ProCare Hospice of Nevada and CareOusel Pediatrics are opening a new inpatient care unit (IPU) that will provide palliative and hospice care to both adult and pediatric patients in the state’s southern region. The facility comes at a time when hospice providers and policymakers alike are recognizing and responding to a growing need for pediatric […]
The National Association for Home Care & Hospice (NAHC) and the National Minority Health Association (NMHA) are partnering to increase vaccination rates among the home health and hospice workforce. The combined $11.1 million effort, part of NMHA’s Flex for Checks program, aims to break down barriers preventing vaccination and curb the rising tide of COVID-19. […]
With the hospice mergers and acquisitions market showing no sign of slowing down, providers with high performance on quality measures, scale and size are anticipated to attract investors’ eyes. Even as strategic, private equity and non-traditional buyers continue to snap up hospices, those providers are themselves increasingly investing in more diversified assets, such as home […]
Empath Health is assembling its senior leadership team as it moves forward with integration following last year’s move to merge with Stratum Health. Executive-level positions will oversee strategy and integration, operations, legal affairs and finance areas of the recently created nonprofit hospice provider. The two Florida-based companies combined forces last February in a merge that […]
As the nation’s health care costs soar, providers, payers and policymakers are beginning to recognize the hospice and palliative care value proposition, and their potential to reduce the need for high-acuity services. While a boon to many patients, the growing prevalence for home-based care has drawn the eyes of regulators seeking to ensure quality and […]
While hospices have been focusing efforts to recruit, retain and rebuild their ranks during a financially choppy time, some providers are furrowing their brows over minimum wage increases in the absence of a corresponding raise to Medicare reimbursement. While federal efforts to boost the minimum wage have stagnated for the time being, action is underway […]
SolutionHealth and Home Health & Hospice Care (HHHC) are merging to expand access to post-acute care services across the southern New Hampshire communities, including hospice care. Financial terms of the transaction are yet to be determined pending satisfactory completion of final due diligence and regulatory approval. Both companies expect the affiliation to complete later this […]
The value-based insurance design demonstration (VBID) launched Jan. 1, promising to send waves of change throughout the industry. Often called the Medicare Advantage hospice carve-in, providers stepping into VBID are zeroing in on ways to differentiate themselves from their competitors. Quality will be a key element for providers to focus on when it comes to […]
Amedisys (NASDAQ: AMED) has been among the many home health and hospice providers taking financial and operational hits as the coronavirus pandemic continues its spread. Despite facing headwinds, the company remains steadfast in its position on hospice as it seeks to further build up its presence in the market. Another recent uptick of cases stemming […]
The hospice mergers and acquisitions market has been exploding in recent years, continuing to gain momentum despite pandemic-related pitfalls. Still, hospices need to tread lightly and keep a close watch on where they measure up in the highly competitive market, with quality and compliance posing the greatest risks to their value propositions, according to M&A […]
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