Hospice News
AUGUST 26, 2022
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. Budget neutrality has stirred up controversy in recent months due to its role in proposed payment cuts for home health care in Fiscal Year 2023.
Hospice News
FEBRUARY 24, 2023
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 VITAS saw nursing home admissions rise 9.4%
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Hospice News
SEPTEMBER 12, 2022
Centers for Medicare & Medicaid Services (CMS) in 2023 will phase out dual-eligibility special needs look-alike plans within Medicare Advantage. Some hospice patients rely on these plans for other health needs, such as nursing home costs. Of those, about 3.8
Hospice News
MARCH 20, 2023
In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. The below comments were taken from original interviews, conducted in person and via the phone, throughout early 2023. Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries.
Hospice News
JUNE 14, 2023
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% However, the annual Medicare Trustees Report for 2023 provides a more detailed look at hospice spending.
Hospice News
FEBRUARY 27, 2023
Medicare Advantage (MA) beneficiaries are more likely to enroll in hospice from a community setting than patients in traditional fee-for-service programs. In 2011, for example, 50% of MA patients came to hospice from the community, compared to 39% of those in traditional Medicare. As of 2023, nearly 31.5 As of 2023, nearly 31.5
Hospice News
APRIL 11, 2024
Hosparus Health in January 2023 applied for licensure , recently receiving a greenlight from the U.S. Centers for Medicare & Medicaid Services (CMS), which requires providers to acquire a building and design a center to house a PACE program. Apex Design Build began construction of the facility in 2023.
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