Washington-headquartered Family Resource Home Care recently acquired personal care provider Companion Care, Inc., adding to its growing footprint in its home state. Family Resource provides end-of-life, respite and personal care, along with services such as medication management, meal preparation, housekeeping, companionship and dementia support. The home care agency has been on a growth path in […]
Medicare Advantage plans are connecting the dots between quality scores and care delivery costs. When choosing a hospice to work with, payers in the Medicare Advantage (MA) realm zero in on providers’ quality scores and its patient population growth potential, according to Frontpoint Healthcare CEO Brent Korte. Consequently, those are key data pieces for hospices […]
The U.S. Centers for Medicare & Medicaid Services (CMS) is making significant changes in 2024 to the Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH) payment model. The updates include the introduction of a new approach to payment designed to enhance care delivery and care coordination for patients in underserved communities, according […]
The U.S. Department of Justice (DOJ) will investigate potential antitrust violations in the UnitedHealth Group (NYSE: UNH) subsidiary Optum’s forthcoming acquisition of Amedisys, Inc. (NASDAQ: AMED). To date, neither Amedisys nor Optum have been accused of any wrongdoing. The DOJ performed a similar investigation when Optum acquired the health care technology company Change Healthcare earlier this […]
Flaws exist in the U.S. Centers for Medicare & Medicaid Services’ (CMS) auditing processes, a coalition of industry organizations indicated in a letter to the agency. The organizations pointed to “fundamental, long-standing” problems pertaining to the audit focus areas, overpayment recovery and adjudication processes, as well as auditor consistency and education. The organizations included LeadingAge, […]
Pandemic-related headwinds that strained hospice referrals may have lingering impacts on how providers are approaching their community outreach and marketing efforts. Referrals from assisted living and skilled nursing facilities represent a large portion of hospice patients, along with hospital and health system referrals. Limited access to facility-based settings during the pandemic caused hospice referral volumes […]
A community-based research project launched by California-based YoloCares has revealed that a lack of culturally appropriate educational opportunities is fueling hospice disparities among two underserved groups – Native American populations and rural patients. The hospice and palliative care provider launched a three-year community health needs assessment initiative aimed at better understanding the barriers of access […]
Increasingly, Medicare Advantage (MA) plans have found real value in offering community-based palliative care as a supplemental benefit. Since 2018, the U.S. Centers for Medicare & Medicaid Services (CMS) has allowed MA health plans to cover new supplemental benefits for eligible patients. This flexibility has allowed insurance companies to offer assistance beyond what is available […]
Enhabit Inc. (NYSE: EHAB) has announced plans to launch a strategic review process that could result in a potential sale. The consideration marks another move among large home health and hospice providers in the industry. The company is getting ready to explore various transaction options in order to satisfy the terms of its Tax Matters […]
The Pennant Group Inc. (NASDAQ: PNTG) is on the hunt for hospice acquisitions as previously record-high price tags in the market trend downward. The home health, hospice and senior living company aims to pursue acquisition opportunities across all of its service lines. Higher valuations in home health and hospice have dampened the ability to stretch […]
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