Florida-headquartered Chapters Health System and Cornerstone Hospice & Palliative Care have reached an affiliation agreement that promises to make the combined organization the nation’s largest nonprofit hospice provider and the sixth largest overall. An affiliation is essentially an acquisition in the nonprofit space. During 2020, Chapters unveiled two affiliation strategy programs designed to bolster its […]
Chapters Health System
The advent of value-based programs such as the hospice component of the value-based insurance design (VBID) demonstration hold financial promise for providers — as well as risks. As the hospice component of VBID nears the end of its first year, some providers are seeing gaps between how the program is designed and how it is […]
The coronavirus pandemic has been reshaping the ways hospices provide bereavement care. Many providers have taken these services online as COVID-19 forced the need to socially distance, with hospices working quickly to implement new technology platforms. Given these investments, many of these changes will likely extend into the long term. The U.S. Centers for Medicare […]
Despite facing forceful pandemic-related headwinds from COVID-19, mergers and acquisitions and organic growth are fueling market share growth among the organizations listed in the LexisNexis 2020 Top Hospice Providers report. VITAS Healthcare, a subsidiary of Chemed Corp. (NYSE: CHE), led the charge as the largest hospice provider in the United States last year, with 4.42% […]
Post-acute provider Chapters Health System has introduced two unique business models designed to help legacy hospices leverage shared resources to improve financial viability and stave off acquisitions from larger organizations. The company designed the Chapter Health Managed Service Organization (MSO) program largely in response to widespread consolidation in the hospice space. A second model, Chapters […]
Hospice providers have been redesigning bereavement care programs due to the need for social distancing during the ongoing coronavirus pandemic, shifting from in-person to virtual grief support. As summer picks up steam, some organizations are also taking their grief camp programs for children online. LifePath Hospice and Good Shepherd Hospice took their annual weekend grief […]
Chapters Health System has partnered with Port Richey, Fla.-based The Point Distillery to help address ongoing hand sanitizer shortages for their hospice staff. Hospices and other health care providers have been plagued with widespread supply shortages during the COVID-19 pandemic. Providers have been in dire need of additional supplies, with personal protective equipment (PPE) and […]
The Florida Agency for Healthcare Administration has awarded a certificate of need to Tampa-based Chapters Health System that will double the nonprofit provider’s hospice presence in that state. “At Chapters Health, we are always looking for opportunities to increase and expand access to quality health care for a greater number of individuals in our communities […]
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