Hospice News

MARCH 1, 2024

Frontpoint, a portfolio company of Cimarron Healthcare Capital and Tacoma Holdings, is an emerging provider of home health, hospice, palliative and personal care with a focus on Medicare Advantage enrollees in Texas markets. Financial terms were undisclosed.

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Hospice News

OCTOBER 11, 2023

All told, he has more than 22 years of experience with value-based health care and payment models, including Medicare Advantage, according to a Humana press release. Humana is the second-largest operator of Medicare Advantage plans, representing 18% of that market, according to the Kaiser Family Foundation. billion deal.

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Hospice News

AUGUST 17, 2023

Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support.

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Hospice News

APRIL 28, 2023

Home health value-based purchasing Home health providers have two primary inroads to value-based care — HHVBP and Medicare Advantage. Centers for Medicare & Medicaid Services (CMS) kicked off the HHVBP demonstration on Jan. I’m concerned that the hospice industry writ large is not looking at this.

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Hospice News

MARCH 8, 2023

High valuations have led Addus HomeCare (NASDAQ: ADUS) to pivot towards personal care and home health deals rather than hospice acquisitions. Addus began as a personal care provider in 1979. About six years ago, it began to build its health care services segment, which includes home health and hospice.

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Hospice News

JULY 24, 2023

The organization includes a network of 13 hospitals, 2,600 physicians, a health plan, 400 skilled nursing and rehabilitation centers, memory care communities and outpatient rehabilitation clinics. billion divestiture of Kindred at Home’s hospice and personal care segments. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

FEBRUARY 27, 2023

The hospice, palliative care and personal care provider Gentiva has agreed to acquire Heartland Hospice and other assets from the home-based care company ProMedica. The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home. NYSE: HUM) for $2.8 Census Bureau.

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Hospice News

SEPTEMBER 30, 2022

health care market, according to a report that Bank of America (BofA) Global Research shared with Hospice News. The hospice market will grow at an annual rate of 7% to 8%, making it the second-fastest growing health care segment nationwide, trailing only behind personal care, according to findings in the report.

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Hospice News

NOVEMBER 2, 2022

As the dust settles from its divestiture of Kindred at Home’s hospice and personal care segments, Humana Inc. NYSE: HUM) seeks to further expand into value-based care as both a provider and a payer. On the payer side, Humanais developing value-based reimbursement models designed to support Medicare patient populations.

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Hospice News

OCTOBER 7, 2022

The private equity firms Cimarron Healthcare Capital and Tacoma Holdings have recapitalized the home-based care provider Frontpoint Health. Frontpoint provides home health, hospice, palliative and personal care with a focus on Medicare Advantage enrollees in Texas markets. Financal terms were undisclosed.

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Hospice News

OCTOBER 4, 2022

Texas-headquartered Choice Health at Home has entered the personal care space with the acquisition of Instant Care of Arizona for an undisclosed sum. More than 58% of Medicare descendants in Arizona elected hospice during 2018, according to the National Hospice and Palliative Care Organization. By 2050, nearly 2.5

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Hospice News

AUGUST 29, 2023

Carelon is the health care services brand of the insurance company Elevance Health (NYSE: ELV), previously known as Anthem. CareMore, also an Elevance subsidiary, provides advanced primary care to more than 100,000 Medicare Advantage and Medicaid patients in nine states, as well as offering palliative care.

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Hospice News

AUGUST 11, 2022

billion sale of Kindred at Home’s hospice and personal care segments, divesting a 60% stake to the private equity firm Clayton, Dubilier & Rice. Soon thereafter, the company announced plans to divest the hospice and personal care segment. (NYSE: HUM) has completed its $2.8 Humana will retain the remaining 40%.

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Hospice News

JULY 29, 2022

SCAN Group is executing a service diversification strategy designed to identify and address unmet needs of the California-based Medicare Advantage Organization’s beneficiaries. For anyone who is frail or vulnerable, [addressing NEMT needs] is reducing one barrier to actually accessing care.

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Hospice News

JANUARY 25, 2023

Dallas-headquartered AccentCare is a portfolio company of the private equity firm Advent International, offering hospice, palliative care, personal care, non-medical services, home health, care management and high-acuity home care. There are states for us to fill in.

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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. Amedisys yesterday announced a partnership with BlueCross BlueShield of Tennessee to cover those services, as well as a forthcoming divestiture of its personal care segment to HouseWorks — excluding its Florida operations.

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Hospice News

FEBRUARY 28, 2023

That path will divert more toward home health and personal care – and less in the direction of hospice – as 2023 progresses. Its personal care services reached $183.4 Addus last year began to reorient its strategic growth plans away from hospice and more towards home health and personal care.

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Hospice News

OCTOBER 5, 2022

The state is one of three in which Addus offers its trifecta of business lines — personal care, home health and hospice. This acquisition is commensurate with our growth strategy to leverage our strong personal care presence and add clinical services.”. for an undisclosed sum.

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Hospice News

DECEMBER 21, 2023

The National Association for Home Care and Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) floated the possibility of a combination in March in light of their existing, highly collaborative working relationship. Of those, 922 of those members are providers, an NHPCO spokesperson told Hospice News.

