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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. These concerns will be a hot topic in the new year, but other regulatory actions are also underway for 2023.

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Regulatory Pressures Contributing to M&A Slump

Hospice News

“The decline certainly is not due to buyer interest, which remains incredibly strong, but rather a limited number of actionable targets of scale,” Palamara told Hospice News. Transaction activity is slightly behind where we thought it would be for 2023, particularly the pace of lower middle market add-on activity.”

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5 Numbers that Shaped Hospice in 2022

Hospice News

Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. Others included Amedisys and Chemed Corp. NYSE: CHEM) VITAS Healthcare. “So

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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. and Sterling Hospice Care, Inc. #8

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Hospice Advocacy Groups Call on CMS, Congress to Strengthen Program Integrity Oversight

Hospice News

The organizations penned a joint letter to CMS in November urging for increased oversight to help curb hospice frauds, including the National Association for Home Care & Hospice (NAHC), National Hospice and Palliative Care Organization (NHPCO), National Partnership for Healthcare and Hospice Innovation (NPHI) and LeadingAge.

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