What a Hospice Benefit Revamp Could Signal for M&A Trends

A restructuring of the Medicare Hospice Benefit could have impacts on merger and acquisition activity in the industry. Calls for changes to hospice eligibility and length of stay are growing louder among industry stakeholders. A main concern being voiced to the U.S. Centers for Medicare & Medicaid Services (CMS) is that the current six-month prognosis […]

New Leadership at Interim HealthCare; Former Amedisys CEO to Lead TheKey

Paul Mastrapa becomes CEO of Interim HealthCare Jennifer Sheets is out as CEO of Interim HealthCare and Caring Brands International. Paul Mastrapa, former CEO of Help at Home, will succeed her. The Florida-based company is a home-based care franchise that provides home health care, hospice care, palliative care, pediatric care and personal care to about […]

Interim Healthcare CEO Jennifer Sheets: CMS, OIG Should Want Longer Hospice Stays

When Interim HealthCare and Caring Brands International CEO Jennifer Sheets speaks about hospice length of stay, it “strikes a nerve.” A disconnect exists between the ways providers perceive hospice lengths of stay and the views of regulators. Generally, providers point out the research showing that stays of six months or longer correlate with improved patient […]

Interim Healthcare Opens 15 New Locations in 2022

With 15 de novos under its belt thus far in 2022, Caring Brands International (CBI) subsidiary Interim HealthCare Inc. has plans to open two more in undisclosed locations before the year wraps. Florida-based Interim Health has a current footprint that spans across 42 states nationwide. The company provides care to roughly 173,000 patients annually. Its […]

Early Goals-of-Care Talks Could Improve Hospice Access for Dementia Patients

Terminally ill patients suffering from dementia are more likely to receive life-sustaining treatments when children versus spouses were involved as decision-makers, according to recent research. The difference in end-of-life treatment choices suggests that more work needs to be done to ensure that surrogate decision makers and care teams are aware of patient preferences as early […]

Hospice Contract Nurse Demand Unlikely to Hit Pre-Pandemic Levels

Hospice providers, like much of the health care community, have turned to contract staffing services to supplement their workforce during the pandemic. Hospices have stated intentions to reduce that trend as infection rates fall, but evidence suggests that contract labor utilization is unlikely to return to pre-pandemic levels. Hospices may continue to find themselves competing […]

Hospice Operators Hunting for Non-Medical Home Care Deals

Hospice agencies have been in high demand in the health care mergers-and-acquisition market in recent years, particularly among private equity firms. As that trend continues, some hospices themselves are considering their own investments in businesses that can bolster their current services and bottom lines, including private-duty and non-medical home care care. A few factors are […]

Interim Healthcare Completes Third 2021 Acquisition

Caring Brands International (CBI) subsidiary Interim HealthCare recently bought back Interim HealthCare of Sacramento Hospice in California in its third acquisition this year. The purchase of the in-home hospice provider from its owner was driven by rising demand for care in this setting, according to Interim Healthcare and CBI President and CEO Jennifer Sheets. The […]