Hospice News

MAY 30, 2023

Though nonprofit hospices now represent a smaller slice of the industry than in years past, they continue to care for more than half of patients in the United States who elect the benefit. The number of hospices operating nationwide rose to 5,3,58 in 2021, according to the Medicare Payment Advisory Commission.

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Hospice News

NOVEMBER 4, 2022

Regulators have been keeping an increasingly close watch on hospice providers, and this may intensify in 2023. Moving into next year, hospices have a spectrum of crucial issues on their plates. Hospice will have a lot going on in the regulatory space next year. What are your expectations going into 2023?

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Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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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

JULY 13, 2022

More than a dozen hospice advocacy groups have called on congressional leadership to intervene in a proposed 2.7% This proposal ultimately jeopardizes the ability of hospices to continue providing access to appropriate, high-quality care to all Americans who need it,” the letter indicated. per diem rate increase.

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Hospice News

MAY 15, 2023

Grasping the mix of objective and subjective forces fueling hospice valuations is key to maximizing a return on investment when considering a sale, according to dealmaking experts. Hospice valuations have remained high, partly due to an influx of new investors entering the space. Often, the “devil is in the details,” Garbon said.

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Hospice News

MAY 23, 2023

Hospice merger and acquisition activity has taken a downturn in 2023, which is in line with projections from M&A experts. Approximately 14 hospice, home care and home health transactions were reported during the first quarter of 2023, according to recent data from Mertz Taggart.

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Hospice News

DECEMBER 1, 2023

Wages for hospice clinicians continue to go up amid widespread staff shortages, but they grew at a slower rate in 2023 compared to the prior year. Meanwhile, turnover rates declined in 2023, representing the first drop in several years, the report indicated. Nationally, hourly wages for hospice RNs reached $38.08

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Hospice News

NOVEMBER 18, 2022

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. In addition, the 2023 increase is only a temporary abatement. While this is an improvement from the 4.2%

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Hospice News

APRIL 5, 2024

Centers for Medicare and Medicaid Services’ (CMS) proposed 2025 hospice rule is finalized as written, hospices may encounter some hurdles implementing some of the new requirements. CMS late last month issued its proposed hospice rule for 2025. The proposal called for a 2.6% The proposal called for a 2.6%

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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

MARCH 4, 2024

Centers for Medicare & Medicaid Services will end the hospice component of the value-based insurance design model (VBID) as of Dec. Often called the “hospice carve-in,” the program was designed to test coverage of hospice care through Medicare Advantage, in addition to some coverage of palliative care and transitional care.

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Hospice News

MARCH 12, 2024

Program integrity and an onslaught of audits are top of mind for many hospice providers in 2024. We look forward to continuing our work with CMS and Congress to ensure an equitable and effective enforcement system that preserves access to nonprofit, mission driven hospice care.”

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Hospice News

DECEMBER 20, 2023

Hospice and home health care providers’ recruitment and retention strategies have narrowed their focus on workers’ key priorities, with organizational culture among the heaviest hitters on their lists. Like many health care providers, Accurate saw nursing turnover rise during the pandemic, with volumes improving since.

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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. In-home support services saw the most growth in plan participation for 2023, rising to 1,091 from 729 the prior year.

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Hospice News

JANUARY 12, 2024

The Medicare Payment Advisory Commission (MedPAC) has voted to recommend a freeze on hospice payment increases starting in 2025. This recommendation is offered at a time when hospice care costs have risen faster than any inflation update provided by CMS,” Dombi told Hospice News in an email. “A set in 2023.

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Hospice News

FEBRUARY 23, 2024

Rising wages, reimbursement pressures and immigration policies are fueling high turnover rates for hospice and personal care aides. It is rare to find individuals who perceive personal care as a career choice, or path. We were able to not just grow [but also] strengthen this workforce,” Klein told Hospice News.

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Hospice News

MARCH 19, 2024

Employment in the home-based care sector rose above pre-pandemic levels in 2023, according to the Medicare Payment Advisory Commission (MedPAC). Department of Commerce defines this sector to include hospices, home health agencies, private duty, pediatric agencies and other providers of care in the home.

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Hospice News

JANUARY 24, 2024

Wisconsin-headquartered Legacy Care Partners Inc. has acquired Superior Home Health and Superior Hospice of Texas. Combined, Superior’s home health and hospice businesses operate seven locations that serve 50 Texas counties and more than 500 cities. The company also provides care in Florida, Michigan and Wisconsin.

