NHPCO

MARCH 28, 2024

proposed rate increase for hospices is not enough to support the continued delivery of hospice care amidst rising cost pressures and ongoing workforce constraints affecting hospices nationwide,” said NHPCO COO and Interim CEO, Ben Marcantonio. “The We know that hospice care has demonstrated $3.5

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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. This recommendation is offered at a time when hospice care costs have risen faster than any inflation update provided by CMS,” Dombi told Hospice News in an email. “A

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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. It makes sense.

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Hospice News

MARCH 4, 2024

Centers for Medicare & Medicaid Services will end the hospice component of the value-based insurance design model (VBID) as of Dec. Often called the “hospice carve-in,” the program was designed to test coverage of hospice care through Medicare Advantage, in addition to some coverage of palliative care and transitional care.

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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. After 2023’s slump, PE firms have been sitting on more than $800 million in dry powder, according to data shared with Hospice News by The Braff Group. But additional data point to a resurgence.

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Hospice News

NOVEMBER 22, 2023

Croix Hospice has expanded its Missouri footprint with a de novo in the Wildwood community. Favorable demographics are among the factors that make Missouri an attractive market for hospices. by 2025, up from 13.5% by 2025, up from 13.5% Croix Hospice Founder and CEO Heath Bartness previously told Hospice News.

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Hospice News

MARCH 13, 2024

As hospice program integrity remains in the spotlight, California remains the only state to take action on curbing the problem. Beginning in 2021, numerous reports emerged of unethical or illegal practices among hundreds of newly licensed hospices, particularly among new companies popping up in California, Texas, Nevada and Arizona.

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Hospice News

APRIL 25, 2024

(NYSE: CHE) subsidiary VITAS Healthcare is ramping up its strategic growth plans in both hospice and palliative care amid rising demand for these services. VITAS earlier this month completed its $85 million acquisition of Covenant Health and Community Services’ hospice operations and one assisted living facility location.

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Hospice News

OCTOBER 16, 2023

Recent regulatory moves aimed at greater transparency and consistency in the structure of joint venture valuations may impact how hospices approach these partnerships. The same goes for hospices, palliative and primary care providers evaluating their value, the law firm indicated in a statement emailed to Hospice News.

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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.

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Hospice News

APRIL 5, 2023

Centers for Medicare & Medicaid Services (CMS) will allow hospice patients to receive concurrent care through the Medicare Advantage hospice carve-in, and will permit health plans to further restrict utilization of out-of-network providers. But today’s update from CMS contained another critical change from prior years.

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Hospice News

MARCH 19, 2024

Connecticut legislators recently introduced a bill that aims to create a statewide pediatric hospice and palliative program. Connecticut Children’s provides a range of 30 pediatric services, including hospice, and has more than 40 locations in its home state, New York and Massachusetts. The plan would have to be completed by Jan.

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Hospice News

MARCH 14, 2023

Legacy Hospice has expanded in Missouri by acquiring Safe Harbor Hospice for an undisclosed sum. The company is backed by the Chicago-based private equity firm Prairie Capital. We have no reason to believe this growth won’t continue,” Blair told Hospice News. “We by 2025, up from 13.5% by 2025, up from 13.5%

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Hospice News

JUNE 30, 2023

NYSE: CHE), has opened its first hospice house in Orange County, California, currently the only such facility in that region. By 2025, their numbers will nearly double, according to the U.S. More patients elect hospice in California than in any other state. VITAS Healthcare, a subsidiary of Chemed Corp. Census Bureau.

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Hospice News

OCTOBER 20, 2023

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. Gen Z includes individuals born between 1997 and 2025, according to the Pew Research Center.

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Hospice News

MARCH 20, 2024

The Centers for Medicare & Medicaid Innovation (CMMI) has unveiled a new primary care-oriented Accountable Care Organization (ACO) payment model that holds opportunities for hospices. Though the model is focused on primary care, it could help more patients receive hospice and palliative care when appropriate, according to CMS. “The

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Hospice News

MARCH 22, 2024

Hospice providers need to evolve with their changing patient populations and the larger health care system, according to Greg Hagfors, CEO of Partners In Care. A group of volunteers had brought the hospice concept from the United Kingdom to Oregon, according to Hagfors. Partners In Care has done that well with home health care.

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Hospice News

DECEMBER 27, 2023

Brookdale Senior Living (NYSE: BKD) has sold its remaining 20% stake in its hospice, home health and therapy joint venture with HCA Healthcare (NYSE: HCA) for $27 million. The post Brookdale Sells 20% Stake in Hospice, Home Health JV with HCA appeared first on Hospice News. The company did not name the buyer.

