NHPCO

MARCH 28, 2024

nhpco.org Press Contact Elyssa Katz NHPCO Communications 571-281-0220 The post NHPCO Responds to CMS FY 2025 Hospice Proposed Rule appeared first on NHPCO. For Immediate Release March 28, 2024 CMS Proposes 2.6%

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Hospice News

APRIL 8, 2024

Centers for Medicare & Medicaid Services’ (CMS) 2025 proposed hospice rule contained requests for information (RFIs) that could signal changes in the agency’s thinking on key issues. Through RFIs, CMS tries to take the pulse of providers’ positions on certain questions that could impact the Medicare Hospice Benefit.

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Hospice News

MARCH 23, 2023

Centers for Medicare & Medicaid Services (CMS) is extending the value-based insurance design demonstration for calendar years 2025 to 2030, including the hospice component. The hospice component of VBID, also called the MA carve-in, launched in 2021 and was originally slated to complete after four years.

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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. In addition to the payment recommendation, MedPAC did not propose any cuts to the aggregate payment cap for 2025, as it has previously for several years running.

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Hospice News

APRIL 16, 2024

UnitedHealth Group has taken steps to stabilize Change Healthcare and resume normal operations, with a full financial recovery expected in early 2025. The data breach caused widespread disrupting in claims processing and other activities.

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Hospice News

MARCH 26, 2024

The Medicare Payment Advisory Commission (MedPAC) recently called for a freeze in the hospice per diem base rate for 2025, for instance. Potential reimbursement pressures also play a role, according to Triava CEO Jared Rhodes. A third major factor is the rise of Medicare Advantage and managed care, Rhodes indicated.

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Hospice News

NOVEMBER 22, 2023

by 2025, up from 13.5% Favorable demographics are among the factors that make Missouri an attractive market for hospices. The proportion of seniors older than 65 in Missouri’s population is expected to reach 19.1% in 2000, according to the U.S. Census Bureau. As part of its growth strategy, St.

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Hospice News

OCTOBER 16, 2023

The Financial Accounting Standards Board (FASB) recently introduced a new rule that will require newly formed joint ventures (JVs) to disclose the net value of each participating asset at the onset of solidifying these deals. The requirement will take effect for all JVs with a formation date on or after Jan.

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Hospice News

MARCH 4, 2024

CMS will not accept applications to the previously released CY 2025 Request for Applications for the Hospice Benefit Component of the VBID Model.” For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) are participating in the hospice component, providing coverage through 78 health plans in 19 states.

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Hospice News

APRIL 25, 2024

We] feel very encouraged about the outlook for those markets and the acquisition of being immediately accretive, and what it will mean for the remainder of 2024 and into 2025 and beyond. “We have other opportunities as we think about the existing markets that we overlap with Covenant, as well as the new markets,” Westfall said. “[We]

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NHPCO

MARCH 5, 2024

CMS will no longer be accepting applications for the calendar year (CY) 2025 Request for Applications. This means hospice will no longer be a part of the VBID model beginning January 1, 2025. Hospice providers currently contracted with MAOs will continue with their contracts for CY 2024.

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Hospice News

APRIL 5, 2023

Under the model extension, beginning in 2025, CMS will more closely align flexibilities for concurrent care with those offered in other CMS Innovation Center models,” CMS indicated today on its website. “By During those additional years, patients will be able to receive curative treatments in tandem with hospice care.

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Hospice News

MARCH 13, 2024

More importantly, CDPH is collaborating with stakeholders, such as CHAPCA, to create more stringent hospice regulations that will come into effect from January 1, 2025. It’s crucial to acknowledge that CDPH is taking active measures to ensure that hospices in California are safe and effective for patients.”

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Hospice News

DECEMBER 27, 2023

“We believe the positive strides we have made in 2023 are reflected in these completed financing transactions, which clear our debt maturities until 2025,” said Dawn Kussow, Brookdale’s executive vice president and CFO, in a statement. In tandem with the sale, Brookdale refinanced its remaining 2024 debt maturities.

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Hospice News

JULY 18, 2023

The two-and-a-half-year clinical trial is expected to launch in autumn 2025. The Patient-Centered Outcomes Research Institute (PCORI) is financing the study through a $27.5 million grant. It will include more than 43,000 seriously ill patients admitted to 48 hospitals in 17 states who have at least a 50% chance of death within a year.

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Hospice News

MARCH 20, 2024

1, 2025, with the application period starting May 20 and ending June 17. The advance payments are also designed to help cover some of the costs of forming an ACO when appropriate, as well as administrative costs associated with the model. ACOs will then distribute payment to the participating primary care providers in their networks.

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Hospice News

JUNE 30, 2023

By 2025, their numbers will nearly double, according to the U.S. “During COVID, the need became more apparent as patients did not have the option to have families with them during their final hours.” Nearly 500,000 seniors live in Orange County, close to 16% of the total population. Census Bureau.

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Hospice News

DECEMBER 20, 2022

This practice was first implemented by the IMPACT Act for years 2016 through 2025 and was previously extended to 2023. The post Federal Spending Bill Would Extend Hospice Recertification Via Telehealth Through 2024 appeared first on Hospice News.

