Hospice News
APRIL 5, 2024
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% We find a higher mortality rate and higher rate of hospice use among memory-care residential care/assisted living residents,” the study authors wrote. “We
Hospice News
AUGUST 23, 2022
One is how can we continue to diversify our services and help more people in more ways — and second, looking at how we can reduce our dependence on Medicare reimbursement. I personally have aging parents, and they live in an assisted living environment. We want to make sure that we’re doing that.
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Hospice News
FEBRUARY 24, 2023
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%
Hospice News
NOVEMBER 8, 2022
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. Pennant is also starting to see occupancy rates improve among its skilled nursing and assisted living referral partners.
Hospice News
FEBRUARY 16, 2024
An estimated 82 million Americans will be 65 and older by 2050, a 47% increase from 58 million in 2022, according to the Population Reference Bureau. Skilled nursing and assisted living facilities were the top two opportunities for referral growth, according to more than half of the Hospice News survey respondents.
Hospice News
NOVEMBER 27, 2022
A leading cause of fraud involves hospices billing Medicare for services for which patients were not eligible, according to a 2021 report from Bass, Berry, & Sims. Some hospices have already begun seeing penalties from a rise in UPIC audit activity, including reimbursement suspensions or Medicare claim repayments.
Hospice News
AUGUST 25, 2022
Despite slowed intensity thus far in 2022 compared to previous years, the hospice sector has “remained active” and “still outpaces” other markets in health care, according to a recent report from Bass Berry & Sims. Centers for Medicare & Medicaid Services (CMS), the U.S. This includes the U.S.
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