Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey, conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year. More than 62% of the […]
Globally, the COVID-19 pandemic precipitated a surge of deaths in the home as opposed to a facility. Researchers examined data on the place of death among adults in 47 countries that took place between January 2012 and December 2021, according to a new study in the Lancet. The study focused on cancer and dementia patients. […]
The nation’s annual health care spend reached $4.5 trillion in 2022, a 4.15 increase, compared to 3.1% the prior year. The percentages may indicate a step towards normalization after the pandemic years. In 2020, the growth rate was 10.6%, according to a report published in Health Affairs. The report did not contain hospice-specific data. “In […]
Wages for hospice clinicians continue to go up amid widespread staff shortages, but they grew at a slower rate in 2023 compared to the prior year. The national average hourly rate for Hospice registered nurses rose 4.58% in 2023, down from a 5.95% increase in 2022, according to a new report by the Hospital & […]
Allowing patients to receive concurrent hospice and curative care reduces health care costs and improves quality. The U.S. Centers for Medicare & Medicaid Services (CMS) has released its fifth and final report on the Medicare Care Choices Model (MCCM), which studied the effects of allowing individuals to receive hospice care without foregoing other treatments. The […]
Standardized interdisciplinary team meetings, volunteer involvement and early intervention are among the beneficial components of community-based palliative care, a new study has found. Worldwide, providers that leverage these strategies, along with robust clinician and public education programs, achieve better outcomes, including more deaths occurring in the home, reduced hospitalizations and improved patient and family satisfaction, […]
Hospices tend to see an increase in dementia patient admissions as well as home-based utilization following an acquisition by a private equity firm or a publicly traded company. Among hospices purchased by PE firms, the number of dementia patients served rose by 6% compared to for-profit providers that were not acquired, a new study in […]
As the health care system changes, hospices may want to focus on diversifying their mix of referral sources. A range of factors are transforming the environment in which home-based care providers operate, including hospices. Among them are value-based payment models, the workforce shortages, regulatory scrutiny and reimbursement that isn’t keeping pace with costs, according to […]
Limiting hospice access for dementia patients is likely to increase overall health care costs at the end of life, according to recent research. During the past decade, Medicare beneficiaries with dementia who utilized hospice had lower overall health care costs than those who did not, according to the Health Affairs study. The findings provide a […]
Palliative radiation therapy helps improve the quality of life among patients with certain types of brain tumors, recent research has found. The lines between which health care services are considered “palliative“ versus “curative” are often blurred. Though uncertainty persists around the use of radiation therapy in palliative care, a recent study published in the journal […]
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