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Hospice News

FEBRUARY 1, 2023

We remain on track to cover approximately 40% of our MA members with the fully value-based model by 2025. “In the home, we have continued to expand our value-based model, which coordinates care and optimizes spend, across home health, [durable medical equipment] and infusion services,” Humana CEO Bruce Broussard said in an earnings call. “We

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Hospice News

MARCH 14, 2023

by 2025, up from 13.5% Favorable demographics are among the factors that make Missouri an attractive market for hospices. The proportion of seniors older than 65 in Missouri’s population is expected to reach 19.1% in 2000, according to the U.S. Census Bureau. Hospice utilization in Missouri reached 50.2%

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Hospice News

OCTOBER 20, 2023

Gen Z includes individuals born between 1997 and 2025, according to the Pew Research Center. As more members of “Gen Z” come into the hospice workforce, employers will need to adapt to their unique perspectives, needs and priorities in order to maximize recruitment and retention.

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Hospice News

JANUARY 3, 2024

The Value in Health Care Act would extend the 5% incentive into 2024 and 2025 — a move that could foster greater opportunities for palliative care providers working in alternative payment systems, according to David Pittman, director of communications and regulatory affairs at the National Association of ACOs (NAACOS).

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Hospice News

AUGUST 30, 2022

by 2025, up from 13.5% Favorable demographics are driving interest among providers in the Missouri and Ohio markets. The proportion of seniors older than 65 in Missouri’s population is expected to reach 19.1% in 2000 and 13.6% in 2008, according to the U.S. Census Bureau. Hospice utilization in Missouri reached 50.2%

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Hospice News

DECEMBER 12, 2023

With the 4% payment reduction if you don’t submit 90% of your data, it seems like we are picking up hints from CMS that there will be new hospice assessment tools that will be in the fiscal year 2025 proposed rule. OIG anticipates the audit’s results to roll out in the fiscal year 2025.

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Hospice News

JANUARY 5, 2023

billion and $16 billion for Fiscal Year 2025. But WBA expects its recent investments to pay off in the long term. Following VillageMD-Summit deal, for instance, it increased its health care segment revenue targets to between $14.5 The previous target ranged from $11 billion to $12 billion. . “We

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Hospice News

MARCH 19, 2024

If enacted, the bill would require the Connecticut Department of Public Health (DPH) to create a plan for the development of the program and establish general statutes around its implementation. The plan would have to be completed by Jan. The pediatric provider launched its palliative care services roughly a decade ago, Moss said.

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Hospice News

MARCH 17, 2023

Among these companies is Agrace Hospice & Supportive Care, which unveiled an initiative last October to become carbon neutral by 2025, according to President and CEO Lynne Sexten. Strategies evolve as an organization’s carbon neural effort matures,” Sexten told Hospice News in an email. “In

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Hospice News

MARCH 22, 2024

And so we’re working with our local clinical care organization in our part of the state to figure out a value-based reimbursement model for palliative care, which will become effective January 2025. Earlier you spoke about compassion fatigue among hospice workers, and I’m wondering how you seek to address that within your staff?

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Hospice News

JUNE 29, 2022

Chartis projects that MA will account for 50% of all Medicare beneficiaries by 2025. More than 28 million beneficiaries are enrolled in MA for 2022, representing about 45% of all Medicare recipients, according to research by Chartis Health. This reflects a total enrollment increase of 9% over 2021.

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Hospice News

APRIL 4, 2024

1, 2025, with the application period starting May 20 and ending June 17. “There’s lots of opportunities here in terms of bringing palliative care and hospice care more front and center and more top of mind, frankly, to those on the care team to present that to their patients,” Behan said.

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Hospice News

SEPTEMBER 28, 2022

As much as $265 billion in health care dollars could shift from facilities to the home setting by 2025, according to a McKinsey & Company survey. Respondents were physicians who care predominantly for Medicare fee-for-service or Medicare Advantage patients.

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Hospice News

JULY 7, 2022

by 2025, up from 13.5% Also in Missouri, the company purchased three Missouri companies from LifeCare Collective last October — HomeCare of Mid Missouri, Nurses & Company and Transitions Hospice. The proportion of seniors older than 65 in Missouri’s population is expected to reach 19.1% in 2000 and 13.6% in 2008, according to the U.S.

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Hospice News

AUGUST 29, 2022

I would imagine we’ll have more clarity around 2023-2025 reimbursement by late this year or early next year. “This will affect home health M&A volume in Q3 and Q4, for sure, but I’m not sure the period of uncertainty is long enough for buyers to shift their focus significantly towards hospice,” Mertz said.

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EAPC (European Association of Palliative Care)

MARCH 8, 2024

We are excited to announce that our next event, the 19th EAPC World Congress, will take place in Helsinki, Finland from 29 – 31 May 2025. If you wish to be added to the waiting list, please email congress@eapcnet.eu We have already started to work on the programme and are committed to delivering a comprehensive and engaging congress.

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Hospice News

FEBRUARY 9, 2024

We’re going to lay out a five-year strategic plan as a bridge between 2025 and 2030 that will define Blue Ridge Hospice’s role in the future. We can leverage that and leverage all the gifts and attributes of that and shoehorn it into really planning for the future.

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Comforcare Home Care

JANUARY 5, 2023

Here are some Medicare changes you might want to know about. Medicare will be able to negotiate drug prices (starting in 2023). Out-of-pocket drug costs on Part D will be capped at $2000/year starting in. Out-of-pocket insulin costs will be capped at $35/month for Medicare. participants (starting in 2023).

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Hospice News

JANUARY 16, 2024

We do anticipate significant M&A activity in the near future and into 2025. And if so, would that pipeline be weighted more towards home health or hospice or another business line? As we build our enterprise, we just broke 10,500 patients on average daily census (ADC) means we touch about 110,000 people a year.

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