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CMS to Sunset Look-Alike Dual-Eligible Special Needs Plans in 2023

Hospice News

Centers for Medicare & Medicaid Services (CMS) in 2023 will phase out dual-eligibility special needs look-alike plans within Medicare Advantage. Close to 12 million people in the United States qualify for both Medicare and Medicaid. Of those, about 3.8

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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

The company expects the program to bring in roughly 25 new health care workers each month in 2023 at an estimated cost of $40 million, which VITAS hopes to offset with increased volume as staffing gains drive up capacity. “We jump from assisted living facilities. The majority of these hires were nurses, Westfall indicated.

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Pennant Sees ‘Record-Breaking’ Hospice, Home Health Growth

Hospice News

raise compared to Q1 in 2023. The company in December 2023 picked up Arizona-based Southwestern Palliative Care & Hospice after acquiring five Medicare hospice providers in multiple states the prior month. Its home health and hospice segments brought in a large portion of that revenue at $57.2 million and $54.6

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Legacy Care Partners Acquires Superior Home Health, Hospice

Hospice News

” Hospice utilization in Texas runs high, with 143,284 Medicare decedents using these services in 2021, according to the U.S. Centers for Medicare & Medicaid Services (CMS). Legacy Care Partners offers home care, assisted living, memory care, hospice and funeral services.

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M&A, Referral Uptick to Bolster Pennant Amid Labor, Census Headwinds

Hospice News

The Pennant Group (NASDAQ: PNTG) expects emerging rebounds in skilled nursing and assisting living — and its pipeline of forthcoming acquisitions — to offset the impact of continuing labor headwinds. Pennant is also starting to see occupancy rates improve among its skilled nursing and assisted living referral partners.

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Bristol Hospice Goes All-In on De Novos

Hospice News

Hospice News spoke with Bristol CEO Alex Mauricio at the Home Care 100 Conference in Scottsdale, Arizona, to talk about the company’s growth outlook for 2024, its speciality care coordination program and opportunities for hospice providers in the assisted living space. Centers for Medicare & Medicaid Services (CMS)].

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Hospices See Growth Opportunities with Physician Offices, Memory Care

Hospice News

million seniors experienced Alzheimer’s or dementia-related diseases in 2023, a number projected to triple by 2060, reported the U.S. Skilled nursing and assisted living facilities were the top two opportunities for referral growth, according to more than half of the Hospice News survey respondents. Among those, roughly 6.7

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