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

Hospice News

Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6% The report, published today in Health Affairs , did not contain hospice-specific data. However, the annual Medicare Trustees Report for 2023 provides a more detailed look at hospice spending.

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Hosparus Applies for PACE License, Expands Hospital Partnerships

Hospice News

Kentucky-based Hosparus Health is poised for expansion — through joint ventures, new investments in its palliative care program and the forthcoming launch of a PACE center. The nonprofit hospice provider’s subsidiary — Care Guide Partners — has applied to the U.S.

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CommCare Expands with Notre Dame Hospice, Home Health Acquisitions

Hospice News

The archdiocese in August announced an agreement to exit from all affiliated senior care businesses, including the health system. CommCare’s purchase of Notre Dame’s home health and hospice operations marks the transaction of this divestiture Its nursing home services are next in line as part of a separate deal set to close in 2023.

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2023 Leader in Training Award-Winners

Home Care Pulse

T he Best of Home Care ® – Leader in Training award recognizes home care agencies that provide specialized care for clients and career growth for caregivers through a commitment to continuous learning. 2023 Award Requirements Have 10+ learners complete at least 1 training course for the year.

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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

The clearest example of how this works was the 2020 rebasing of payments for the four levels of hospice care. CMS that year reduced routine home care (RHC) rates by 2.7% and increased amounts for continuous home care, general inpatient care, and inpatient respite care by the same percentage.

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