Oncology Startup Thyme Care Secures $60 Million Funding Round with Plans to Expand Palliative Care

Nashville-headquartered Thyme Care recently secured $60 million in funding to expand its health services for cancer patients, including palliative care and programs to address social determinants. The value-based oncology provider has a team of nurses and care professionals that support roughly 3,000 patients and families navigating cancer and serious illness. The funding round will allow […]

How the Digital Health Investment Slump May Affect Hospices

Declines in digital health investment have implications for hospice and palliative care providers. The digital health investment boom, accelerated by the pandemic, is on the decline, at least for now. The term “digital health” can be defined broadly, according to Dr. Arif Kamal, associate professor of medicine and population health at Duke University. It can […]

Seeking the Formula for Sustainable Palliative Care

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 […]

Social Determinant Needs Greater Among Medicare Advantage Patients

Hospices gearing up for a Medicare Advantage carve-in demonstration in 2021 may place greater emphasis on addressing social determinants of health, as Medicare Advantage beneficiaries are increasingly affected by a lack of associated services, according to a report from consulting firm Avalere Health. Patients with dual eligibility for Medicare and Medicaid are the most affected, […]

Strategies to Boost Hospice CAHPS Scores

Profitability is becoming inseparable from quality in today’s health care marketplace. Consequently, strong performance on publicly reported quality and caregiver satisfaction data is becoming increasingly crucial to hospice business performance. Among the most important sources of data is the Consumer Assessment of Healthcare Providers and Systems (CAHPS) survey. Patients and families in increasing numbers are […]

Regulators Prioritize False Claims Enforcement for Hospices, Investors

Hospice organizations and private equity investors are under increasing legal and regulatory scrutiny related to medical necessity complaints under the False Claims Act. “Hospice providers are on the government’s radar and have increasingly become the subject of government enforcement actions and investigations,” John Kelly, member, Bass, Barry, and Sims, told Hospice News. “Hospice agencies should […]

Hospice Providers Move Towards Addressing Social Determinants of Health

Marshaling community resources to address social determinants of health among patients and their families is the next step in the evolution of hospice care, Bill Frist, M.D., co-founder of Frist-Cressey Ventures, told Hospice News at Feb. 19 assembly of health care investors in Chicago. Social determinants of health include patient and family demographics, access to […]