Hospice News

APRIL 20, 2023

That’s no surprise, as many anticipate health care investors to operate with a more conservative approach in 2023. The cooldown, experts note, is partly due to inflation reaching multi-decade highs, uncertainty in the banking world and credit markets drying up. But buyers are no longer jumping at elevated valuations. “To

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Hospice News

AUGUST 23, 2023

The Dallas-based home health and hospice provider announced today that it had satisfied the conditions of its Tax Matters Agreement (TMA) with its former parent company Encompass Health (NYSE: EHC). Enhabit emerged from the 2021 spinoff of Encompass Health’s home health and hospice segment.

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Hospice News

APRIL 8, 2024

A second RFI addressed social determinants of health. Note, CMS is not seeking a change to the definition of palliative care but rather should CMS consider defining palliative services with regard to high-cost treatments? The agency has voiced a concern that patients in need often do not receive these services. Jacky Rosen (D-Nev.),

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Hospice News

SEPTEMBER 19, 2023

The National Partnership for Hospice and Healthcare Innovation (NPHI) has issued public comments on CMS’ proposed home health rule for 2024. This will save time and financial resources for all parties involved as noted by CMS,” the organization indicated in a letter to CMS. Department of Health and Human Services (HHS).

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Hospice News

FEBRUARY 20, 2024

A dearth of coordination or integration between rehab teams and palliative care teams routinely forces some patients into a cycle between the hospital and the nursing home in their last year of life. The repeated hospitalizations persisted until her death — she never returned home.

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Hospice News

FEBRUARY 27, 2024

Palliative care has been one of the largest growing segments of the health care industry in the last decade despite challenges such as staffing shortages, reimbursement headaches and misconceptions regarding this type of care. According to the World Health Organization, each year, an estimated 56.8 million people need palliative care.

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Hospice News

JUNE 26, 2023

The pending transaction followings a previous offer to aquire Amedisys by the home infusion company Option Care Health (NASDAQ: OPCH) for $3.6 The contract between those two companies contained a “Superior Proposal Clause” that enabled the home health and hospice provider to pull out if they received a better offer.

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Hospice News

OCTOBER 20, 2023

To ensure smooth care transitions for patients with serious illnesses, palliative providers must tread carefully, collaborating not only with patients and their families but also with other health care providers and community resources to provide holistic support. What is that patient struggling with?

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Hospice News

AUGUST 1, 2023

NASDAQ: ADUS) has completed the acquisition of the home health, hospice, and private-duty company Tennessee Quality Care for an undisclosed amount. All told, Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states. Addus HomeCare Corp. Census Bureau.

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Hospice News

MARCH 29, 2024

billion for patients in their last year of life, according to a joint report from NHPCO, the National Association for Home Care & Hospice (NAHC) and NORC at the University of Chicago. It also featured a series of requests for information (RFI) on issues like health equity, social determinants of health and future quality measures.

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Hospice News

JANUARY 13, 2023

Through acquisitions and contracts with providers, more payers are going all-in on home-based care. These investments underscore the rising profile of the home setting within the health care system, according to UnitedHealth Care CEO Andrew Witty. As Witty noted, other payers also recognize opportunities in the home setting.

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Hospice News

JUNE 5, 2023

(NASDAQ: AMED) has received an unsolicited proposal from the UnitedHealth Group (NYSE: UNH) subsidiary Optum to acquire all outstanding shares of the home health and hospice provider’s stock. billion deal with Option Care Health (NASDAQ: OPCH). “On per Amedisys share, based on Option Care Health’s May 2 closing stock price.

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Hospice News

APRIL 28, 2022

Amedisys (NASDAQ: AMED) subsidiary Contessa Health is seeing strong patient engagement for its expanded home-based palliative care program, which the company launched in January in partnership with Mt. Sinai Health System in New York. With this in place, the company now offers a full continuum of home-based care.

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Hospice News

MAY 11, 2022

Encompass Health Corporation (NYSE: EHC) continues to rebound from the recent staffing woes within its hospice and home health segment. that near-term optimism coming from Encompass Health – and many of its peers – could prove short-lived. It wasn’t such a factor on home health and hospice.”.

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Hospice News

NOVEMBER 9, 2022

Enhabit Home Health & Hospice (NYSE: EHAB) is adapting some aspects of how they integrate newly acquired hospice assets. Early on the company would implement a set of processes that were symmetrical with those in its home health business, but agencies in its hospice segment experienced some difficulties with those transitions.

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Hospice News

APRIL 1, 2024

In this interview, Hospice News sits down with Tim Smokoff, General Manager, Home Health and Hospice, MatrixCare , to talk ab out the most pressing challenge facing providers in today’s hospice landscape — staffing. This article is sponsored by MatrixCare.

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Hospice News

SEPTEMBER 5, 2023

s (NASDAQ: AMED) Contessa subsidiary were a significant contributor to the pendulum swing that led to the company’s acquisition by UnitedHealth Group’s (NYSE: UNH) Optum rather than Option Care Health (NASDAQ: OPCH). Kusserow] noted that Amedisys was focused on its business plan but that he would report the discussion to the Amedisys Board.”

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Hospice News

MAY 10, 2023

Addus has indicated for roughly the last year that it will orient its M&A strategy towards its home health and personal care services, with hospice becoming less of a priority. Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states.

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Hospice News

AUGUST 10, 2023

(NASDAQ: AVAH) was a company mostly focused on in-home care to pediatric populations. When the Atlanta-based provider filed to go public in April 2021, however, it revealed ambitious plans to expand into the arenas of Medicare-certified home health and hospice care. “We As a reminder, we do not have a demand problem.”

