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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% 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

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Incoming Samaritan CEO Phillip Heath: Reduce Dependence on Medicare

Hospice News

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 have really focused on education and advocacy.

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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. Pennant is also starting to see occupancy rates improve among its skilled nursing and assisted living referral partners.

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Hospices See Growth Opportunities with Physician Offices, Memory Care

Hospice News

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.

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

Hospice News

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.

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Guiding an Improved Dementia Experience (GUIDE) Model: A Podcast with Malaz Boustani and Diane Ty

GeriPal

Don’t get me wrong, the evidence points to cost savings, but as Chris Callahan and Kathleen Unroe pointed out in a JAGS editorial in 2020 “in comprehensive dementia care models, savings may accrue to Medicare, but the expenses accrue to a fluid and unstable network of local service providers, patients, and their families.” Diane: Huge.

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