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CMS to Sunset Hospice VBID in 2024

Hospice News

After carefully considering recent feedback about the increasing operational challenges of the Hospice Benefit Component and limited and decreasing participation among MAOs that may impact a thorough evaluation, CMS has decided to conclude the Hospice Benefit Component as of December 31, 2024, 11:59 PM,” the agency indicated in a statement.

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Hospice Oversight: 2024’s Most Impactful Regulatory Actions

Hospice News

Centers for Medicare & Medicaid Services’ (CMS) 2024 home health rule, the SFP is set for 2025 implementation. CMS starting in 2024 forbids any change in majority ownership during the 36 months after initial Medicare certification, including acquisitions, stock transactions or mergers.

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Hospice Investors to Watch in 2024

Hospice News

Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. The following are some potential buyers to watch in 2024. But the company is almost certainly not done in the acquisition game, and further activity is likely in 2024.

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4 Key Trends for Hospices to Watch in 2024

Hospice News

Hospice operators in 2024 are navigating a rapidly transforming environment. A potential M&A rebound After a 2023 slump, the hospice space may be ripe for a 2024 rebound. Our outlook for 2024 health services deals is cautiously optimistic. There are lots of reasons to be optimistic about 2024.

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Creative Role Development, Organizational Culture Keys to Battling 2024’s Staffing Headwinds

Hospice News

The worst of the staffing challenges is far from over for embattled hospice providers seeking fruitful recruitment and retention strategies in 2024. The overall staffing headwind the industry continues to face hasn’t changed for 2024,” Westfall told Hospice News. We need to be creative about the opportunities out there.”

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JVs a Major Growth Engine for Hospices in 2024

Hospice News

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.

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NAHC, NHPCO Name Transition Board to Guide 2024 Merger

Hospice News

Today, they proposed a transitional board who will consider ratifying the organizations’ combination plan in early 2024. The board and officers will be ratified when the definitive agreements are signed in early 2024, the organizations’ indicated. With extraordinary opportunity comes the challenge of significant obligation.

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