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

FEBRUARY 13, 2023

Croix Hospice has expanded in Wisconsin, opening its 14th location in the state. “We have been serving the state of Wisconsin for many years, continuing our long tradition of exceptional patient care,” St. . Croix Hospice CEO Heath Bartness said in a press release. ” Adults 65 and older accounted for 17.5%

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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

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. The program also includes components designed to expand access to palliative care.

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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. Angels Care is a portfolio company of AngMar Medical Holdings, Inc. Angels Care is a portfolio company of AngMar Medical Holdings, Inc.

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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. Unity is a family-owned provider established in 1992 that since then has cared for more than 30,000 patients, the company reported. currently, projections by the U.S.

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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

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

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. That tends to lend toward the GIP level of care.”

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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

APRIL 22, 2022

Francis Reflections Lifestage Care recently opened a new inpatient hospice care center inside the Melbourne Regional Medical Center. A swelling demand for hospice in the community spurred the unit’s development. Francis Reflections Melbourne Care Center includes a private bathroom and overnight space for loved ones.

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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

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

DECEMBER 5, 2022

Louisiana-based CommCare Corporation recently acquired Notre Dame Hospice and Notre Dame Home Health for an undisclosed sum. The archdiocese in August announced an agreement to exit from all affiliated senior care businesses, including the health system. currently, according to the U.S. Census Bureau.

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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. To date, much of this has centered around diversified programs like palliative care, PACE and other services. Through a component of this model, the U.S.

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Hospice News

MARCH 29, 2024

Data are key to understanding how value-based care has helped highlight quality benefits of hospice. Centers for Medicare & Medicaid Services (CMS) is sunsetting the hospice component of the value-based insurance design (VBID) as of Dec. The post Hospice’s Outlook in Value-Based Care appeared first on Hospice News.

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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 hit 56.7%

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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. Families caring for seriously ill loved ones face systemic barriers that could threaten patients’ ability to receive care at home, including at the end of life.

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Hospice News

JULY 14, 2022

The University of Pittsburgh Medical Center (UPMC) Somerset health system is halting inpatient services at its Pennsylvania-based hospice facility, effective Aug. Closure of the In Touch Hospice center has inflamed the community, with cries growing louder to urge UPMC to reconsider the move.

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Hospice News

JANUARY 19, 2023

Hospice and behavioral health care could increasingly intersect in coming years as demand for specialized care grows. But the prevalence of mental health conditions and related concerns like isolation and substance abuse mean that hospice and behavioral health providers may need to find more ways to integrate their services.

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Hospice News

MARCH 20, 2023

Hospices are blazing trails toward growth, each provider with its own range of strategies. In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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Hospice News

JANUARY 29, 2024

Countering this however, is the need for greater education for all stakeholders on the nature of these services and how they are distinct from hospice. We’ll likely also see more palliative care programs emerge across the continuum, as more hospices, health systems and primary care companies begin to invest more heavily in these services.

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Hospice News

AUGUST 12, 2022

Croix Hospice continues to stretch its footprint across the Midwest with a de novo located in the southern region of its home state. The hospice has provided services in and around these communities for some time. Croix has no plans to slow down its expansion, Bartness previously told Hospice News. Minnesota-based St.

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Hospice News

MAY 26, 2022

Trinity Health at Home recently acquired Iowa-based Above & Beyond Home Health Care and Hospice for an undisclosed sum. The two will officially join forces on July 1 in a move aimed at expanding much-needed care in local communities. Above & Beyond has provided home health and hospice care across eastern Iowa since 2004.

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Hospice News

JUNE 30, 2022

Oklahoma-based Hospice provider CompleteOK recently entered the Texas market with the purchase of a license from Avenir Hospice Care for an undisclosed sum. We find value [in a license acquisition] in the fact that it’s an open canvas,” Cleland Edwards, owner of CompleteOK told Hospice News. “We

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Hospice News

JUNE 16, 2022

Hospice provider Complete Oklahoma has acquired a license from Houston-based Avenir Hospice Care, establishing the company’s first foothold in Texas. Texas is rampant with home health and hospice opportunities. We see high levels of interest from all of our buyers in those spaces,” Veach told Hospice News.

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Hospice News

JULY 20, 2023

Having a detailed lens into quality metrics and service costs is a key for hospices that are searching for sustainable value-based payment pathways. Two types of data are particularly crucial, the total cost of care and patient outcomes, he added. Originally slated to complete next year, the U.S.

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Hospice News

AUGUST 19, 2022

“As our population ages and the demand for home-based services increases exponentially, we want to be there for the families who have always trusted us to care for their loved ones,” Homeland President and CEO Barry Ramper II told a local news source. Demographics are driving up demand for serious illness care in the Keystone State.

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Hospice News

AUGUST 26, 2022

She returns to the company after nearly three years at the helm of San Diego-based The Elizabeth Hospice as its chief strategy officer. In her new role, she’ll oversee the company’s staff providing care across five counties in the state’s southern region. Kauai Hospice Recruits Retired Emergency Doc as Medical Director.

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Hospice News

DECEMBER 15, 2022

Florida-based Hope Healthcare has affiliated with Chapters Health System, a nonprofit provider of hospice, palliative care and home health, among other services. Combined with its affiliates, Chapters Health is the largest nonprofit hospice provider in the nation and the sixth overall.

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Hospice News

APRIL 21, 2023

Palliative care providers offer a diverse range of services designed to meet their patients’ complex needs, and forthcoming payment model demonstrations will reflect this heterogeneity, fashioned with inclusive, yet measurable tools, Ellen Lukens, deputy director of CMMI said at the Hospice News Palliative Care Conference in Washington D.C.

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Hospice News

SEPTEMBER 9, 2022

Trinity Health has completed its acquisition of MercyOne Health, expanding its hospice footprint in Iowa. The health system provides care across 25 states, operating 88 hospitals, 131 continuing care locations and 125 urgent care sites nationwide. Its services include home health, hospice and PACE programs.

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Hospice News

MAY 10, 2022

The financial boost from acquired home health and hospice agencies helped mitigate COVID-related struggles like rising costs and labor headwinds. “We’re excited to continue our historical acquisition pace in our home health and hospice segment in particular.”. The home health and hospice services segment saw a 7.9%

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Hospice News

APRIL 21, 2022

“Partners In Care and Summit Health were longtime partners in end-of-life care in the region so the formation of a formal agreement was a natural evolution in this relationship,” Hagfors told Hospice News in an email. Palliative and hospice care are value-based care that reduces cost burden throughout the health care system.”.

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Hospice News

JUNE 6, 2023

Compassus and VNS Health have formed a value-based collaboration aimed at improving access, awareness and quality of hospice and palliative care services. The two home-based care organizations are joining forces in a Medicare Advantage (MA) Value-Based Insurance Design (VBID) model partnership.

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Hospice News

SEPTEMBER 27, 2022

“VITAS is dedicated to making hospice care available to all who are eligible,” said Mark Hayes, VITAS vice president of operations, in a statement. Favorable demographics have made Florida a key growth market for hospice providers. Hospice utilization also runs high in Florida. Census Bureau.

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Hospice News

APRIL 25, 2022

For better or worse, value-based care may be the most influential concept in 21st Century health care. And with the advent of new payment models, hospices are no longer on the outside of those programs looking in. CMMI developed the demo to test offering hospice through MA.

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