Hospice News

FEBRUARY 26, 2024

Hospice operators in 2024 are navigating a rapidly transforming environment. The prior three years have laid the groundwork for change, particularly in the regulatory space as well as gradual migration towards value-based reimbursement and in tandem, the proliferation of business lines beyond hospice.

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Hospice News

OCTOBER 3, 2023

Houston Hospice is opening up its inpatient unit for use by other providers. Other hospices will soon be able to admit patients to the company’s unit in the Texas Medical Center in Houston. They will be able to coordinate with Houston Hospice and deliver General Inpatient Care (GIP), helping to avoid hospital readmissions.

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Hospice News

MAY 25, 2023

Massachusetts-based Advanced Home Care has acquired Dignity Hospice Care for an undisclosed amount. The buyer company’s CEO Art Kalenjian will now take the helm at Dignity Hospice. The first patients at the newly acquired Dignity Hospice were able to access the new hospice program in May, according to the press release.

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Hospice News

SEPTEMBER 27, 2023

Health plan participation in the hospice component of the value-based insurance design model (VBID) will fall in 2024. For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) will participate in the program’s hospice component, providing coverage through 78 health plans in 19 states. “It’s been a rocky road.

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Hospice News

JULY 18, 2023

Hospice & Community Care has inked a deal to affiliate with Hospice of Central Pennsylvania. Joining forces will also allow the two Pennsylvania-based nonprofit hospice and palliative care providers to realize cost-savings potential when it comes to purchasing durable medical equipment, pharmaceuticals and other medical supplies.

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Hospice News

NOVEMBER 3, 2023

As hospices prepare for Medicare Advantage, more nonprofits are finding that creating partnerships or entering affiliations will better position themselves for payer negotiations. Nonprofit hospice affiliations have surged in 2022 and 2023. Centers for Medicare & Medicaid Services (CMS) recently extended the program to 2030.

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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. The hospice component is just one facet the demonstration, which is a larger initiative to “modernize” Medicare Advantage, according to CMS.

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Hospice News

JULY 3, 2023

The Illinois legislature has passed a bill that would increase the maximum number of licensed hospice locations in each of the state’s counties to 16, up from five. In addition to boosting the maximum number of hospices, the forthcoming law would permit hospice facilities to care for as many as 24 patients, up from 20.

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Hospice News

FEBRUARY 13, 2023

Croix Hospice has expanded in Wisconsin, opening its 14th location in the state. Croix Hospice CEO Heath Bartness said in a press release. The Badger State’s population of seniors 60 and older was outpacing the growth of other age groups in 2012 and is projected to increase with an uptick of nearly 36% by 2030.

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Hospice News

AUGUST 4, 2023

Hospice of the Chesapeake has exceeded its growth expectations since its 2020 acquisition of Hospice of Charles County. At the transaction’s closing, the acquisition boosted Hospice of the Chesapeake’s average daily census to more than 620, up from 580. The financial terms of the transactions were undisclosed.

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Hospice News

FEBRUARY 3, 2023

Mansfield, Texas-based Angels Care Hospice has set the ball rolling on expanding to two additional counties, reaching areas that have lacked a provider for more than a decade. By extending its footprint, the company is helping to fill a gap left when Big Bend Regional Medical Center in Alpine, Texas, shuttered its hospice program in 2010.

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Hospice News

OCTOBER 4, 2022

Enhabit Home Health and Hospice (NYSE: EHAB) has acquired Texas-based Caring Hearts Hospice for an undisclosed amount, adding four locations to the company’s footprint in the state. Enhabit emerged from the spinoff of Encompass Health’s (NYSE: EHC) home health and hospice segment, which completed in July. billion to $1.12

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Hospice News

JUNE 30, 2022

Texas-based senior living provider EdenHill Communities recently expanded to offer hospice services. The continuing care retirement community (CCRC) is located on a 27-acre campus, in which eligible residents are now able to access in-house hospice services. The company previously outsourced hospice services for residents.

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Hospice News

MARCH 28, 2023

Hospices will need to leverage creativity to thrive in a Medicare Advantage reimbursement environment. Often called the Medicare Advantage carve-in, the hospice component of the value-based insurance design (VBID) model is now in its third year. Centers for Medicare & Medicaid Services (CMS) extended the demo through 2030.

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Hospice News

DECEMBER 23, 2022

Illinois-headquartered Unity Hospice & Palliative Care has expanded to Houston, Texas, following its acquisition of an existing license in that market. This expansion coincides with Unity’s 30 th anniversary as a premier hospice and palliative care organization,” Unity owner Michael Klein told Hospice News in an email. “As

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Hospice News

APRIL 20, 2022

Bristol Hospice has acquired Hospice Select in the Dallas-Fort Worth area for an undisclosed sum. The hospice operates more than 45 locations across 13 states, with EBITDA that exceeds $70 million, according to PE Hub. M&A advisory firm Agenda Health represented Hospice Select in the transaction. “We

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Hospice News

SEPTEMBER 26, 2023

Providers and payers alike are strategizing ways to tackle current reimbursement challenges and anticipate hospice payment’s future direction. Centers for Medicare & Medicaid Services (CMS)] has expressed the goal of increasing the number of patients who are under value-based care,” Wise told Hospice News during the ELEVATE conference.

