Enhabit, Inc. (NYSE-EHAB) is keeping a close eye on the regulatory and reimbursement landscape as it executes its value-based care growth strategy. The home health and hospice provider last summer placed a focus on expanding its Medicare Advantage (MA) business, forming a payer innovation team focused on strengthening Enhabit’s value proposition to health plans. “This […]
Ohio-based Queen City Hospice, an Addus Homecare (NASDAQ: ADUS) company, recently opened a new location in its home state. The new location in Fayetteville, Ohio, adds a central office in a rural region of the hospice’s service area that will reduce staff travel time. Queen City Hospice provides end-of-life care in six counties across the […]
A new, publicly traded company devoted to exploring the use of psychedelics in palliative care is in development. Psyence Biomed, a subsidiary of the Canadian biotech company Psyence Group Inc., has signed a definitive business combination agreement with Newcourt Acquisition Corp. (NASDAQ: NCAC) to create the new organization. Psyence Biomed expects to receive a minimum […]
Expanding its palliative care business is a rising priority for Amedisys Inc., (NASDAQ: AMED) following Chairman Paul Kusserow’s return as CEO. The company’s palliative care strategy rests on the back of risk-based payment models, primarily Medicare Advantage, Kusserow indicated at the J.P. Morgan Healthcare Conference. This push dovetails with the home health and hospice provider’s […]
The bereavement care tech platform Grief Coach has rebranded as Help Texts and is expanding its services to include support for health care workers who are contending with stress or burnout. Help Texts offers a mobile service that sends advice and supportive messages via text to bereaved individuals and, as of late December, health care […]
Hospice leaders can benefit and improve by staying engaged with bedside care. This is one of the most important lessons that Empath Health CEO Rafael Sciullo has learned during his 40-year career in health care. This week Sciullo will retire, with Empath President Jonathan Fleece standing ready to take the helm. Fleece is the former […]
The electronic medical record (EMR) company Careficient Inc., has acquired Net Health’s home health, hospice, home care and palliative business, as well as its revenue cycle monitoring (RCM) products. Net Health, an EMR and analytics firm, divested its HealthWyse, Hospicesoft and RCM division to refocus on its core rehab therapy and wound care lines, the […]
Pending regulatory approval, Alaska-based Bartlett Regional Hospital may be stepping in to fill care delivery gaps after a local hospice closed due to labor shortages. Hospice and Home Care of Juneau (HHCJ) shuttered its services last year, citing high staffing costs and lack of clinicians. HHCJ had two hospice and 17 home health patients on […]
A significant number of health care providers may not understand federal rules for billing advance care planning, contributing to an estimated $42.3 million in improper payments in 2019. The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) recently reported the results of its audit of advance care planning (ACP) billing […]
The Walgreens-Boots Alliance (NASDAQ: WBA) will focus on smaller tuck-in transactions in 2023 as opposed to the multi-billion dollar deals the company pursued in 2022. Last year, WBA poured money into health care provider investments and acquisitions, including the home-based care platform CareCentrix, Inc. and VillageMD. Those companies both provide palliative care in addition to […]
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