Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations and finance. Coupled with these trends is rising utilization. Hospice utilization reached 51.7% among Medicare decedents in 2023, up more than two percentage points from the prior year, according to recent data […]
As dementia-related illnesses continue to rise among hospice patients, caregivers and providers alike are working judiciously to best find ways to support patients and their families in navigating these new diagnoses. In July 2023, the U.S. Centers for Medicare & Medicaid Services (CMS) unveiled a newly planned demonstration for those working with dementia patients and […]
Hospices often rely on philanthropic donations and fundraisers to support their programs, but many are taking a financial hit from fallout of the coronavirus pandemic. Despite federal funding relief efforts, strained donors, increased costs and cancelled fundraising events are impacting hospice bottom lines. Providers are working to address these issues by adapting their methods and […]
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