Amid industry-wide staffing shortages, hospices are progressively focusing on strategies to reduce turnover and improve employee satisfaction. Recent research indicates that providers can do more to support hospice staff work/life balance needs and boost morale to mitigate burnout and grow their workforce as they contend with added pressures resulting from the COVID-19 pandemic. Staffing issues […]
Nashville-based Alive Hospice expanded the scale of its telemedicine programming as tornadoes and the coronavirus pandemic took the area by storm this spring. Technology has become an essential tool for many providers to continue caring for hospice patient populations at highest risk of coronavirus infection. Alive Hospice launched the Henry Hooker Alive Connect telehospice program […]
Hospice providers are increasingly strategizing to improve access to end-of-life care among historically underserved populations in African American, Hispanic and Native American communities. With ongoing civil unrest nationwide bringing racial inequity issues to the forefront in health care, many providers have worked to better understand the underlying issues for these disparities and demonstrate the value […]
The coronavirus pandemic has elevated attention to the mental health needs of the hospice workforce. Hospice executives have increasingly focused on providing new avenues of support for staff as they are buffeted with waves of COVID-19 challenges while caring for high-risk patients and their families. Workforce shortages and staff burnout have been ongoing issues in […]
Consolidation is a growing trend in the hospice market, leading to a shrinking number of providers nationwide as smaller hospices get absorbed by larger organizations. Hospice topped other health care sectors in merger and acquisition activity this year, despite economic downturn during the COVID-19 pandemic. While M&A transactions slowed significantly early in 2020 as providers […]
Home health provider Jet Health Inc., based in Irvine, Calif., grew its hospice footprint with the recent acquisition of Arlington, Texas-based Carrington Hospice Care, Inc., for an undisclosed amount. Citing improved continuity of care and patient satisfaction as driving forces, the acquisition will expand community-based service lines, a draw for many entering the hospice marketspace. […]
Amedisys, Inc. (NASDAQ: AMED) anticipates more hospice merger and acquisitions in 2020 despite raging COVID-19 headwinds. Recovering from a drop in referrals and rising COVID-related costs during the first and second quarters, the company expects their hospice segment to grow consistently in coming years. The company has been very active in the M&A market. Acquisitions […]
Hospices are increasingly diversifying services to include palliative care, which many see as essential for the growth of their businesses and for success within value-based programs. Providers that are currently or planning to develop a new palliative care business line need to focus on growing and training their workforce, building relationships with payers and other […]
Hospice of Southern Maine has opened the doors of its new Home Hospice Center, built in response to growing demand for hospice as well as to support staff, volunteer and community needs. The facility serves as a headquarters for the organization’s home hospice clinical operations, in addition to providing an expanded space for staff training, […]
Bolstering behavioral health programming in seriously ill populations could improve patient outcomes and have lasting impacts on care models and payment structures, according to research in the palliative care field. However, palliative care providers investing in behavioral health integration contend with challenges of specialized workforce shortages and a lack of understanding in psychosocial-specific care needs. […]
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