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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

The bonus program included a one-time retention payment that ranged from $2,000 to $15,000 per employee for nurses, nurse managers, home health aides and social workers. jump from assisted living facilities. The decline resulted from the reinstated 2% Medicare sequestration, a 2.8% in Q4, along with a 2.7%

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As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

This year brought the return of Medicare sequestration, and pandemic-driven disruption in referral streams are lingering. This expense and associated drops in patient volume put a dent in third quarter revenues, but CFO Jeff Shaner has indicated that enduring that disruption will set up Aveanna for a healthier 2023. . “In

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VITAS Community Access Program Spurs Upward Trend, but Staffing, COVID Headwinds Still Sting

Hospice News

These factors, along with the return of Medicare sequestration, have contributed to declining revenues. But some indicators in Q3 point to an upturn in some areas as 2023 approaches. They also saw a 7% decline in assisted-living facility admissions. Admission rates in Q3 were mixed depending on the referal source.

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Guiding an Improved Dementia Experience (GUIDE) Model: A Podcast with Malaz Boustani and Diane Ty

GeriPal

Don’t get me wrong, the evidence points to cost savings, but as Chris Callahan and Kathleen Unroe pointed out in a JAGS editorial in 2020 “in comprehensive dementia care models, savings may accrue to Medicare, but the expenses accrue to a fluid and unstable network of local service providers, patients, and their families.” Diane: Huge.

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