Hospice News

DECEMBER 8, 2023

Hospice providers will be looking to Congress in 2024 to address issues related to program integrity, quality improvement and industry-wide workforce pressures. This includes the revamping of the hospice survey process and the establishment of a Special Focus Program slated to begin in 2024, to name a few. Elected to the U.S.

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Hospice News

AUGUST 15, 2023

Centers for Medicare & Medicaid Services (CMS) is making significant changes in 2024 to the Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH) payment model. In 2024, participants that achieve certain benchmarks will receive bonuses on a graduated scale based on their performance.

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Hospice News

JANUARY 31, 2024

The Texas-based home health and hospice company VitalCaring Group was built largely through acquisitions, and the company expects to step up that strategy in 2024 with an emphasis on hospice. We’re very well-poised going into 2024 to start executing on our growth strategy. How have things been progressing since then?

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Hospice News

NOVEMBER 2, 2023

The ability to monitor and educate staff on their roles and responsibilities in compliance will be a key for hospice sustainability and quality heading into 2024, Piland said at the National Hospice and Palliative Care Organization’s (NHPCO) Annual Leadership Conference in Little Rock, Arkansas. On Wednesday, the U.S.

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Hospice News

JANUARY 11, 2024

Centers for Medicare & Medicaid Services (CMS) requires hospices to offer bereavement care for a minimum of 13 months following a patient’s death. The post Grief Care’s 2024 Outlook in Hospice appeared first on Hospice News. Grief’s care largest staffing gaps The U.S.

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Hospice News

DECEMBER 21, 2023

Recently, many of those efforts have included advocacy around program integrity within the Medicare Hospice Benefit. Today, they proposed a transitional board who will consider ratifying the organizations’ combination plan in early 2024. The post NAHC, NHPCO Name Transition Board to Guide 2024 Merger appeared first on Hospice News.

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Hospice News

MAY 3, 2023

Federal regulators are cracking down on the private insurers that administer Medicare Advantage (MA) plans. Centers for Medicare & Medicaid Services (CMS) began giving plans more flexibility around the definition of “primarily health-related.” The rule included an increase to MA payment of 3.32% for 2024.

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Hospice News

MARCH 31, 2023

Centers for Medicare & Medicaid Services (CMS) late Friday released the 2024 proposed payment rule for hospice providers. The proposed FY 2024 rates for hospices that do not submit the required quality data would be updated by the proposed FY 2024 hospice payment update percentage of 2.8% The post CMS Proposes 2.8%

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Hospice News

AUGUST 25, 2023

Centers for Medicare & Medicaid Services’ (CMS) 2024 updates to the Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH) model: care coordination, managing health equity-related risks and social determinants of health. Three principles are guiding the U.S.

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Hospice News

JANUARY 2, 2024

After a rocky year for M&A, two of the publicly traded hospice providers are poised to pursue more deals in 2024. Pennant on the hunt For Pennant, 2024 will likely see a continuation of recent activity. The post The Public Hospice Companies Most Likely to Acquire in 2024 appeared first on Hospice News.

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Hospice News

OCTOBER 11, 2023

NYSE: HUM) CEO Bruce Broussard will step down in late 2024, with incoming COO and president Jim Rechtin on deck to succeed him. 8, 2024 and will take the helm following Broussard’s departure. Humana is the second-largest operator of Medicare Advantage plans, representing 18% of that market, according to the Kaiser Family Foundation.

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Hospice News

OCTOBER 3, 2023

Hospice News sat down with Marcantonio at NHPCO’s Annual Leadership Conference in Little Rock, Arkansas, to discuss the hospice industry’s priorities for the remainder of 2023 and into 2024. What else is top of mind for you as you’re looking ahead to 2024? But of course other priorities exist.

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Hospice News

OCTOBER 9, 2023

Calls have grown louder for an overhauled design of the Medicare Hospice Benefit, but the path towards change is riddled with contrasting views over regulation, policy and payment structures. Part of the problem is that the [Medicare] Hospice Benefit is 40 plus years old.

