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Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. During late 2021 and 2022, the U.S. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. 3–6 Big Provider, Payer Hospice Deals.

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4 Key Trends for Hospices to Watch in 2024

Hospice News

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.

2024 266
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CMS Proposes ‘36-Month Rule’ to Curb Hospice License ‘Flipping’

Hospice News

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.

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Hospice Advocacy Groups Call on CMS, Congress to Strengthen Program Integrity Oversight

Hospice News

The organizations penned a joint letter to CMS in November urging for increased oversight to help curb hospice frauds, including the National Association for Home Care & Hospice (NAHC), National Hospice and Palliative Care Organization (NHPCO), National Partnership for Healthcare and Hospice Innovation (NPHI) and LeadingAge.

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

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

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

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). The average bonus for registered nurses was $6,330. .

2023 283
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Hospital, Health System Activity Creating ‘Very Disruptive Point’ in Hospice M&A Landscape

Hospice News

In part, the trend of more hospitals and health systems in hospice is a response to growing demand and strain on acute care services. More health systems are looking to expand into community-based hospice and palliative care to complement existing offerings while creating new care delivery channels.

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