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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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Incoming Samaritan CEO Phillip Heath: Reduce Dependence on Medicare

Hospice News

A veteran of the senior services sector, Health has spent his 30-year career as a leader of hospice, senior housing, long term care, and PACE programs, in addition to a stint as a health care lobbyist. As a hospice leader, what are some of the things that have been keeping you up at night? And we see that in the hospice.

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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

Since its implementation in July 2022, VITAS has bolstered its ranks with 275 newly hired licensed clinicians, including 103 during Q4, the company reported. For some of those other metrics, results were mixed for both Q4 and full-year 2022. jump from assisted living facilities. from Q3 2022. in Q4, along with a 2.7%

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Regulatory Focus in Hospice Giving Buyers Pause in M&A Deals

Hospice News

Regulatory attention heating up in the hospice industry could be impacting buyers’ decisions/how buyers move forward with mergers and acquisitions in the space. The nuances involved in the regulatory environment around hospice can be difficult to navigate for private equity and venture capital investors that are new to the industry.

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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 — and its pipeline of forthcoming acquisitions — to offset the impact of continuing labor headwinds. The average daily census for Pennant’s hospice segment for the third quarter was 2,293, up 0.4% sequentially.

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M&A Buyers Scour Hospice Financials for Compliance Risks

Hospice News

Buyers in a hot hospice M&A market are bringing compliance under a microscope as regulators keep a tight watch. All hospice transactions undergo some type of compliance review. But there’s nothing routine about these reviews in today’s current hospice regulatory environment. This includes the U.S.

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