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Hospice News

OCTOBER 16, 2023

Centers for Medicare & Medicaid Services’ (CMS) updated risk adjustment policy could lead to tightened belts — or a golden opportunity — for palliative care providers in Medicare Advantage. patients is now reimbursed through risk-based models like Medicare Advantage and Accountable Care Organizations (ACOs).

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Hospice News

FEBRUARY 9, 2024

You have better care outcomes,” Molosky said during the Hospice News 2024 Outlook Webinar. Watch (click here): Hospice News 2024 Outlook Webinar The hospice (and larger health care) workforce has been dwindling even as demand for care rises. Your turnover is less; you have to reinvest less frequently.

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Hospice News

JANUARY 31, 2024

Palliative care, pediatric end-of-life care and end-of-life doula (EOLD) services are top of mind for hospices that are diversifying their services in 2024. About 3% of respondents indicated plans to start offering PACE programs, while 1% are stepping into home-based pediatric hospice services in 2024.

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Hospice News

JULY 28, 2023

Centers for Medicare & Medicaid Services (CMS) is giving hospices a 3.1% increase to their per diem payments for 2024, according to a final rule published Friday. payment boost the agency initially proposed for 2024 hospice payments back in March. The finalized rule also raises the aggregate payment cap to $33,494.01

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Hospice News

DECEMBER 6, 2023

Palliative care’s continued expansion Palliative care leaders expect continued growth in 2024, driven by the proliferation of value-based payment models, greater recognition of these services’ quality improvement and cost savings potential. In addition to the expansion of existing programs, more are cropping up.

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Hospice News

APRIL 3, 2023

The 2024 proposed hospice rule from the U.S. Centers for Medicare & Medicaid Services (CMS) signals the agency’s earliest response to widespread calls to bolster program integrity within the benefit. The post Program Integrity Takes Center Stage in CMS’ 2024 Proposed Hospice Rule appeared first on Hospice News.

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NHPCO

MARCH 5, 2024

For Immediate Release March 4, 2024 (Alexandria, VA) – The National Hospice and Palliative Care Organization (NHPCO) responded to today’s announcement from the Centers for Medicare & Medicaid Services (CMS) that as of December 31, 2024, the hospice benefit component of the Value-Based Insurance Design (VBID) Model will conclude.

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Hospice News

APRIL 26, 2024

Centers for Medicare & Medicaid Services (CMS) has delayed the implementation of hospice certifying physician Medicare enrollment requirements. CMS delayed the date to enroll in or opt out of Medicare until June 3 for physicians who certify hospice services.

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Hospice News

MAY 31, 2023

Centers for Medicare & Medicaid Services (CMS) to reconsider the proposed 2.8% base rate increase for 2024. The post Hospice Providers, Industry Groups: CMS Should Increase 2024 Hospice Base Rate by Nearly 4% appeared first on Hospice News.

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Hospice News

NOVEMBER 14, 2023

Investment trends in the hospice industry have meandered in recent years, impacting providers’ approaches to growth in 2024. In total hospice care saves Medicare roughly $3.5 What M&A trends mean for 2024 Aside from rising payer interest, private equity buyers have increasingly stepped into the hospice space.

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Hospice News

MARCH 26, 2024

Though many expect a hospice M&A rebound in 2024, the scales are tipping in favor of home health companies among buyers. Centers for Medicare & Medicaid Services (CMS) has honed in on hospice program integrity through a number of new regulations, including some in the agency’s 2024 hospice final rule.

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Hospice News

MARCH 8, 2024

Centers for Medicare & Medicaid Services (CMS) has honed in on hospice program integrity through a number of new regulations, including some in the agency’s 2024 hospice final rule. The regulations focused on Medicare enrollment in an effort to stifle unethical or illegal activity in the space.

