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HCP Report: Consumer Word of Mouth the Top Hospice Marketing Source

Hospice News

When it comes to marketing a hospice or home health business, word of mouth among consumers may be more critical than many realize ā€” generating as much as 36% of revenue. Government programs, internet search engines, assisted living operations and hospital discharge planners rounded out the top five with percentages ranging from 7.5%

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Frontline Honors: Richard Honzel, Angels Grace Hospice, LCC

Hospice News

Richard Honzel, Hospice Admission Nurse for Angels Grace Hospice, LLC, has been named a 2022 Frontline Honors honoree by Hospice News. Hospice News caught up with Honzel to discuss their time in the hospice care industry. HSPN: What drew you to the Hospice Care industry? It simply canā€™t be rushed.

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M&A, Referral Uptick to Bolster Pennant Amid Labor, Census Headwinds

Hospice News

The Pennant Group (NASDAQ: PNTG) expects emerging rebounds in skilled nursing and assisting living ā€” and its pipeline of forthcoming acquisitions ā€” to offset the impact of continuing labor headwinds. The average daily census for Pennantā€™s hospice segment for the third quarter was 2,293, up 0.4% sequentially.

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Enhabit Appoints General Counsel; The Denver Hospice Gets New Medical Director

Hospice News

Home health and hospice provider Enhabit, Inc. The companyā€™s more than 10,000 employees provide care from 105 hospice and 252 home health locations in 34 states. The company plans to deploy $50 to $100 million annually towards transactions, leaning 60% to 70% in the direction of hospice, Jacobsmeyer previously told Hospice News.