Joint venture partnerships will be key to fueling expansion into the hospice space for national home health and hospice provider LHC Group, Inc. (NASDAQ: LHCG). Accelerated growth in 2021 and beyond will focus on a differentiated strategy that includes the company’s successful joint ventures (JVs). LHC Group provides hospice, home health, and facility- and community-based […]
After hitting some financial setbacks due to the COVID-19 pandemic, Cleveland, Ohio-based Hospice of the Western Reserve plans to leverage joint ventures and collaborative partnerships to fuel growth. Hospice of the Western Reserve is among the many hospices nationwide that has been pummeled by financial blows of the coronavirus pandemic. Economic fallout from COVID-19 was […]
The coronavirus pandemic has taken a heavy toll on hospice staff since its onset. From clinical to back-office operations, the weight of overwhelmed and understaffed teams has added strain to an already burned out and shrinking workforce. Providing care and support to staff will remain a priority as hospice leaders learn lessons from COVID-19. Putting […]
Amedisys Inc. (NASDAQ: AMED) and Option Care Health Inc. (NASDAQ: OPCH) have formed a partnership to issue a COVID-19 infusion therapy to patients in long-term care facilities throughout the Indianapolis and Valparaiso, Ind., markets. The effort is intended to assist residents in a setting hardest hit by the coronavirus pandemic. Amedisys felt well-poised to take […]
Hospices are increasingly offering expanded behavioral health services to improve care for patients suffering with serious mental illnesses (SMIs) at the end of life. Rising demand for these services comes at a strenuous time for hospices amid shifting payment policies and a worldwide pandemic. Investing to expand mental health programming poses both challenging financial risks […]
Public misperception is a barrier between patients and palliative care. Based on the true story of a nurse practitioner’s experiences with patients and families facing serious and terminal illnesses, the film “The Elephant in the Room” depicts the patient-centered interdisciplinary care that so many seriously ill patients need. The film was written by Bonnie Freeman […]
A deadly worldwide pandemic has helped to expose pitfalls in a broken health care system, drawing increased awareness and attention around the delivery of serious illness and end-of-life care, according to hospice and palliative care experts speaking at End Well’s Take 10 virtual conference. The virus has claimed more than 1.6 million lives globally since […]
Senior care provider Interim HealthCare began a national staff recruiting campaign this month targeted at expanding education and training in clinical, caregiving and service-related roles, including hospice and home care personnel. Staffing has remained a top concern in 2020 among hospice providers, with the coronavirus pandemic straining an already shrinking workforce. Interim HealthCare is a […]
Health care workers and long-term care residents are among the highest priority groups as a coronavirus vaccine rolls out across the United States. While enthusiastic about the opportunity to protect staff from COVID-19, hospices remain concerned about vaccination storage costs and increased labor and operational expenses. The U.S. Food and Drug Administration (FDA) issued the […]
Payment models that could change under a new presidential administration have raised questions about the future business of hospice in 2021. Recent regulatory moves and the federal response to the coronavirus pandemic may be indicative of what’s to come for hospice and palliative care providers. The arrival of a new president during a national public […]
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