Hospice providers are nearly desperate to recruit nurses, but their labor woes do not end there. A shortage of non-clinical staff is an additional sore spot. Providers are anticipating demand for non-clinical staff to rise as they compete for resources in an increasingly fierce labor market. Providers have seen no lights at the end of […]
Palliative care packs a small but meaningful punch in the value-based payment arena. But to successfully negotiate value-based contracts, hospices will need to educate payers about the value of palliative care, according to J. Cameron Muir, M.D., chief innovation officer of the National Partnership for Healthcare and Hospice Innovation (NPHI). Specifically, providers can help orient […]
Bluegrass Care Navigators names clinical services COO Lexington, Ky.-based hospice provider Bluegrass Care Navigators has named Stephanie Greene as its new chief operating officer of clinical services. She succeeds Cassie Mitchell, who left the organization to become CEO of Colorado-based HopeWest Hospice. In this COO role, Greene will be charged with overseeing operations of all […]
Some hospice providers are willing to take on additional regulatory pressure if it successfully roots out “bad actors” in the space, Sarah McSpadden, president and CEO of The Elizabeth Hospice, told Hospice News. Regulatory scrutiny is on the rise for hospices nationwide, but is gaining particular traction in California. For example, a recent report from […]
Private equity (PE) firms represent the strongest competitors for strategic buyers in the hospice mergers-and-acquisitions market. Hospice M&A activity cooled off across the board during the first quarter of 2022. In part, this is because a range of buyers scrambled to complete deals during late 2021 and are now focused on integrating those assets. But […]
In its calculus behind its 2021 Kindred at Home deal, Humana Inc. (NYSE: HUM) had to weigh the potential cost savings and lucrative hospice divestiture against the labor pressures in the space, as well as the complexity of scaling home-based care in a fragmented industry. Last year, Humana acquired total ownership of Kindred at Home […]
Demand for mental health care skyrocketed during the pandemic. This growing need has spurred the National Partnership for Healthcare and Hospice Innovation (NPHI) to recently develop its Community Counseling Guide to help member providers structure bereavement services, including best practices for billing. Adults nationwide have experienced increased levels of stress, anxiety and depression since COVID-19’s […]
The State of New York’s recently approved budget for Fiscal Year 2023 required that home care and hospice aides be paid at least $2 more than the state’s $15 standard minimum wage. While these workers are among the lowest paid in health care, this could put providers in a bind without corresponding increases to reimbursement. […]
Amedisys appoints new chief strategy officer Home health and hospice provider Amedisys Inc. (NASDAQ: AMED) recently named Nick Muscato as its new chief strategy officer. Muscato previously served as senior vice president of finance for seven years before stepping into the role. Moscato has led the company’s investor relations activities and has played a “pivotal […]
As LHC Group’s (NASDAQ: LHCG) pending $5.5 billion acquisition by UnitedHealth Group (NYSE: UNH) unfolds, the home health and hospice provider is seeing resurgent admissions growth despite persistent workforce pressures. LHC Group saw a contraction in the nursing labor market across its business segments during the second half of last year, President Joshua Proffitt previously […]
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