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U.S. Health Care Spending Reaches $4.9 Trillion

Hospice News

The nations total health expenditures rose 7.5% In 2022, health care spending rose at a rate of 4.6%. The health sectors share of the economy in 2023 was 17.6%, which was similar to its share of 17.4% The rate of increase for health care spending last year surpassed growth in the nations Gross Domestic Product, which rose 2.9%.

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Mount Sinai Seeks to Develop National Caregiver Support Framework

Hospice News

New York City-based Mount Sinai Health System recently unveiled its new family caregiving center to improve how patients’ loved ones are recognized and supported in their roles. The health system announced the opening of its Steven S. Elbaum Family Center for Caregiving in late May.

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DOJ’s Lawsuit Against Amedisys, UnitedHealth Group Set for Mediation

Hospice News

are two of the largest home health and hospice service providers in the country, DOJ indicated in its complaint filed with the court. Today, competition between UnitedHealth and Amedisys benefits millions of Americans who need home health or hospice services. UnitedHealth Group Incorporated and Amedisys, Inc.

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Value-Based Care a Driver of Palliative Care Investment

Hospice News

A clear trend has emerged in the health care industry: Mergers and acquisitions of healthcare firms have slowed year over year. An estimated six hospice deals took place in Q3 of last year, with six home health and 11 home care also completed, Mertz Taggart reported. At the same time, personalization of health care is growing.

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Amedisys Sees Hospice Admissions Dip Despite Revenue Growth

Hospice News

Rate increases and home health volume growth were offset by raises, wage inflation, a shift in home health mix, investments in hospice clinical staffing and higher compensation and benefit costs,” Amedisys indicated in slides accompanying its earnings release. Amedisys’ year-to-date adjusted EBITDA reached $191.1

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UnitedHealth Group ‘Optimistic’ on Amedisys Deal Closing

Hospice News

This is according to a document that the insurance and health care services giant prepared in advance of its annual shareholder meeting. UnitedHealth Group (NYSE: UHN) still expects to close its purchase of Amedisys (NASDAQ: AMED) despite ongoing legal challenges. billion.

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Integrating Social Determinants Into Palliative Care

Hospice News

Strong staff education and reimbursement are among the keys to successfully integrating social determinants of health within a palliative care program. Does palliative care intersect with social determinants of health? Screening tools developed by the U.S. Photo by TBAR Productions. Photo by TBAR Productions. Photo by TBAR Productions.