Leveraging quality data and education when establishing payer relationships will be critical to success as hospices begin to work within the value-based insurance design (VBID) demonstration, often called the Medicare Advantage hospice carve-in. The program started small in its first year, with 53 participating health plans, but stakeholders expect it to grow in 2022 and […]
North Carolina-based Burke Hospice & Palliative Care and Caldwell Hospice and Palliative Care have completed a merger. The combined company is rebranding under the name Amorem. Caldwell Hospice and Palliative Care CEO Cathy Swanson will lead the new organization, a nonprofit. She has been at the helm of Caldwell Hospice and Palliative Care CEO for 31 […]
Choice Health at Home, LLC has purchased Angelic Hospice in Oklahoma, the company’s first entry into that state. In a separate transaction, Choice Health acquired the home care provider Restore Home Health, also in Oklahoma. Financial terms for both deals were undisclosed. Choice has been pursuing expansion through acquisitions during the past three years, including […]
VCU Health System and Bayada Home Health Care have unveiled a joint venture to provide home health and hospice in Richmond, Va., and surrounding communities. Set to begin accepting patients within six-to-nine months, the new company is branded as VCU Health at Home by Bayada. The new venture represents BAYADA’s first entry into the Richmond […]
Addus HomeCare Corporation (NASDAQ: ADUS) plans to continue growing through acquisitions, devoting approximately $100 million to cover deals this year. The company’s current strategy is focused on co-locating its clinical hospice and home health operations in markets in which they already have a foothold with its personal care business. Addus launched as a personal care […]
Advance care planning technology company Vynca has purchased California-based palliative care and telehealth provider ResolutionCare for an undisclosed sum. This is Vynca’s first move into the clinical care space. Physician and entrepreneur Ryan Van Wert, M.D., co-founded Palo Alto, Calif.-based advance care planning solution developer Vynca in 2013 to create tech products to guide and […]
LHC Group (NASDAQ: LHCG) has agreed to acquire Heart of Hospice from the family-owned investment firm Evening Post Industries (EPI) Group for an undisclosed amount. Heart of Hospice has a 16-location footprint across five states. Heart of Hospice will not rebrand following the acquisition. The hospice operates in Arkansas, Louisiana, Mississippi, Oklahoma and South Carolina. […]
Establishing a dedicated community-based palliative care benefit within Medicare has been a critical goal for many providers nationwide, but the COVID-19 pandemic has led stakeholders to redouble their efforts. The outbreak exposed millions of people and their families to serious illness, and a sizable contingent is realizing that they could have benefited from interdisciplinary person-centered […]
LHC Group (NASDAQ: LHCG) has agreed to acquire Fruitland, Idaho-based Heart ’n Home Hospice. The transaction expands LHC Group’s Idaho footprint and marks the company’s first entry into the Oregon hospice market. Financial terms of the deal are confidential. The acquired company operates six locations in its home state of Idaho as well as four […]
Building and sustaining a financially viable palliative care program will largely depend on a hospice’s ability to demonstrate quality of care and negotiate with payers for reimbursement for these services, according to Anne Tumlinson, CEO of the consulting firm ATI Advisory at the Hospice News Palliative Care Summit. Demand for palliative care has skyrocketed in […]