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Hospice News

DECEMBER 20, 2022

The omnibus spending bill to currently before Congress includes provisions that would extend the waiver for recertification using telehealth through the end of 2024, among other items pertaining to hospice. For many hospices, what began as a temporary measure has evolved as an integral part of clinical operations.

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Hospice News

MARCH 17, 2023

More hospices are going green, making short-term investments to cultivate long-term sustainability. 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. Amedisys, Inc.

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Hospice News

FEBRUARY 1, 2023

Humana later sold a 60% stake in Kindred’s hospice business to the private equity firm Clay, Dubilier and Rice) for $2.5 We remain on track to cover approximately 40% of our MA members with the fully value-based model by 2025. Its growth was offset by lost income from the hospice divestiture, according to Broussard.

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Hospice News

APRIL 16, 2024

During the past two years, the insurance giant has completed a slew of acquisitions spanning much of the health care continuum — including hospice, palliative care and home health — as well as health care technology, largely through its subsidiary Optum. The data breach caused widespread disrupting in claims processing and other activities.

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Hospice News

FEBRUARY 9, 2024

Community-based nonprofit hospices can help blaze a trail towards a better future in American health care. This will be a core philosophy underlying Blue Ridge Hospice’s strategic goals for years to come, according to the company’s recently appointed CEO Jason Parsons.

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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

AUGUST 30, 2022

Michigan-headquartered Residential Hospice has acquired Comfort Hospice in Missouri and Grace Hospice in Ohio for undisclosed amounts. Residential purchased the two hospices from health care company U.S. Medical Management will retain its hospice locations outside of St. by 2025, up from 13.5% Census Bureau.

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Hospice News

APRIL 4, 2024

Collaborations with participants in the Centers for Medicare & Medicaid Innovation’s (CMMI) Accountable Care Organization (ACO) Primary Care Flex demo could allow hospices to leverage their skill sets to access more patients. Hospices and palliative care providers can come to ACOs by two main avenues.

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Hospice News

SEPTEMBER 28, 2022

In addition to traditional home-based services like hospice, home health, and personal care; community-based palliative care is on the rise, as are emerging high-acuity models like hospital-at-home and skilled nursing-at-home programs. “I Hospice rejection rates hit an all-time high of 41%. The labor shortage is so complex.

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Hospice News

APRIL 1, 2024

In this interview, Hospice News sits down with Tim Smokoff, General Manager, Home Health and Hospice, MatrixCare , to talk ab out the most pressing challenge facing providers in today’s hospice landscape — staffing. Hospice News: What life and career experiences do you most draw from in your role today?

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Hospice News

AUGUST 29, 2022

Disruption in home health reimbursement has an influence on the hospice mergers and acquisitions market, particularly among the rising number of companies offering both services. So many industry consolidators paused all but the most strategic deals and pivoted to hospice. “. A few factors come into play here.

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Hospice News

AUGUST 31, 2022

Building up clinical ranks through education, training and tuition reimbursement programs is an increasingly common thread that hospices are weaving into their recruitment and retention initiatives. Building career paths for hospice clinicians. Heath will become the organization’s CEO effective October 1.

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Hospice News

JULY 7, 2022

Croix Hospice has expanded in Missouri with a Jefferson City de novo in the central region of the state. Croix Hospice serves in the Show-Me State to 44. “We have been steadily growing our presence in the state to provide expert hospice care to those who need it and are excited to place a team in this centralized location.”

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Hospice News

DECEMBER 15, 2022

In this Voices interview, Hospice News sits down with Deanna Heath, VP of Hospice, KanTime, to talk about the potential impact of the Value-based Insurance Design (VBID) model on today’s hospice landscape. Hospice News: What career experiences do you most draw from, in your role today?

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Hospice News

JUNE 21, 2023

Department of Health & Human Services (HHS) Office of the Inspector General (OIG) recently announced plans to launch a new audit that will focus on general inpatient hospice services. Through the audit, OIG will determine whether hospice providers that billed for general inpatient care complied with Medicare requirements.

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NHPCO

JANUARY 12, 2024

During yesterday’s public meetings, the MedPAC Commissioners unanimously voted in favor of the Chair’s hospice recommendation, which will be included in the Commission’s report to Congress in March 2024. While MedPAC is not a policy-setting body, its recommendations do bear weight among policymakers and lawmakers.

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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 post Penn Medicine Sets Out to Identify Best Palliative Care Models appeared first on Hospice News. The Patient-Centered Outcomes Research Institute (PCORI) is financing the study through a $27.5 million grant.

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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). According to Sen.

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Hospice News

JANUARY 5, 2023

Those companies both provide palliative care in addition to their other services, and the latter also contracts with hospices through its Accountable Care Organization (ACO). . Walgreens-Boots Alliance also owns a significant stake in the home health and hospice provider Brightspring Health Services. and VillageMD.

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