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Hospice News

AUGUST 2, 2023

Centers for Medicare & Medicaid Services’ (CMS) recently finalized hospice payment rule. The proposed version of the 2024 rule contained several requests for information from providers, which included questions on potential health equity measures. The panel released its report in May.

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Hospice News

OCTOBER 4, 2023

Centers for Medicare & Medicaid Services (CMS) has proposed changes to the 2024 physician fee schedule (PFS) and other Medicare Part B payment policies. The annual Physician Fee Schedule includes updates on what services will be included and paid for by Medicare Part B.

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Hospice News

JANUARY 12, 2024

The Medicare Payment Advisory Commission (MedPAC) has voted to recommend a freeze on hospice payment increases starting in 2025. Centers for Medicare & Medicaid Services (CMS). Centers for Medicare & Medicaid Services (CMS). The 2021 aggregated Medicare hospice margin was 13.3%, according to MedPAC.

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Hospice News

MARCH 15, 2024

The Medicare Payment Advisory Commission (MedPAC) has recommended to Congress a freeze on hospice payment increases starting in 2025. The 2021 aggregated Medicare hospice margin was 13.3%, according to MedPAC. The commission projected an aggregate 2024 margin of 9%. Of those, 1,169 were nonprofits, a 1.4% decline from 2018.

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Chicago Caregiving

JANUARY 3, 2024

While there was no charge to my mother, there was a multi-thousand dollar charge to Medicare for something my mother never needed nor experienced. I called her insurance company, which transferred me to Medicare. Medicare investigators would first confirm my allegations and then try to recoup the funds that it had paid out.

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NHPCO

MARCH 11, 2024

For Immediate Release March 7, 2024 (Alexandria, VA) – The National Hospice and Palliative Care Organization (NHPCO) and its We Honor Veterans (WHV) program responded to the Centers for Medicare & Medicaid Services’ (CMS) clarification on concurrent care eligibility for Veteran beneficiaries.

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Hospice News

DECEMBER 12, 2023

Hospice News sat down with providers, advocacy groups, legal experts and other stakeholders to uncover the most significant hospice regulatory trends from this year and their anticipated impacts heading into 2024 and beyond. Many established services for the purpose of selling the license at a profit or defrauding Medicare.

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Hospice News

NOVEMBER 1, 2023

Centers for Medicare & Medicaid Services (CMS) has finalized its 2024 home health rule, including the implementation of a hospice Special Focus Program (SFP). The final rule forbids any change in majority ownership during the 36 months after initial Medicare enrollment, including acquisitions, stock transactions or mergers.

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Hospice News

MARCH 29, 2024

Centers for Medicare & Medicaid Services (CMS) proposed a 2.6% billion in annual savings for Medicare, which underscores the critical importance of investing in hospice to ensure continued beneficiary access to quality end-of-life care.” Hospice care saves Medicare roughly $3.5 In a proposed rule released yesterday, the U.S.

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NHPCO

APRIL 17, 2023

For Immediate Release April 17, 2023 (Alexandria, VA) The National Hospice and Palliative Care Organization (NHPCO) published the following statement in response to a recent Centers for Medicare & Medicaid Services (CMS) proposed rule that would update key components of hospice reimbursement and regulations in Fiscal Year (FY) 2024.

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Hospice News

MARCH 24, 2023

Centers for Medicare & Medicaid Services’ (CMS) decision to extend the value-based insurance design (VBID) model through 2030: patients’ social needs, health equity and improved care coordination. Originally set to run between 2021 and 2024, CMS indicated yesterday that it would invest five additional years in the demonstration.

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Hospice News

MARCH 7, 2024

The losses are largely the result of a shifting home health payer mix from fee-for-service to Medicare Advantage, which generally pays lower rates. Centers for Medicare & Medicaid Services (CMS). The company foresees 10 de novos launching in 2024. Enhabit in Q4 2023 brought in $260.6 million, down year-over-year from $263.2

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