Data management and analysis will become increasingly important as hospices move gradually closer to working in value-based payment environments. While current Medicare Hospice Benefit isn’t going away anytime soon, it stands to reason that at least a portion of hospice business will include a wider range of payment models, particularly with the advent of Primary […]
Chapters Health System has partnered with Port Richey, Fla.-based The Point Distillery to help address ongoing hand sanitizer shortages for their hospice staff. Hospices and other health care providers have been plagued with widespread supply shortages during the COVID-19 pandemic. Providers have been in dire need of additional supplies, with personal protective equipment (PPE) and […]
The U.S. Department of Health & Human Services (HHS) is distributing an additional $20 billion in funds from the CARES Act intended to help health care providers who have been financially clobbered by the COVID-19 pandemic. The proportion of this installment of funds that would go to hospices is unknown. The CARES Act, enacted on […]
The COVID-19 crisis is reshaping routine interactions with referral sources as hospices strategize ways to manage those relationships in rapidly changing conditions. Even prior to the pandemic, developing stronger connections and communications with referral partners was a critical goal for most hospices. Providers consistently work to boost referrals and ensure smooth collaboration with partners. As […]
While some hospice care definitely requires in-person visits, providers are able to involve telehealth in the full scope of interdisciplinary services during the novel coronavirus pandemic, the U.S. Centers for Medicare & Medicare Services (CMS) indicated in a conference call. The agency clarified that social workers, chaplains, nurses, physicians and members of other disciplines involved in […]
The first quarter of 2020 has borne out the expectation that the COVID_19 pandemic would have little impact on hospice mergers and acquisitions, at least in the short term. Close to 15 M&A transactions occurred during Q1. This slightly exceeds the 14 transactions that occurred during the fourth quarter of 2019 and beats the total […]
The COVID-19 pandemic has hindered some of the hands-on patient care that hospices deliver. While some hospices were well-positioned to integrate and increase technology utilization into a wider scope of services, others have hit obstacles. When the U.S. Centers for Medicare & Medicaid Services (CMS) announced temporary waivers on requirements last month, expanding the allowable […]
As hospices begin to offer a wider range of services via telehealth during the COVID-19 pandemic, they may need to get smarter when it comes to cybersecurity. Hospices often rely on popular videoconferencing platforms to conduct telehealth visits with patients, including Zoom, Skype and other systems. According to a blog on the company’s website, the […]
The U.S. Centers for Medicare & Medicaid Services (CMS) has revealed the final payment capitation rates that indicate the amounts the agency will provide to Medicare Advantage plans to offer hospice coverage through the value-based insurance design demonstration project, commonly called the “carve-in.” The carve-in is slated to being Jan. 1, 2021. The announcement did […]
Hospices are adapting their inpatient facilities to care for COVID-19 patients as the number of people afflicted with the virus continues to swell. Though many, if not most, coronavirus patients receive care in their homes, in some instances the severity of symptoms necessitates inpatient care. Georgia-based Hospice Savannah and some locations of the national chain […]
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