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Hospice News

JANUARY 30, 2024

Aging Media Network, a WTWH Healthcare company, is proud to announce the Frontline Honors Class of 2023. “We are excited to announce the Frontline Honors Class of 2023, which showcases individuals who have put patients, residents and their team members ahead of themselves to help their organizations flourish.”

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Hospice News

MARCH 15, 2023

Aging Media Network (AMN) is proud to announce the 2023 Aspect Awards winners. With 53 submissions in the categories of Behavioral Health, Home Health & Home Care, Hospice & Palliative Care, Senior Housing & Senior Living, and Skilled Nursing (SNF), the scope of creativity is broader than ever before.

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Home Care Pulse

MAY 24, 2023

Through its Care Intelligence Platform and recent acquisitions of Activated Insights and Pinnacle Quality Insight, HCP empowers providers to attract and retain employees during workforce shortages and improve care outcomes. For more information, visit  [link].

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Hospice News

FEBRUARY 20, 2024

As hospices zero in on their investments in staff engagement and operational efficiencies, organizational culture is becoming a higher priority. Hospices nationwide are taking varied approaches around how they fuel staffing investments with sustainable growth in mind. 2024 Hospice News Outlook Survey and Report.

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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

DECEMBER 5, 2022

Debbie Jonhston is a registered nurse who founded Viriginia-based Serenity First Hospice in 2021, inspired by the care her father recieved as he reached the end of his life. With the launch of Serenity First, Johnston transitioned from her career in home health and personal care. Hospice is different in the beginning.

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Hospice News

JULY 28, 2023

Centers for Medicare & Medicaid Services (CMS) is giving hospices a 3.1% That will translate to a $780 million bump to hospice payments next year compared to Fiscal Year 2023, according to CMS. set in 2023. payment boost the agency initially proposed for 2024 hospice payments back in March.

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Hospice News

OCTOBER 14, 2022

“[Arizona has] a fantastic state government, a Medicaid program that truly aims to support families with intermediaries that share that vision, and a demographic that needs our services,” Jackson told Hospice News in an email. Veterans programs and managed care organizations also have become more involved in the space.

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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

JULY 21, 2023

As federal regulators intensify their focus on hospices, operators may begin seeing an influx of Recovery Audit Contractor (RAC) activity. billion directly related to health care fraud abuse. Medicare hospice expenditures rise by about $1 billion annually, according to CMS. The president’s budget was approved for $2.5

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Hospice News

APRIL 12, 2023

The next generation of hospice CEOs will need to be data-savvy to succeed. Data is more crucial to hospice businesses than ever before when it comes to payer and referral partner contracting, compliance and building their census. This is especially true if you’re trying to show the value of something,” Dombi told Hospice News.

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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

MAY 9, 2023

The future of telehealth in hospice care delivery is among the questions swirling around the expiration of the COVID-19 public health emergency (PHE) on May 11. Though initially the telehealth waivers weren’t intended to be permanent, they will likely have long-term impacts in hospice.

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Hospice News

APRIL 14, 2023

Centers for Medicare & Medicaid Services (CMS) is moving towards the development of health equity quality measures for hospices. Last year, the agency convened a technical expert panel (TEP) to study the issue, according to language in its 2024 proposed hospice rule. More than 80% of hospice patients are white, according to CMS.

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Hospice News

JUNE 14, 2023

The nation’s total health care spend is expected to swell by 5.4% 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% annually between 2022 and 2031, reaching $7.1

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Hospice News

JANUARY 24, 2024

Hospice and home health nurses at PeaceHealth’s Sacred Heart Home Care Services have announced an impending strike following failed attempts to reach wage agreements in negotiations with the organization. Home care and hospice nurses at PeaceHealth have given notice that the strike will launch on Feb.

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Hospice News

JULY 18, 2023

a WTWH Media Company, (“Aging Media”) is pleased to announce the Future Leaders Class of 2023, showcasing the most promising talent in the behavioral health, home health and home care, hospice and palliative care, senior housing, and skilled nursing industries. Aging Media Network, Inc.,

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Hospice News

MAY 24, 2023

When it comes to marketing a hospice or home health business, word of mouth among consumers may be more critical than many realize — generating as much as 36% of revenue. Hospices also were the most likely to include family members in their plan of care and had the second lowest patient turnover rate at 38.6%, she indicated.

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