Hospice News
JUNE 22, 2023
Recent allegations that staff at HCA Healthcare (NYSE: HCA) put pressure on patients to enter hospice dovetail with longstanding questions over how and when patients should be referred. SEIU benchmarked HCA’s hospice transfer rates against national data. Centers for Medicare & Medicaid Services (CMS).
Hospice News
MARCH 29, 2024
The 2025 proposed hospice rule is raising some questions along with payment rates. Centers for Medicare & Medicaid Services (CMS) proposed a 2.6% increase in hospice per diems for 2025. We know that hospice care has demonstrated $3.5 Hospice care saves Medicare roughly $3.5
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Hospice News
MARCH 1, 2024
Frontpoint Health has completed its acquisition of the Texas-based home health and hospice company High Plains Senior Care Group (HPSC). The HPSC deal expands Frontpoint’s footprint and builds density in markets the company already serves, according to CEO Brent Korte. Financial terms were undisclosed.
Hospice News
FEBRUARY 26, 2024
Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. Hospice aides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively. Nurses also accounted for 16.97% of vacancies.
Hospice News
JULY 3, 2023
The practice appears to stem from a rash of newly licensed hospices that have emerged in California, Nevada, Texas and Arizona. Some of these providers have secured licenses, as well as Medicare certification and, sometimes, accreditation. In that time frame, Nevada saw 56 newly certified hospices, and 369 emerged in Texas.
Hospice News
SEPTEMBER 7, 2022
Some hospice company leaders have signaled the labor market may be showing signs of stabilization. For Signify’s likely new parent company, CVS Health, more deal announcements are likely in the next 24 months, particularly in the value-based care and home health arenas, company executives indicated on the bus tour.
Hospice News
DECEMBER 21, 2022
Hospices simply did not have enough staff to meet demand, which drove some of them out of business. Executives from almost every publicly traded hospice company raised this issue in earnings calls and presentations throughout the year. NYSE: CHEM) VITAS Healthcare. “So Centers for Medicare & Medicaid Services (CMS).
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