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Amedisys Eyes Palliative Care Expansion Via Contessa Joint Ventures

Hospice News

Amedisys (NASDAQ: AMED) subsidiary Contessa Health is seeing strong patient engagement for its expanded home-based palliative care program, which the company launched in January in partnership with Mt. Sinai Health System in New York. With this in place, the company now offers a full continuum of home-based care.

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Three Key Gauges of Hospice Business Performance

Hospice News

Rising expenses caused widespread margin compression among hospices during 2022, particularly those associated with wages and salaries, recruitment and retention, fuel and general inflation. “We’re This may include Medicare Advantage plans, ACOs and other entities. Medicare is the most reliable payer [for hospice].

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What Hospices Can Learn from Home Health Agencies on New Program Integrity Rules

Hospice News

Hospices seeking to gauge the potential impact of new regulatory actions in the space can look to their counterparts in the home health field. CMS is no doubt hoping for similar results for the Medicare Hospice Benefit. Their recommendations included a temporary moratorium on new hospices enrolling in Medicare.

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

Hospice News

Some of these providers have secured licenses, as well as Medicare certification and, sometimes, accreditation. They then proceed to enroll a small number of patients for whom they never bill Medicare, multiple hospice executives told Hospice News on background. By not billing, they are better able to avoid regulators’ attention.

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Hospice M&A Going Strong, But Non-Medical Home Care a Rising Star

Hospice News

Deal volume for non-medical home care companies outstripped that for hospice or home health during the first half of the year. As of the end of Q2, this included 23 deals compared to 17 each for Medicare-certified home health and for hospice, according to a report by M&A advisory firm Mertz Taggart.

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Fallout of 2023 Home Health Payment Rule Likely to Affect Hospices

Hospice News

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. Centers for Medicare & Medicaid Services (CMS) recently established a 0.7% base rate payment increase for home health care in 2023.

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Hospices that Excel During COVID More Attractive to Buyers

Hospice News

It’s down a bit by about 10% – 11% in the first half of this year compared to the same period in 2021 as some of the investor focus shifts to home health. Because of the [Patient-Driven Groupings Model (PDGM)], things got garbled and murky in home health as investors waited to see what happened. There could be several.

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