Hospice News spoke with a group of industry leaders — from publicly traded companies, private firms and nonprofit organizations — about the major trends and most pressing concerns on their radar as the new year approaches. Common threads among their remarks show that leaders in the hospice community continue to have their eyes on pervasive […]
The United States lacks a robust reimbursement system for palliative care. While stakeholders work toward change, providers are developing innovative ways to work with what they have to bring this care to patients in need. Historically, the U.S. Centers for Medicare & Medicaid Services (CMS) has reimbursed palliative care through a fee-for-service model that only […]
ConcertoCare, a tech-enabled provider of home-based care, recently launched a new PACE program in Alexandria, Va. As with the company’s other service lines, Concerto is integrating palliative care into their PACE program. The new center in Virginia, Cherry Blossom PACE offers a community-based, interdisciplinary care delivery model serving participants 55 or older who need nursing […]
ConcertoCare has secured $105 million in a Series B funding round with Wells Fargo Strategic Capital as the lead investor. The senior care provider intends to use the funds to fuel expansion, technology investments and to advance their home-based, interdisciplinary comprehensive care model. Series B funding is a company’s second round of seeking private equity, […]
When it comes to putting value-based payment arrangements in action, regulators and payers have gaps to fill in around billing and quality measurement. Some community-based hospice providers in particular have reported “tremendous confusion” regarding risk-bearing models as they look ahead to new and growing payment model demonstrations. The first steps came with the hospice components […]
Senior care provider Perfect Health is merging with home care company ConcertoHealth. The combined operation, branded as ConcertoCare, is backed by the private equity firm Deerfield Management Co., and will offer community-based palliative care in addition to a range of other services. ConcertoCare is a tech-enabled, risk-based integrated care company that provides palliative care, home-based […]
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