Hospice News

DECEMBER 22, 2022

These cover the innovative partnerships, new technologies, pediatric care, health equity and other key developments in the hospice space. Pandemic Pushes Death Doula Awareness, Hospices Seek Strengthened Ties. Hospice Sustainability Rides Hand in Hand With Diversity, Equity and Inclusion.

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Hospice News

APRIL 15, 2024

Though the Medicare Advantage hospice carve-in is going away at the end of this year, those operators still have a role to play in value-based care. The carve-in, formally known as the hospice component of the value-based insurance design model (VBID), will expire on Dec. Hospice care saves Medicare roughly $3.5

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Hospice News

SEPTEMBER 22, 2023

Accountable Care Organizations (ACO) represent a growing opportunity for palliative care companies, and providers have a number of ways to get in on the ground floor. Thomas Lee, vice president, medical affairs, Ennoble Care Ennoble Care is a multi-state home health, hospice and palliative care provider headquartered in New Jersey.

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Hospice News

SEPTEMBER 12, 2022

Utah-based Canyon Home Health & Hospice recently acquired Uintah Home Health and Hospice for an undisclosed amount, growing its footprint in the Beehive State state. Uintah Home Health and Hospice patients began receiving services under the Canyon umbrella earlier this month.

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Hospice News

SEPTEMBER 19, 2022

While hospice and home health M&A continue to burgeon, non-medical home care is starting to slip out from under their shadows. Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of 2019, the U.S.

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Hospice News

JUNE 15, 2022

Aging Media Network (AMN) is proud to announce the Frontline Honors Class of 2022. In the face of labor shortages, burnout and in-person restrictions, frontline care workers have kept the senior living and care industries in motion, providing a stable foundation for recovery.” Croix Hospice.

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Hospice News

MARCH 6, 2024

A new legislative package winding its way through Congress could re-allocate hospice funds to other programs. If enacted, it would make adjustments to the hospice payment cap for 2033 that would free up $927 million. The nation’s four largest hospice industry groups have voice opposition to these provisions. for next year.

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Hospice News

NOVEMBER 4, 2022

With 15 de novos under its belt thus far in 2022, Caring Brands International (CBI) subsidiary Interim HealthCare Inc. The company provides care to roughly 173,000 patients annually. Interim has been on a growth trajectory in the hospice space. The company has completed three acquisitions thus far in 2022.

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Hospice News

NOVEMBER 6, 2023

Clinicians often lack exposure to palliative care during their medical training – an issue blocking growth of this workforce during a time of rising demand. One key to growing the supply of palliative care clinicians hinges on data that demonstrates how these services improve patient outcomes.

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Hospice News

JANUARY 10, 2023

Expanding its palliative care business is a rising priority for Amedisys Inc., The company’s palliative care strategy rests on the back of risk-based payment models, primarily Medicare Advantage, Kusserow indicated at the J.P. We’re excited to be able to do at-risk palliative in the home. Morgan Healthcare Conference.

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Hospice News

FEBRUARY 26, 2024

Hospice operators in 2024 are navigating a rapidly transforming environment. The prior three years have laid the groundwork for change, particularly in the regulatory space as well as gradual migration towards value-based reimbursement and in tandem, the proliferation of business lines beyond hospice.

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Hospice News

DECEMBER 5, 2023

A rich mix of hospice merger and acquisition (M&A) activity at the end of 2023 is fueling trends into next year. Hospice M&A activity has diverged from the frenzied pace set in recent years. This year saw a slow but significant start, with mainly smaller and fewer hospice transactions taking place.

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Hospice News

JUNE 23, 2023

The nonprofit health plan CareSource has signed a definitive agreement to partner with Radiant Alliance, a new entity formed by Metta Healthcare and United Church Homes. The creation and subsequent partnership with Radiant Alliance will bring a hospice and palliative care company and senior living operator under the auspices of a payer.

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Hospice News

NOVEMBER 8, 2023

Senate Finance Committee is holding a markup meeting today on a bill that would, among other provisions, reallocate close to $1 billion hospice dollars to other programs. A couple of sentences in a 120-page set of amendments to the Social Security Act would make adjustments to the hospice payment cap for 2033 that would free up $927 million.

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Hospice News

DECEMBER 8, 2023

Hospice providers will be looking to Congress in 2024 to address issues related to program integrity, quality improvement and industry-wide workforce pressures. As legislative efforts develop, hospices may want to focus their attention on a few key legislators. We don’t have confidence in the algorithm that they proposed.

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Hospice News

MAY 26, 2023

Three important considerations can help hospices recruit and retain social workers — a respectful workplace culture, reasonable workloads and continuing education opportunities. During the pandemic, those professionals have left the health care field in record numbers. In time, they expect to roll out the program as a national model.

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Hospice News

DECEMBER 7, 2023

Strong performance on the Hospice Care Index is becoming increasingly essential to securing payer and referral contracts and will be a key consideration in the federal government’s forthcoming Special Focus Program (SFP). The Hospice Care Index can be a referral driver.

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Hospice News

JUNE 7, 2023

Hospice leaders and lawmakers are meeting on Capitol Hill today to address the pressing issue of program integrity, among other policy priorities. Thus far, California is the only state to take action on the issue, beginning with a moratorium on new hospice licenses and an extensive audit of California’s oversight processes.

