Amedisys Inc. (NASDAQ: AMED) is continuing to use acquisitions to build up its hospice footprint as the company braces for disruption to its home health care business stemming from the forthcoming transition to the patient driven groupings model (PDGM). In the third quarter of 2019 Amedisys hospice segment revenue rose to $162 million, a 57% […]
Encompass Health Corp.’s (NYSE: EHC) recently closed acquisition of Alacare Home Health & Hospice for $217.5 million spurred significant revenue growth in the third quarter. The company’s hospice segment earnings rose 53.7% between Q3 2019 and Q3 2018. A nearly 6% rise in same-store admissions also boosted Encompass Health’s third quarter performance. The company’s average […]
More patients suffering from cardiovascular disease are dying in their homes rather than in the hospital, a new study has found. However, racial and socioeconomic disparities continue to have an impact on where patients end their lives. Between 2003 and 2017 nearly 31% of patients suffering from conditions such as heart failure, ischemic heart disease, […]
The U.S. House of Representatives has passed the Palliative Care and Hospice Education and Training Act (PCHETA), according to the office of Rep. Eliot Engels (D-N.Y.). The bill, which Engels introduced in January, had 294 bipartisan cosponsors. If enacted, PCHETA would establish fellowship programs within new palliative care and hospice education centers to provide short-term, […]
Enclara Pharmacia, a provider of PBM services for hospice and palliative care, is partnering with Ohio’s Hospice to build efficiencies into the organization’s medication management processes. Ohio’s Hospice will use Enclara’s E3 Mobile application, which is interoperable with the organizations electronic medical records system, clinicians, and the pharmacy. The application is designed to reduce necessary […]
Though the U.S. Centers for Medicare & Medicaid Services is now accepting applications to participate in the agency’s new Primary Care First payment models, the agency has delayed the program’s launch to 2021, as opposed to the original Jan. 1, 2020 date. CMS moved the start date to allow stakeholders more time to consider participation, […]
The U.S. Centers for Medicare & Medicaid Services (CMS) has opened the online application period for the Primary Care First payment models. The agency announced the program in April and will implement the models in phases beginning in January 2021, initially in 26 regions throughout the United States. Hospices and palliative care organizations are eligible […]
As hospices seek new ways to engage patients further upstream, a rising number are diversifying their services to include home-based primary care, along with palliative care and other care models. Evidence indicates that these primary care programs carry substantial benefits for patients and families and can have a significant positive impact on a hospice’s bottom […]
Disparities among demographic groups related to access to care, as well as the quality of that care, have been widespread for decades across the health care system, and hospice is no exception. To help their organization address this issue, Clearwater, Fla.-based hospice, palliative care and home health care provider Empath Health has appointed Karen Davis-Pritchett […]
Ensuring that patients avoid unnecessary hospitalizations will be a key value proposition for hospice and palliative care providers, particularly when working within value-based payment models such as the forthcoming Medicare Advantage hospice carve-in in 2021 and the U.S. Centers for Medicare & Medicaid Services’ new Primary Cares Initiative, set to begin in 2020. These emerging […]
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