Careful management of the hospice aggregate cap is key to providers’ sustainability as regulatory scrutiny continues to heat up. The cap is designed to prevent overuse of hospice, put controls on Medicare spending and foster greater access to care among patients. For Fiscal Year 2024, the U.S. Centers for Medicare & Medicaid Services set the […]
CommonSpirit Health
As the hospice and palliative care workforce dwindles, some stakeholders are hard at work to develop career paths for staff in related disciplines, including social work. The workforce solutions provider Dignity Health Global Education (DHGE) is collaborating with CommonSpirit Health on a new Social Work Fellowship Program that will include training in hospice and palliative […]
Industry-wide staffing woes are bleeding into hospices’ compliance programs. Many hospices are struggling not only operationally, but also financially to comply with regulations, according to Norbert Hudak, partner at in90Group, a Los Angeles-based business marketing and strategy development company. The company recently polled 100 home health and hospice executives on their biggest quality and compliance […]
De novos have propelled recent growth among some hospice providers. Meanwhile, labor strains cause others to temporarily shutter their inpatient programs. Hospice of the Midwest expands with de novo Hospice of the Midwest recently opened a de novo in Marshalltown, Iowa, adding a fifth location to its footprint in the state. The hospice provider also […]
Hospices that are shaping their recruitment and retention strategies around work-life balance and career development have a fighting chance against competitors for sparse clinical staffing resources. As workforce shortages mount throughout the health care system, competition in the labor market has intensified. Hospices are increasingly competing with other health care providers for clinical staff as […]
Trinity Health has completed its acquisition of MercyOne Health, expanding its hospice footprint in Iowa. Financial terms of the deal were undisclosed. Trinity Health in April signed a definitive agreement with CommonSpirit Health to acquire MercyOne. CommonSpirit was born of a joint operating agreement between Trinity Health and Catholic Health Initiatives. “With MercyOne now fully […]
Contessa, a subsidiary of Amedisys Inc. (NASDAQ: AMED), and Mount Sinai Health System have expanded their joint venture to form a new entity offering a larger continuum of care, branded as “Mount Sinai at Home.” Tennessee-based Contessa first partnered with Mount Sinai in 2017 to provide hospital-at-home services. In 2021, their joint venture expanded to […]
Hot on the heels of forming four palliative care-focused joint ventures, Contessa Health has several more in the works during the remainder of 2022. Contessa is a subsidiary of Amedisys, Inc. (NASDAQ: AMED), which announced its $250 million acquisition of the high-acuity home care company in June of last year. Since that time, Contessa has […]