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Hospice News

FEBRUARY 3, 2023

Prospero Health has leveraged education and responsiveness to grow its palliative care business. The Tennessee-based home-based care company provides interdisciplinary services to 30,000 seniors with complex health needs in 28 states. So we really had to rethink what palliative care meant.”

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Hospice News

OCTOBER 4, 2022

Only 10 new Medicare Advantage (MA) plans will offer home-based palliative care as a primarily health-related benefit for 2023, but payers may be offering those services through other programs. Among Medicare Advantage supplemental benefits, in-home support services and caregiver support saw the most year-over-year growth for 2023.

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Hospice News

JANUARY 18, 2024

Helios Care is working to change the face of hospice in its update New York service region, with a new partnership with the Bassett Healthcare Network as a cornerstone of its strategy. Formerly known as Catskills Area Hospice and Palliative Care, the organization rebranded as Helios in 2019.

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Hospice News

JANUARY 10, 2024

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.

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Hospice News

JANUARY 30, 2024

When deprescribing medications for hospice patients, providers have to navigate a complex web of factors. Medication costs are among hospices’ biggest expenses, and deprescribing some medications deemed “curative” or “unrelated” to the patient’s terminal diagnosis is a standard practice. “We Everything is based on cost.

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Hospice News

MARCH 23, 2023

Centers for Medicare & Medicaid Services (CMS) is extending the value-based insurance design demonstration for calendar years 2025 to 2030, including the hospice component. The hospice component of VBID, also called the MA carve-in, launched in 2021 and was originally slated to complete after four years. It makes sense.

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Hospice News

APRIL 14, 2023

Based on current trends, risk-based payment systems will likely shape the future of palliative care. The palliative care market is projected to swell during the next decade. However, no standardized definition exists for “palliative care.” The rise of risk Risk-based reimbursement may be giving the palliative care market a push.

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Hospice News

JUNE 20, 2023

NASDAQ: PNTG) has acquired Idaho-based Bluebird Home Health, Bluebird Hospice and Bluebird Home Care for an undisclosed sum. Pennant has its sights on multiple potential transactions across its hospice, home health and senior living business lines, the company has indicated in earnings calls. Census Bureau.

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Hospice News

DECEMBER 13, 2023

VITAS Healthcare Expands Hospital-Based Inpatient Hospice Center Chemed Corp. NYSE: CHE) VITAS Healthcare recently expanded its inpatient hospice care unit at the Florida-based Broward Health Medical Center. Miami-based VITAS has provided community- and facility-based hospice care in the Broward County area since 1980.

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Hospice News

DECEMBER 6, 2022

Kusserow – who holds a reputation as a successful turnaround executive – held the Amedisys CEO role from 2014 until early 2022. During that time, he helped spearhead the company’s aggressive hospice expansion, epitomized by the industry-shaping acquisitions of Compassionate Care Hospice, AseraCare and other businesses.

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Hospice News

AUGUST 15, 2022

Aging Media”) is pleased to announce the Future Leaders Class of 2022, showcasing the most promising talent in senior housing, skilled nursing, home health and hospice industries. This year’s Future Leaders Awards honorees are as follows: Hospice & Palliative Care. Home Health & Home Care.

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Hospice News

JUNE 14, 2023

The nation’s total health care spend is expected to swell by 5.4% annually between 2022 and 2031, reaching $7.1 Meanwhile, Medicare hospice spending is expected to more than double by 2032. Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6%

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Hospice News

MAY 31, 2023

Citing inflation and other headwinds, hospice providers and industry organizations are urging the U.S. This is the first of a series of Hospice News articles that will cover the industry’s response to the proposed rule. In public comments on the proposal, the National Hospice and Palliative Care Organization (NHPCO) called for a 3.7%

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Hospice News

JUNE 30, 2023

Centers for Medicare & Medicaid Services (CMS) has proposed a requirement that would prohibit hospice owners from selling their businesses within 36 months of Medicare enrollment. The agency included these plans in its proposed home health rule for 2024. cut to reimbursement home health providers for next year.

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Hospice News

NOVEMBER 30, 2022

Wages for hospice aides and CNAs are rising faster than those for other interdisciplinary team members as providers seek to stem rampant turnover among those employees. There’s a shortage of hospice and palliative care trained physicians across the country.”. These nurses saw average national salary increases of 5.95% in 2022.

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Hospice News

AUGUST 21, 2023

Centers for Medicare & Medicaid Services (CMS) forthcoming Special Focus Program (SFP) for hospices. CMS initially pitched the idea in 2022 but instead convened a Technical Expert Panel (TEP) to further guide development. Hospices flagged by the SFP would be surveyed every six months rather than the current three-year cycle.

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Hospice News

FEBRUARY 8, 2023

Hospice leaders would like to see some changes in the space this year, particularly around staffing, payer relationships and regulation. Hospice executives in December 2022 shared their predictions for what would happen in the space during 2023. The labor shortage is unsurprisingly a top concern. “We

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Hospice News

MARCH 17, 2023

(NASDAQ: AMED) sees a changing of the guard in its C-suite, the company will not be slowing down on palliative care. The Baton Rouge, Louisiana-based home health and hospice provider recently picked former Walgreens Co. Palliative is interesting because I think we’re the first home health company to take true risk.”

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Hospice News

JULY 28, 2022

Hot on the heels of forming four palliative care-focused joint ventures, Contessa Health has several more in the works during the remainder of 2022. NASDAQ: AMED), which announced its $250 million acquisition of the high-acuity home care company in June of last year. The company’s hospice segment accounted for $198.4

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