Advanced Illness Partners (AIP), a joint enterprise established by seven hospice and palliative care providers, will enable its members to provide care further upstream for patients suffering from serious and chronic diseases. The venture was designed to facilitate participation in soon-to-be implemented direct contracting payment models from the U.S. Centers for Medicare & Medicaid Services […]
Hospice and home health provider AccentCare has installed Chris Dimos as the company’s first chief operations officer. Dimos comes to AccentCare after serving as president of retail solutions at McKesson Pharmaceutical Solutions and Services, a segment of McKesson Corp. (NYSE: MCK), a Fortune 10 company. Dimos began his health care career as a pharmacist and moved […]
Traditions Health, LLC, has purchased two hospice companies in Louisiana as well as two home health operations in Oklahoma. The hospice acquisitions – Grace Hospice & Palliative Care and Heritage Hospice – mark the company’s entry to the Louisiana market. The two acquired home health agencies are Traditions Home Care and Secure Home Care. These […]
Bristol Hospice, a portfolio company of Webster Equity Partners, has purchased the California operations of Companion Hospice for an undisclosed amount. Companion will retain its Texas and Arizona locations. The acquisition fills a geographic gap in Bristol’s service area, in which Companion Hospice cares for more than 600 patients per day. Financial terms of the […]
LHC Group, Inc. (NASDAQ: LHCG) has finalized the acquisitions of Grace Hospice in Tulsa, Okla., as well as two affiliated providers in Mesa, Ariz., East Valley Hospice and East Valley Palliative Care. The Grace transaction marks LHC Group’s entry into the Oklahoma hospice market, where the company already has a home health presence. LHC Group’s […]
A group of seven hospice and senior care providers have formed Advanced Illness Partners (AIP), a joint venture partnership geared for participation in the direct contracting payment models from the Center for Medicare & Medicaid Innovation. Several of the models are slated to launch in April, with a geographic direct contracting option coming in 2022. […]
Public district hospital boards in Washington state have opted not to sell Hospice of the Northwest to a private-equity backed provider. Hospice of the Northwest is a joint venture between Public Hospital District No. 1, Skagit Regional Health, Public Hospital District No. 304, and United General District 304 health care systems. The sale has been […]
The year 2020 brought unprecedented disruption to the hospice space, mostly due to the COVID-19 pandemic. The outbreak strained providers ability to provide care, access patients in homes and facilities and to maintain a healthy bottom line in light of lost revenues and rising costs. Despite these challenges and economic headwinds, hospices adapted, improvised and […]
Members of the congressional physician’s caucus have written to U.S. Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma to advocate for a Medicare palliative care benefit demonstration. Reps. Neal Dunn, M.D (R-Fla), Phil Roe, M.D. (R-Tenn.), Jeff VanDrew (D-N.J.), and Sen.-Elect Roger Marshall (R-Kan.) signed the letter. CMS tests the viability and functionality […]
Ohio’s Hospice and Ascend Innovations have launched a strategic partnership designed to leverage data to improve clinical and business systems in their hospice and palliative care programs. Ohio’s Hospice is a regional partnership of hospice providers, founded in 2013 with three member organizations and in the intervening years expanded to 10 members, in addition to […]