Huge acquisitions, the labor shortage and regulation dominated the news this year, but other important trends emerged that warrant attention. Below are 10 of this year’s “hidden gem” stories that didn’t quite make our top 10 most read. These cover the innovative partnerships, new technologies, pediatric care, health equity and other key developments in the […]
Aspire Health
If enacted, the recently reintroduced Palliative Care and Hospice Education Training Act (PCHETA) could make a dent in the recruitment barriers that hospices keep hitting. But clinical education will need a much larger boost to ensure a sustainable workforce, according to many providers. The training issue is a serious impediment to hospice recruitment, as very […]
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 […]
Former Landmark Health CEO Nick Loporcaro recently joined the Chicago-based private equity firm The Vistria Group as a senior operating partner. Vistria currently counts hospice provider Mission Healthcare in its portfolio. While Mission is Vistria’s only current hospice asset, the firm is a long-time investor in the hospice space. Late last year, Vistria sold Agape […]
Catherine Campbell, principal of the health care consulting firm CBC Advisors, has been tapped to become president of CareMore and Aspire. Between 2010 and 2012 Campbell was vice president of strategy, planning and business development for the insurance giant Anthem, Inc. (NYSE: ANTM), which is the parent company for Aspire and CareMore. At CBC Advisers […]
Care has been moving deeper into the home even prior to the coronavirus pandemic, but COVID-19 has accelerated that trend with the added boon of virtual services to supplement in-person services. As virtual care booms, providers are navigating uncertain financial waters as they seek to innovate and differentiate themselves from competitors. Public anxiety about entering […]
As the Biden administration reviews value-based programs put forth during the Trump years, hospice and palliative care providers have had to recalibrate as the new payment models they were expecting hang in limbo, including the direct contracting program and the Primary Care First Serious Illness Population (SIP) model. Regarding the SIP model, providers have little […]
Palliative care has seen an influx of private equity and venture capital investment in recent years, with growing demand for serious illness care a driving factor. Along with a fragmented marketplace, these factors signify a strong business case to support continued palliative care, according to Fred Bentley, managing director of health care consulting company Avalere […]
Sachin Jain, M.D., will be taking the helm of SCAN Health Plan, a nonprofit Medicare Advantage plan, as the company’s president and CEO. Jain in April stepped down as CEO of Aspire Health and CareMore Health, both subsidiaries of Anthem (NYSE: ANTM). At SCAN, Jain will be leading a $2.4 billion organization that covers more […]
Sachin Jain, M.D., CEO of CareMore Health System and Aspire Health, is leaving those companies by the end of this week. Shaden Marzouk, M.D., has been tapped to succeed Jain. Marzouk, formerly the managing director for Asia Health and Global Health Innovation for AXA (OTCMKTS: AHAXY), is a neurosurgeon and a U.S. Army veteran who […]