Hospice News
DECEMBER 12, 2023
Program integrity issues that have heated up in the hospice space during the past five years reached a boiling point in 2023. Hospice providers have seen an array of increased regulatory oversight in 2023. There is scrutiny on hospice care [that’s] setting the stage for the next phase of what hospice oversight looks like.
Hospice News
AUGUST 31, 2023
Thus far in 2023, hospice merger and acquisition activity has deviated from prior years. The last five years saw record-breaking multiples in the hospice space and private equity-backed platform deals were among the most common types of transactions. But in 2023, private equity activity slowed from its formerly frenzied pace.
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Hospice News
DECEMBER 9, 2022
The hospice component of the value-based insurance design (VBID) model will begin its third year on Jan. 1, 2023, meaning that some of the program’s rules will change. Centers for Medicare & Medicaid Services (CMS) has indicated that hospices should ensure that their billing staff is familiar with the 2023 modifications.
Hospice News
JULY 27, 2022
Centers for Medicare & Medicaid Services (CMS) will give hospices a 3.8% bump in their per diem payments for 2023, according to a final rule published today. The rule also increases the hospice aggregate cap for next year by a corresponding 3.8% The post CMS Final Rule Gives Hospice 3.8% to $32,486.92.
Hospice News
FEBRUARY 9, 2023
Seeds of optimism are taking root among hospice providers that industry-wide labor pressures may improve this year. Survey respondents included nearly 330 hospice and palliative care industry professionals, including owners, executive leaders and managers, among others. I’m probably more excited about it than I’ve been in a few years.”
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.
Hospice News
DECEMBER 13, 2022
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. Hospices have faced ever-intensifying scrutiny from regulators in recent years. Be ready for regulation.
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