Aveanna Healthcare Holdings (Nasdaq: AVAH) expects 5% to 7% company-wide growth in the coming year, achieving through a five-pronged strategy. These efforts include strengthening relationships with payers, finding opportunities to reduce costs, modernizing its medical solutions services, optimizing capital structure and cash flow, and increasing engagement among staff and leadership. Aveanna’s preferred-payer and government affairs […]
Hospice margins are falling despite record-high utilization, according to data from the Medicare Payment Advisory Commission (MedPAC). The commission has released its draft recommendations to Congress, repeating its annual call to eliminate hospice payment rate increases in future years. “For fiscal year, 2027, Congress should eliminate the update to the 2026 Medicare base payment rate […]
Traditions Health has been acquired by four hospice providers, each dividing the company’s assets across their geographic footprints. The Care Team, VitalCaring, LifeCare Home Health Family and Mission Healthcare have each purchased a portion of Traditions Health’s locations. Financial terms of these transactions are undisclosed. Traditions was formerly a portfolio company of the private equity […]
The workforce enablement company Activated Insights has acquired the online clinical education firm CareAcademy. CareAcademy in 2024 developed a hospice care curriculum designed to offer “foundational orientation training” for hospice aides, nurses, volunteers, social workers, chaplains and other spiritual care providers, as well as physicians. It covers the essentials of delivering end-of-life care in the […]
Two U.S. Senators have penned a letter to congressional leadership urging them to oppose any measures to bring hospice reimbursement into Medicare Advantage. Sens. Dr. Roger Marshall (R-Kan.) and Sheldon Whitehouse (D-R.I.) circulated the letter on Thursday, addressed to Senate leaders from both major political parties, as well as the chair and ranking member of […]
Agape Care Group Hospice (ACG Hospice) has acquired Community Hospice of Alabama. Financial terms of the transaction are undisclosed. Community Hospice operates three locations in the Foley, Bay Minette and Mobile communities in Alabama. Post-transaction, Agape will now provide services in 41 Alabama counties with a total of 11 locations in the state. “Community Hospice’s […]
Hospices need to be aware of regulatory and reimbursement trends taking place across the care continuum. Annual payment rules from the U.S. Centers for Medicare & Medicaid Services (CMS) often include regulatory updates that can trickle effects in other health care sectors, according to Katie Wehri, vice president for regulatory affairs, quality and compliance at […]
Florida-based senior care provider Empath Health is blazing a trail forward in value-based care programs. The nonprofit’s three-year strategic plan is heavily focused on working with risk- and value-based payers, leveraging its diversified suite of services, according to President and CEO Jonathan Fleece. Empath refers to its continuum of care, much of which is home-based, […]
The private equity firm Linden Capital Partners has acquired hospice provider Agape Care Group from Ridgemont Equity Partners for an undisclosed amount. Linden is a large, health care-focused investment firm that has infused its portfolio companies with more than $5 billion in aggregate since its founding in 2004. The firm also has $13.5 billion in […]
Hospices are among the health care sectors to see a payment rate increase in 2026. However, concerns are mounting about whether it will provide sufficient support for sustainable growth. The finalized 2026 payment rule was implemented on Oct. 1 and has thus far spurred challenges in the hospice community. The U.S. Centers for Medicare & […]
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