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5 Numbers that Shaped Hospice in 2022

Hospice News

Hospice leaders have kept their eyes on four key numbers as 2022 progressed: clinical capacity, length of stay, labor costs and utilization. A fifth, the rising number of new hospices in certain states, has emerged as a priority in recent weeks. These metrics are key to understanding what hospices experienced this year.

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Regulatory Pressures Contributing to M&A Slump

Hospice News

In addition to those pressures, the industry is also in a cooling period in which companies focus on integrating the assets that many acquired during flurries of activity in 2021 and 2022, according to Mark Kulik, senior managing director at The Braff Group. The New York-based hedge fund owns 4.5%

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Industry-wide, these bonuses in 2021 averaged from $2,038 for hospice aides to $9,056 for executive leaders, according to the 2022-2023 Hospice Salary & Benefits Report , published by Hospital & Healthcare Compensation Service (HCS) in cooperation with NAHC. The average bonus for registered nurses was $6,330. .

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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. . #3–6

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

Hospice News

The thing to watch for particularly in the hospice realm is oversight on claims, quality and performance — even to the point of dealing with fraud and abuse in the hospice benefit,” said NAHC President Bill Dombi during its recent 2023 Industry Outlook webinar. “We

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Regulators Taking Aim at Hospice PE Backers

Hospice News

Despite a cool down in the hospice mergers and acquisitions market during the first quarter of 2022, private equity firms have stayed aggressive on deals. About 30% to 50% of home health and hospice transactions in 2021 involved private equity, according to the M&A advisory firm The Braff Group. Elizabeth Warren (D-Mass.),

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