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Publicly Traded Hospice Companies Poised for Deals

Hospice News

The nation’s publicly traded hospice companies are primed for more acquisitions after a 2023 slump, fueled by census and growth. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. for an undisclosed amount.

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As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Hospice News

This year brought the return of Medicare sequestration, and pandemic-driven disruption in referral streams are lingering. Moving to this care management model is going to allow [nurses] to better manage a caseload of patients. We’re also going to have on-call and triage nurses to help them,” Jacobsmeyer said at the conference.

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CMS 2025 Proposed Rule Signals Changes to Quality Measurement, Omits Program Integrity Actions

Hospice News

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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4 Key Trends for Hospices to Watch in 2024

Hospice News

Referral rejection rates among hospices reached a record high of 41% in 2022, according to data from CarePort, a WellSky company. Nurses also accounted for 16.97% of vacancies. Hospice aides and CNAs also represented a large percentage of job vacancies and saw high turnover rates, 19.05% and 29.84%, respectively.

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Why Skilled Nursing, Assisted Living Operators Invest in Home-Based Hospice Programs

Hospice News

Offering hospice can be a gamechanger for skilled nursing and assisted living operators looking to stand out from competitors and improve patient reach. Home-based care, including hospice, has become an increasingly attractive space for facility-based health care providers of all walks. Anthony’s Hospice. Among the 1.6

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Hospices Seek Congressional Action on Staffing Constraints

Hospice News

We’ve got a payment update that doesn’t reflect the reality of running a hospice, and these are things that we can ask for help on,” Logan Hoover, NHPCO’s vice president of policy and government relations, told Hospice News. Centers for Medicare & Medicaid Services’ (CMS) proposed 2.8% told Hospice News. “I

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Hospice Medical Director Receives 50-Month Prison Sentence for $150M Fraud

Hospice News

A federal judge has sentenced Jesus Virlar-Cadena, formerly a medical director for the Texas-based hospice company Merida Group, to 50 months in prison for his role in a $152 million scheme. The Justice Department accused Virlar-Cadena of personally certifying more than $18 million in fraudulent hospice claims. “In