Collaboration with hospital discharge planners can help hospices ensure smoother care transitions and timely referrals. Securing timely referrals for eligible patients remains a challenge because many hospice patients receive care for only a few days prior to death. Additionally, careful management of discharges to hospice care is a growing priority as providers and payers seek […]
The possibility exists that hospice care will change more in the next few years than it has during the previous four decades. The Medicare Hospice Benefit turned 40-years-old in 2022, and in that time the program has remained fundamentally unchanged. Adjustments have occurred, like implementation of the “U-shaped curve” in reimbursement, the service intensity add-on […]
While home health operators brace for the impact of the meager 2023 reimbursement rates, hospices likewise must prepare for a ripple effect. The U.S. Centers for Medicare & Medicaid Services (CMS) recently established a 0.7% base rate payment increase for home health care in 2023. While this is an improvement from the 4.2% aggregate cuts […]
The post-acute technology company WellSky is spreading its wings over new geographies while growing its client base and expanding its product portfolio. Underlying the company’s strategy is a drive to develop solutions designed to support patient care as consumers navigate their way through the health care system. WellSky is jointly owned by two private equity […]
Health care technology company WellSky, which works extensively in the hospice and post-acute care space, has inked a definitive agreement to purchase CarePort Health from its parent company Allscripts (NASDAQ: MDRX) for the sum of $1.35 billion. CarePort develops software platforms designed to better connect post-acute care providers with payers. The acquisition is expected to […]
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