Hospice News

MAY 1, 2024

The impending demise of the hospice component of U.S. Centers for Medicare & Medicaid Services’ value-based insurance design (VBID) model has largely been met with a sense of relief by providers as they plan new initiatives for palliative care in 2025.

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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

JUNE 3, 2022

The Medicare Part A trust fund is still on track to run short of money before the decade is out, but not as quickly as previously anticipated. By 2028, Medicare would have sufficient dollars to cover 90% of Medicare expenses. Hospice expenditures in particular are expected to increase to more than $48.2 population.” ?

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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. This includes the hospice benefit component, often called the Medicare Advantage carve-in, CMS confirmed.

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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

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

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

DECEMBER 19, 2023

Residential Hospice has acquired Illinois-based Safe Haven Hospice from the senior living provider Christian Horizons for an undisclosed sum. ” By 2030, seniors are projected to make up nearly a quarter (22.3%) of the overall Illinois population, up from 16.6% Centers for Medicare & Medicaid Services (CMS).

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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

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

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

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. Hospices have new evidence at their disposal to make this case.

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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 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

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

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

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

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

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 projected.

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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

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

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

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

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

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 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

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

SEPTEMBER 22, 2023

By the Bay Health and Mission Hospice & Home Care recently signed a letter of intent to merge the two California-organizations. The new organization – combining two of the longest-standing not-for-profit hospices in California – would be uniquely positioned to serve more patients and families.”

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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

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. We are thankful the community will now have access to hospice care close to home to service the growing need.”.

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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

APRIL 21, 2023

The Center for Medicare & Medicaid Innovation (CMMI) is considering a broad spectrum of payment models that could integrate palliative care. Mertz Photography Mertz Photography Ellen Lukens at the Hospice News Palliative Care Conference. Currently, palliative care providers can bill for physician services through Medicare Part B.

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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

SEPTEMBER 25, 2023

Centers for Medicare & Medicaid Services (CMS) could potentially increase their number. CMS has announced plans to ensure that 100% of Medicare beneficiaries become aligned with an accountable care entity by 2030, a goal that could expand reimbursement potential for palliative care providers.

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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

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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