The United States lacks a robust reimbursement system for palliative care. While stakeholders work toward change, providers are developing innovative ways to work with what they have to bring this care to patients in need. Historically, the U.S. Centers for Medicare & Medicaid Services (CMS) has reimbursed palliative care through a fee-for-service model that only […]
Acquisitions will be crucial to Addus HomeCare Corp.’s (NASDAQ: ADUS) 2022 objectives as COVID headwinds start to abate. The company expects to gain momentum on expansion as the year progresses. Acquisitions remain an important part of the company’s growth strategy as it seeks to co-locate each of its three business lines in the markets it […]
The post-acute technology platform Element5 has secured $30 million in a Series B investment round led by the venture capital and private equity firm Insight Partners. The company will use the influx of funds to expand their workforce and enhance their robotic process automation (RPA) and artificial intelligence solutions. With the Series B round complete, […]
The nation’s health care system is lacking in support for caregivers of the terminally ill, who are often left with a heavy financial and logistical burden. Without assistance or relief, these difficulties can impede access to hospice. Research has shown that patients who are faced with end-of-life decisions may be less likely to choose hospice […]
Katrina Agnew joined UnityPoint Health in December 2021 as vice president of hospice. Though professionally she has cared for terminally ill patients for more than 30 years, her personal experience after her mother’s diagnosis with Stage 4 pancreatic cancer underscored the critical importance of her work. This drives her commitment to expand access to hospice […]
The Medicare Advantage hospice carve-in has been the focus of much attention among providers, and many are watching closely for the demonstration’s outcomes. But for the past four years, a lesser-known payment model demo, the Medicare Care Choices Model (MCCM), has been hitting every target — reducing costs, improving quality and family satisfaction, and keeping […]
Amedisys (NASDAQ: AMED) subsidiary Contessa Health is seeing strong patient engagement for its expanded home-based palliative care program, which the company launched in January in partnership with Mount Sinai Health System in New York. Tennessee-based Contessa Health provides a continuum of home-based care, including high-acuity services such as hospital-at-home and skilled-nursing-at-home services. Home health and […]
As it nears its planned Enhabit spinoff, Encompass Health Corporation (NYSE: EHC) continues to see workforce improvements and a decreased reliance on costly staffing agencies. Its hospice business, however, remains in a difficult spot. Encompass Health has taken a number of steps to improve its clinician recruitment and retention rates, including investing in upskilling programs, […]
Maryland-based Hospice of the Chesapeake has penned an agreement to acquire nearby Calvert Hospice for an undisclosed amount. Both organizations are nonprofits. The two providers have collaborated for several years in a collaborative sharing best practices and supporting growth in specific markets, according to Hospice of the Chesapeake Communications Director Sandra Dillon. “Given the rapidly […]
Eight months after closing, Humana’s (NYSE: HUM) $5.7 billion acquisition of Kindred at Home is bearing fruit. The company has seen significant growth in its home health business and is on the cusp of divesting the hospice segment at a sizable valuation. Earlier this month the company signed a definitive agreement to sell a 60% […]
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