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Hospice News

JANUARY 11, 2023

Addus has a personal care presence in Ohio, and co-locating its clinical operations with those locations is a key component of its home health and hospice growth strategy, Allison said. Demographics are driving up a need for serious illness and end-of-life care in Ohio. Centers for Medicare & Medicaid Services (CMS).

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Hospice News

SEPTEMBER 12, 2022

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

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Hospice News

APRIL 21, 2022

(NYSE: HUM) has signed a definitive agreement to sell a 60% stake in Kindred at Home’s (KAH) hospice and personal care business to the private equity firm Clayton, Dubilier & Rice (CDR) for $2.8 The company attributed this primarily to growth in its Medicare Advantage business and state contracts membership.

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Hospice News

OCTOBER 4, 2022

Now, with our 10 locations statewide, coupled with a strong, solid network of caregiving professionals throughout all our service areas, we are well-positioned to meet the home health care and hospice needs of Texans.”. Hospice utilization among Medicare decedents in the state runs high and reached 52.1%

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Hospice News

APRIL 11, 2024

PACE Center, we embark on a new chapter to revolutionize health care accessibility and enhance the quality of life in the communities we serve,” Cook said in an announcement. The personalized care provided by PACE could be the solution many older adults and their families are looking for.

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Hospice News

AUGUST 1, 2023

All told, Addus provides hospice, home health and personal care to an estimated 47,500 patients annually across 203 locations in 22 states. Allison attributed the decline primarily to the return of Medicare sequestration. By 2030, 28% of the state’s population will be 60 or older, according to the U.S. Census Bureau.

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Hospice News

NOVEMBER 17, 2022

Under Kusserow, Amedisys also expanded its care continuum from home health and hospice to include palliative care, personal care, hospital-at-home and skilled-nursing-facility-at-home. Factors such as the return of 2% Medicare sequestration and a 62-cent increase in costs-per-visit also impacted earnings.

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Hospice News

OCTOBER 14, 2022

Texas-based Choice Health at Home’s recent purchase of Instant Care of Arizona is bursting with long-term growth potential. The deal marked Choice’s first steps into the Arizona market and made the company a stronger player in the private duty and personal care arenas. As of 2019, the U.S.

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Hospice News

SEPTEMBER 28, 2022

In addition to traditional home-based services like hospice, home health, and personal care; community-based palliative care is on the rise, as are emerging high-acuity models like hospital-at-home and skilled nursing-at-home programs.

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Hospice News

JANUARY 11, 2024

“Their culture and approach to quality patient care are a great fit with what we have established at Fortis Health.” Fortis Health Fortis Health Rob Radics, CEO, Fortis Health Fortis offers home health, hospice, palliative and personal care services across its footprint. of the state’s overall population by 2050. Census Bureau.

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Hospice News

APRIL 28, 2023

CareSource, also based in Ohio, operates Medicare Advantage plans and one of the largest Medicaid plans in the nation, according to the company. Within the partnership, CareSource will identify patients in need of enhanced care management. It serves more than 2.3 million members in five states.

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Hospice News

NOVEMBER 4, 2022

The organization also plans to add home health, medical services, grief care, personal care, and its Empath Partners in Care (EPIC) services, designed to care for HIV/AIDS patients. Bringing our full life care to the residents of Hillsborough County is an honor and a privilege,” Rafael J.

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Hospice News

JUNE 17, 2022

Seriously ill patients can easily fall through the cracks in a fragmented health care system, leading to poorer outcomes and costly hospital stays and emergency department visits. Closing these gaps is a rising priority in payment model demonstrations by the Center for Medicare & Medicaid Innovation (CMMI).

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Hospice News

NOVEMBER 4, 2022

Uncertainty earlier this year around Medicare’s proposed 2023 home health payment rates led some stakeholders to expect a swerve towards hospice. Centers for Medicare & Medicaid Services (CMS) in August proposed a 4.2% aggregate cut in the home health base rate, reported Hospice News sister publication Home Health Care News.

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Hospice News

MAY 11, 2023

Centers for Medicare & Medicaid Services’ (CMS) recently proposed changes to several Medicaid-related reimbursement avenues may also stir up some headwinds, Shaner added. This includes proposals that include requiring 80% of Medicaid payments to be spent on compensation for personal care workers and those who provide similar services.

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Hospice News

DECEMBER 6, 2022

“We think it’s transformative,” Kusserow said Tuesday at the Bank of America Securities Home Care Conference, referring to Contessa. After previously leading Amedisys’ turnaround, Kusserow is once again being asked to bring stabilization, growth and profitability to the hospice, home health and personal care giant as CEO.

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Hospice News

JANUARY 19, 2024

The Atlanta-based provider emerged from the former hospice and personal care segments of Kindred at Home. The Pennant Group acquired five Medicare hospice provider numbers during the past six months, which accelerated growth for its home-based care segment. NYSE: HUM) for $2.8

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Hospice News

JANUARY 19, 2023

Also last year, Elara Caring and Oak Street Health (NYSE: OSH) formed an integrated care model designed at better addressing behavioral health needs among seniors.Texas-based Elara Caring offers hospice, palliative and personal care in addition to behavioral and home health.

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