Investors Lean Towards Hospice Amid Disruption in Home Health Space

Investors and companies seeking strategic acquisitions are showing rising interest in an already booming hospice M&A market as they await the fallout from home health care’s transition to the Patient Driven Groupings Model (PDGM), according to an analysis by Provident Healthcare Partners, an investment bank focused on the middle market in the health care space. […]

Hospice Nurse Building Nationwide Model for End-of-Life Clinician Training

As hospices contend with industry-wide staff shortages, Susan Lysaght Hurley, director of research at Massachusetts-based hospice provider Care Dimensions, is working to transform her organization’s nurse residency program into a national model.  The number of hospice and palliative care clinicians will drop precipitously during the next two decades, largely due to retirements and staff leaving […]

Prairie Home Hospice to Acquire Fieldcrest Assisted Living

Marshall, Minn.-based Prairie Home Hospice & Community Care has agreed to purchase Fieldcrest Assisted Living, located in nearby Cottonwood, Minn. Assisted living is a growth area for hospice. Between 2011 and 2019 hospice utilization overall rose by 35%; however, hospice utilization in assisted living facilities increased by more than 100%, according to a 2019 report […]

Accessing Hospice PEPPER Reports Can Help Avoid Audits

Hospices who understand and consider their Program for Evaluating Payment Patterns Electronic Reports (PEPPER) from their Medicare Administrative Contractor (MAC) can leverage that information to anticipate and correct payment issues that could lead to targeted probe and education (TPE) audits if left unaddressed.  PEPPER contains provider-specific Medicare claims data that may indicate or create the […]

Hospice Saw Largest 2019 M&A Deals in Care-at-Home Sector

Hospice led the charge on mergers and acquisitions during 2019. Dollar amounts for hospice transactions surpassed those in similar markets such as home health care, even though fewer deals occurred last year in the hospice, home health care and home care spaces than in 2018, according to a new quarterly M&A report from advisory firm […]

Visiting Nurse Opens Outpatient Palliative Clinic

Ft. Wayne, Ind.-based hospice provider Visiting Nurse will christen a new palliative care outpatient clinic on the campus of Dupont Hospital in their local area. In addition to symptom management and other palliative services, Visiting Nurse intends for the clinic to improve continuity of care for patients who require palliative care or hospice.  The clinic […]

Hospice Provider Care Dimensions Launches Learning Institute

Massachusetts-based hospice and palliative care provider Care Dimensions has created a Learning Institute to educate the public, clinicians nationwide, and their own staff about hospice and palliative care. The organization has provided public education since its inception nearly 40 years ago, but recently decided to formalize their disparate programs under a single brand. Among their […]

Work Advancing on CMS Hospice Outcomes & Patient Evaluation Tool

The U.S. Centers for Medicare & Medicaid Services (CMS) is currently recruiting hospice providers to participate in a pilot test of the forthcoming Hospice Outcomes & Patient Evaluation (HOPE) tool, which when completed will replace the Hospice Item Set (HIS) quality reporting system. According to CMS, hospices will use the tool to assess patients in […]

Hospice Care of South Carolina Purchases Agape Hospice

Hospice Care of South Carolina (HCSC) has completed the acquisition of Spartansburg, S.C.-based Agape Hospice for an undisclosed sum. HCHC is a portfolio company of The Vistria Group, a private investment firm located in Chicago.  The combined company’s more than 800 employees care for a patient population that exceeds 1,400 people throughout 46 South Carolina counties. […]