April Anthony, CEO of Home Health and Hospice at Encompass Health Corp. (NYSE: EHC) will be stepping down in mid-June of this year. The move comes at a time when the company is considering a repositioning of its home health and hospice business, including a potential spin off or sale. Anthony founded Encompass Home Health […]
Advocate Aurora Enterprises has acquired home care company Senior Helpers for an undisclosed amount. While Senior Helpers is not a hospice provider, the company does provide end-of-life support services that work in tandem with hospices to offer an additional layer of assistance to patients. Advocate Aurora Enterprises is a subsidiary of Advocate Aurora Health, one […]
Minnesota-based St. Croix Hospice has entered the Illinois market through the acquisition of Hospice Care of America in the city of Rockford. Financial terms of the transaction were not disclosed. St. Croix’s approximately 800 employees care for more than 2,200 patients daily out of 39 locations in seven Midwestern states. The organization is a portfolio […]
The U.S. Centers for Medicare & Medicaid Services (CMS) will suspend the processing of Medicare claims dated after April 1 while Congress continues to mull whether it will extend the temporary moratorium on payment sequestration implemented due to COVID-19. This applies to all Medicare-certified health care providers, including hospices. The U.S. House of Representatives and the […]
California-based Hospice by the Bay has rebranded as By the Bay Health. The new brand is designed to reflect the organization’s full range of services, including palliative care, comfort care, grief counseling, pediatric care, and skilled home health care as well as hospice services. The rebranding reflects a growing trend in hospice care that sees […]
The sale of Bristol Hospice by private equity backers Webster Equity Partners is moving into the second face of the acquisition process. The remaining bidders are all private equity firms, with strategic buyers stepping out of the process after the first round, which took place last week, PE Hub reported. Bids are reportedly reaching as […]
Georgia-based Hospice Satilla has opened a new bereavement center in Waycross in its home state. The James Carl Jones, Jr. Family Center is named for a local business leader and philanthropist. The new 1,840-square-foot facility features a large conference and education room, a well as private counseling space. Through the center, Hospice Satilla will provide […]
Hospice and home health provider LHC Group (NASDAQ: LHCG) will provide $20 million in funding during the next 10 years to the University of Louisiana at Lafayette College of Nursing and Allied Health Professions. The company is hoping to stem the tide of ongoing staffing shortages that are expected to worsen in coming years. The […]
The U.S. Senate has voted to extend the moratorium on Medicare payment sequestration for hospice and other health care organizations through the end of the year. The Senate bill must now go to the House, which is unlikely to pass the legislation before the current expiration date of March 31. The Senate approved the bill […]
Hospices nationwide have been diversifying their services in recent years to capitalize on value-based payment models and to establish relationships with patients further upstream in the course of their illnesses. An increasing number of hospice providers are offering PACE, home-based primary care, and palliative care, among others. These programs will be essential for those considering […]
