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How April Anthony, Investors Built New Home Health and Hospice Company VitalCaring

Hospice News

VitalCaring Group CEO April Anthony has a track record of building home-based care powerhouses, making her newest venture a company to watch as its emerging brand comes together. Currently, nine of the company’s locations are hospices, with more expected in the coming years.

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

Hospice News

Labor shortages and other headwinds have battered hospices during 2022, including large companies. This includes the home health and hospice provider Amedisys (NASDAQ: AMED). “On The company saw a 10.6%

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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. Hospice News edited comments for length and clarity.

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Key Trends That Will Shape the Hospice Industry in 2023

Hospice News

Most hospices are sliding into 2023 between a rock and a hard place, beset by headwinds, labor shortages and questions with no easy answers. Government oversight of hospice providers will tighten during 2023. Hospice rejection rates hit an all-time high of 41%.

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National Hospice Leaders Urge CMS and Congress to Advance Program Integrity in Hospice Care through Effective Oversight

NHPCO

Today, the four national hospice organizations are joining forces to urge Congress and CMS to act expeditiously to ensure that only well-qualified advanced illness care providers are permitted to care for and support beneficiaries and their families at the end of life.

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Why Skilled Nursing, Assisted Living Operators Invest in Home-Based Hospice Programs

Hospice News

Offering hospice can be a gamechanger for skilled nursing and assisted living operators looking to stand out from competitors and improve patient reach. Home-based care, including hospice, has become an increasingly attractive space for facility-based health care providers of all walks.

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VITAS Taps Alexander Fernandez as CFO, EVP

Hospice News

Fernandez oversees the Florida-based hospice company’s finances, investor relations and accounting functions. Fernandez joins the company at a crucial point in its trajectory, as the company continues to battle workforce challenges and lingering pandemic headwinds. “I

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Hospices Increasingly Invest in Environmental Sustainability

Hospice News

More hospices are going green, making short-term investments to cultivate long-term sustainability. Among these companies is Agrace Hospice & Supportive Care, which unveiled an initiative last October to become carbon neutral by 2025, according to President and CEO Lynne Sexten.

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HHS Moving into 2023 with Eyes on Health Equity, Public-Private Partnerships in Value-Based Programs

Hospice News

1, 2023. . While most individual hospice companies are unlikely to participate directly in ACO REACH, they can contract with ACOs through a preferred provider network. The U.S.

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Publicly Traded Hospice Execs See Signs of Improvement in Labor Market

Hospice News

Some hospice company leaders have signaled the labor market may be showing signs of stabilization. The note showed that the high rate of inflation is driving higher than average payment rate increases with insurance plans in their 2023 contracts.

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Hospice News’ Top 10 Stories of 2022

Hospice News

In 2022, the hospice community laid the groundwork for a transformational 2023. Centers for Medicare & Medicaid Services (CMS) developed new approaches for enforcing hospice regulations that will become effective on Jan. 3–6 Big Provider, Payer Hospice Deals.

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Customizing Hospice, Palliative Care Payment Contracts in ACO REACH

Hospice News

Hospices and Accountable Care Organizations have the ability to customize payment contracts within the Realizing Equity, Access and Community Health (ACO REACH) program. 1, 2023, the U.S. So hospice was a place where we wanted to look at partnership.”.

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Rising Interest Rates Unlikely to Slow Hospice M&A; Largest Deals May Take the Brunt

Hospice News

Rising interest rates and unlikely to deter investors or strategic buyers from acquiring hospice companies. Higher interest rates will push up borrowing costs, making hospices more expensive to purchase in the long-run.

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5 Most Game-Changing Hospice Deals from 2022

Hospice News

Though hospice deal volume dipped in 2022 compared to previous years, five particular transactions could paint a larger picture of where investors see value in the space. Optum in April announced its agreement to purchase the Lafayette, Louisiana-based home health and hospice provider for $5.5

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Hospice Multiples Unlikely to Drop

Hospice News

A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Thus, these assets have come at a premium in recent years, with hospice multiples r eaching as high as 29x in 2020.

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Enhabit CDO Jay Duty: Health Care Is Coming Home

Hospice News

Jay Duty, the newly appointed senior vice president and chief corporate development officer of Enhabit Home Health and Hospice (NYSE: EHAB), is spearheading the company’s ambitions for growth, including acquisitions and de novos. Enhabit Home Health & Hospice

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5 Numbers that Shaped Hospice in 2022

Hospice News

Hospice leaders have kept their eyes on four key numbers as 2022 progressed: clinical capacity, length of stay, labor costs and utilization. A fifth, the rising number of new hospices in certain states, has emerged as a priority in recent weeks. s (NYSE: EHAB) hospice segment saw a 6.4%

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Enhabit CEO Jacobsmeyer: We’re Bringing Hospice, Home Health to Broader Market

Hospice News

Barbara Jacobsmeyer as of July 1 became the first CEO of Enhabit Home Health and Hospice (NYSE: EHAB) as an independent, standalone company. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July.

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Future Leaders Class of 2022: Lauren O’Dwyer, CFO, Anvoi Hospice and Anvoi Management

Hospice News

Lauren O’Dwyer, CFO at Anvoi Hospice and Anvoi Management, LLC, has been named a 2022 Future Leader by Hospice News. The program is designed to recognize up-and-coming industry members who are shaping the next decade of senior housing, skilled nursing, home health, and hospice care.

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