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Hospice News

FEBRUARY 16, 2024

billion by 2030, a 2023 study in the Journal of Cardiac Failure found. By 2030, the direct medical costs associated with heart failure are expected to reach $53 billion, with indirect costs exceeding $70 billion. The post How Palliative Care Can Benefit Heart Failure Patients appeared first on Hospice News. Approximately 6.7

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Hospice News

JUNE 6, 2022

Hospice of the Red River Valley recently began construction on a new inpatient facility in North Dakota. Set to open by 2024, Heather’s House will expand hospice care options for both adult and pediatric patients. . Development of the hospice house has been a long journey. COVID absolutely pushed it.

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Hospice News

OCTOBER 4, 2022

Agape Care Group has expanded into Alabama and Louisiana with the acquisition of Journey Hospice. Both [Alabama and Louisiana] are tremendous markets with compelling demographics and strong workforces,” Agape CEO Troy Yarborough told Hospice News. “We Hospice utilization among Medicare decedents in Alabama reached 47.4%

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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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Hospice News

OCTOBER 4, 2022

has acquired Trio Home Health Care and Hospice, growing its reach in the Lone Star State, which is a key focus area for the company. This latest acquisition fills our quest to expand our geographic footprint within our primary service areas,” said Jet Health CEO Stace Bratcher in a statement shared with Hospice News.

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Hospice News

APRIL 2, 2024

More palliative care and hospice companies are developing programs to meet the specific concerns of these patients to improve access to care. million by 2030, up from 641,860 in 2000, according to 2013 research from the University of New Mexico Department of Family and Community Medicine. “I

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Hospice News

SEPTEMBER 12, 2022

Utah-based Canyon Home Health & Hospice recently acquired Uintah Home Health and Hospice for an undisclosed amount, growing its footprint in the Beehive State state. Uintah Home Health and Hospice patients began receiving services under the Canyon umbrella earlier this month. Its hospice utilization rate reached 60.5%

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Hospice News

FEBRUARY 24, 2023

OpusCare of Florida recently opened a new inpatient hospice facility near the state’s southern tip. This made the facility the first freestanding hospice center in that region. “We Initially scheduled to open in the first quarter of 2022, the 13-suite hospice center began operations last week. “It Census Bureau.

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Hospice News

APRIL 28, 2022

Maryland-based Hospice of the Chesapeake has penned an agreement to acquire nearby Calvert Hospice for an undisclosed amount. ” Hospice of the Chesapeake has cared for patients since 1979, prior to establishment of the Medicare Hospice Benefit. Hospice of the Chesapeake in Oct.

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Hospice News

DECEMBER 5, 2022

Louisiana-based CommCare Corporation recently acquired Notre Dame Hospice and Notre Dame Home Health for an undisclosed sum. CommCare’s purchase of Notre Dame’s home health and hospice operations marks the transaction of this divestiture Its nursing home services are next in line as part of a separate deal set to close in 2023.

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Hospice News

JANUARY 19, 2024

Unity Hospice and Palliative Care of Greater Houston has unveiled a five-year general inpatient (GIP) service agreement with the University of Texas Medical Branch (UTMB) Health. The hospice will provide GIP care across the health system’s four hospitals. Unity Hospice and Palliative Care serves 13 counties in Texas.

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Hospice News

NOVEMBER 30, 2023

Three independent providers — By the Bay Health, Mission Hospice & Home Care and Hope Hospice — will merge, becoming the largest nonprofit hospice network in northern California. In the intervening months, Hope Hospice also joined the transaction. By the Bay Health was the first hospice to operate in its home state.

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Hospice News

OCTOBER 5, 2022

Croix Hospice has been on a quest to conquer the Midwest through acquisitions and de novos. The company today announced its purchase of Adaptive Hospice from Help at Home, which brings St. The hospice provider is a portfolio company of the private equity firm H.I.G. Croix Hospice President and CFO Stephen Phenneger. “We

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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. Hospice utilization in Missouri reached 50.2%

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Hospice News

JULY 6, 2022

Hospice of Morrow County has joined forces with Ohio’s Hospice of Central Ohio, a member of a regional partnership of providers in the state. . Hospice of Morrow County has joined forces with Ohio’s Hospice of Central Ohio, a member of a regional partnership of providers in the state. Seniors currently represent 17.5%

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Hospice News

AUGUST 3, 2023

A transition to value-based reimbursement would fundamentally change the traditional hospice business model. Hospices are inching ever closer to the value-based arena. There are some really positive changes that are attached to a value-based care organizational model,” Jain told Hospice News.

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Hospice News

JANUARY 18, 2024

Helios Care is working to change the face of hospice in its update New York service region, with a new partnership with the Bassett Healthcare Network as a cornerstone of its strategy. Formerly known as Catskills Area Hospice and Palliative Care, the organization rebranded as Helios in 2019.

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Hospice News

JANUARY 3, 2023

Hospices can assist terminally ill patients and their families who have questions about “green” burial options by connecting them with services like death doulas or by educating staff on those practices. A lot of people on hospice services want to run the whole spectrum of that holistic care and tend to be more open to the idea.

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Hospice News

FEBRUARY 2, 2023

Given the critical role of family caregivers in home-based care, hospices have a vested interest in expanding their access to support. And while hospices offer social workers and spiritual care, many families continue to have unmet needs that could impede some patients’ access to hospice.

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Hospice News

JULY 5, 2022

Iowa-based Hospice of Washington County is rebuilding and relocating its administrative offices, which also houses the provider’s palliative care clinic. The hospice received a $60,464 grant from the Iowa Department of Agriculture and Land Stewardship to fund the rebuild, part of a statewide water quality improvement project.

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