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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

Medicare reimbursement is the lifeblood of hospice providers, and a clear understanding of policies like budget neutrality can help elucidate the payment systems that keep their businesses running. The clearest example of how this works was the 2020 rebasing of payments for the four levels of hospice care.

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VITAS Expects Recruitment Gains to Spur 2023 Growth, Revenue

Hospice News

The majority of these hires were nurses, Westfall indicated. 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 and home-based admissions also dipped 7.5%.

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Congress Grills HHS on Hospice Program Integrity

Hospice News

Members of Congress are raising questions about the continued Medicare certification for new hospices in areas rife with fraud. Some of these providers engaged in referral kickback schemes, enrolled patients who were not eligible for hospice and lied to them about being terminally ill. Michelle Steel (R-Calif.)

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

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. In this story, Hospice News highlights the growth strategies of several providers.

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U.S. Health Care Expenditures to Reach $7.1 Trillion by 2031; Hospice Spending to Double by 2032

Hospice News

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% These data from the U.S.

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Set to open this summer, the hospice facility will feature 15 patient beds at Lourdes Senior Community in Waterford, Michigan. Expanding hospice care in the senior community will allow for improved support and care collaboration, according to Angela Hospice President and CEO Marti Coplai.

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MA Beneficiaries More Likely than Fee-for-Service Patients to Enter Hospice from Community Setting

Hospice News

Medicare Advantage (MA) beneficiaries are more likely to enroll in hospice from a community setting than patients in traditional fee-for-service programs. million patients who elected hospice in the last 90 days of life during the years 2011, 2013, 2016 and 2018. As of 2023, nearly 31.5 As of 2023, nearly 31.5

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