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Hospice News

AUGUST 10, 2023

The consideration marks another move among large home health and hospice providers in the industry. The company is getting ready to explore various transaction options in order to satisfy the terms of its Tax Matters Agreement with Encompass Health Corp. AREX has been an Enhabit investor since its spinoff from Encompass Health.

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Daily Nurse

APRIL 22, 2024

Keeping daily notes of encouragement in your personal space acts like a mini pep-talk. Whether it’s a motivating quote, a kind word from a patient, or a reminder of why you chose this noble profession, these little notes can provide a significant mental uplift. And here’s one more interesting spin on notes: notes of thankfulness.

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Hospice News

NOVEMBER 18, 2022

While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. base rate payment increase for home health care in 2023. When you look at who provides home health and hospice, you have a lot of providers that do both.

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Hospice News

FEBRUARY 29, 2024

The Eagle, Idaho-based company saw particularly strong financial and operational results across its home health and hospice business. The Pennant Group and its independent operating subsidiaries provide health care services through 111 home health and hospice agencies and 51 senior living communities throughout several states. “As

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Hospice News

APRIL 23, 2024

He returned to hospice care part time from 2010 to 2014 from his home base in Napa County. Patients were getting care in their own home, much more personal care and caregiver support — it was kind of like a mini hospice program,” Cotter shared, also noting the 24/7 phone support and a great deal of basic social services.

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Hospice News

JUNE 2, 2023

Home health care providers are increasingly recognizing the clinical value of palliative care, despite its tricky payer landscape and relatively low margins. Hospices have a much larger presence in the space, but more home health agencies are showing an interest — including companies that provide both of those services.

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Hospice News

AUGUST 29, 2023

The hospice advocacy group today issued public comments on CMS’s proposed home health rule for 2024. The “36-month rule” mirrors a regulation that has existed for several years for home health agencies.

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Hospice News

SEPTEMBER 29, 2022

Rippl, a new company offering mental health care to seniors, began operations today following a $32 million seed funding round. On hospice and home health, I feel like we can be a great partner for either,” Engskov told Hospice News. So how do we provide that infrastructure to keep them at home?”.

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Hospice News

DECEMBER 6, 2022

That roughly eight-year stretch as CEO was likewise marked by the purchase of Contessa, a company built to shift higher-acuity care into the home, including palliative care services. “We We think it’s transformative,” Kusserow said Tuesday at the Bank of America Securities Home Care Conference, referring to Contessa.

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Hospice News

MARCH 12, 2024

The nation’s four largest hospice industry organizations — LeadingAge, the National Association for Home Care & Hospice (NAHC), the National Hospice and Palliative Care Organization (NHPCO) and the National Partnership for Healthcare and Hospice Innovation (NPHI) — in late 2023 conducted a 133-respondent provider survey focused on regulation.

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Hospice News

MAY 4, 2023

The rationale behind Option Care Health’s (NASDAQ: OPCH) $3.6 NASDAQ: AMED) is built on four pillars — vastly expanded scale, value-based payment, data collection capabilities and a desire to outpace a rapidly evolving health care environment. billion acquisition of Amedisys Inc.

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Hospice News

JULY 28, 2022

Hot on the heels of forming four palliative care-focused joint ventures, Contessa Health has several more in the works during the remainder of 2022. NASDAQ: AMED), which announced its $250 million acquisition of the high-acuity home care company in June of last year. Contessa is a subsidiary of Amedisys, Inc.

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Hospice News

FEBRUARY 16, 2023

For starters, the company is going full-speed ahead on palliative care, delivered through its subsidiary Contessa Health. The Baton Rouge, Louisiana-based home health and hospice provider is adapting to the shifting needs of patients and the health care system, according to Kusserow.

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Hospice News

JANUARY 16, 2024

Rising labor costs have additionally challenged service expansion as hospices balance workforce needs against reimbursement strains, she noted. “It’s It’s the risk involved, the capital that you need and the tolerance for failing a bit,” Ponder-Stansel told Hospice News’ sister publication Home Health Care News.

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Hospice News

AUGUST 4, 2023

The high costs and regulatory risks associated with general inpatient services are two main barriers to increased utilization, according to Mollie Gurian, vice president of home-based and home- and community-based care based policy at LeadingAge. Department of Health & Human Services (HHS) Office of the Inspector General (OIG).

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AlayaCare

OCTOBER 26, 2022

Demand for home infusion pharmacy services is booming, with several more years of sustained growth forecasted. This is a landmark opportunity for the industry to continue its transformation to incorporate more Hospital-at-Home care. In this model, health care providers can deliver hospital-level care in the comfort of a patient’s home.

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Hospice News

JULY 17, 2023

The upcoming SMRC reviews will examine 10 items and types of documents, Noridian indicated: Hospice Election Statement and Hospice Election Statement Addendum: Hospice Certification of Terminal Illness (Initial and subsequent to cover billed dates of service), from Certifying Physician and Attending Physician (if applicable) including written and oral/verbal (..)

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Hospice News

MAY 11, 2023

s (NYSE: HUM) purchase of Kindred at Home and the buy out of LHC Group by the UnitedHealth Group (NYSE: UNH) subsidiary Optum. A market in flux These acquisitions signal that the home-based care market is in a period of transformation, according to Mark Kulik, senior managing director for the M&A advisory firm The Braff Group. “In

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