Hospice News
FEBRUARY 26, 2024
Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.
Hospice News
JANUARY 31, 2024
The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. VitalCaring VitalCaring VitalCaring President Luke James We spoke early last year about VitalCaring’s launch.
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Hospice News
JULY 3, 2023
In January, hospice organizations began sounding the alarm on similar activity in other states — Arizona, Texas and Nevada. Arizona had 239 new Medicare-certified hospices appear between 2018 and 2022, representing 52% of all providers in the state.
Hospice News
FEBRUARY 20, 2024
Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospice company, Marion indicated. This is down from 54% of respondents in 2023’s survey and 68% of 2022 respondents. NYSE: EHAB).
Hospice News
DECEMBER 13, 2022
Signatories on the joint letter included LeadingAge, the National Association for Home Care & Hospice (NAHC), the National Hospice and Palliative Care Organization (NHPCO), and the National Partnership for Healthcare and Hospice Innovation (NPHI). NYSE: EHAB), Bayada Home Health Care and Amedisys Inc.
Hospice News
MARCH 20, 2023
Regardless of providers’ disparate methods, hospice remains a high-growth industry, expanding at an annual rate of 7% to 8% annually, Bank of America (BofA) Global Research reported in TKTK. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5
Hospice News
JUNE 16, 2022
Through the hospice benefit, Medicare covers nearly 90% of a provider’s patient care revenue. This makes hospice billing for patient care a different reimbursement beast for other health care providers to tackle. High price tags for hospice assets are sparking some to take a seat at the sellers’ table.
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