The U.S. Supreme Court on Friday heard oral arguments in lawsuits seeking to block two federal regulations that would require vaccination for COVID-19 among health care and other workers. Thus far, no decision has been announced on either of the rules issued by the U.S. Centers for Medicare & Medicaid Services (CMS) or the U.S. […]
Encompass Health Corp. (NYSE: EHC) on Wednesday announced a new joint venture with Saint Alphonsus Health System in a move that expands the company’s hospice and home health reach in Idaho. Financial details of the transaction were undisclosed. The joint venture is the latest in a swelling hospice reach for Encompass. The company last year […]
Technology is becoming a critical point of access and growth when it comes to fueling palliative care referrals. Electronic health record (EHR) interoperability will be key to building a sustainable palliative care patient census, as more providers re-examine the ways they collaborate with other health care organizations throughout the continuum. The complexity of referral management […]
A bill recently introduced in the U.S. House of Representatives would grant federal funds to home-based providers for the recruitment, retention and advancement of direct care workers, including hospices. The bill could be an important vehicle for policy change at a federal level in support of a growing need for these workers in hospice. Stakeholders […]
Leveraging quality data and education when establishing payer relationships will be critical to success as hospices begin to work within the value-based insurance design (VBID) demonstration, often called the Medicare Advantage hospice carve-in. The program started small in its first year, with 53 participating health plans, but stakeholders expect it to grow in 2022 and […]
BrightSpring Health Services has purchased Abode Healthcare from Summit Partners with a reported valuation of $775 million, PE Hub reported. The transaction is projected to bring the combined company roughly $6 billion in annual revenue. Louisville, -based BrightSpring’s total value currently rests at approximately $10 billion. Brightspring is a portfolio company of the global investment […]
Senior care association LeadingAge has completed its affiliation with the Visiting Nurse Associations of America (VNAA) and its offshoot organization, ElevatingHOME. This move expands LeadingAge’s reach into the home health and hospice sectors. The groups announced their intent to merge in Feb 2019. In the interim the organizations have undergone a transition period in which […]
Hospice providers are increasingly expanding palliative services as a bridge to end-of-life care and engage patients further upstream. With the forthcoming value-based insurance design (VBID) demonstration, hospices that have robust palliative care business lines will have a leg up on competitors in demonstrating their value to participating insurance plans. Many hospice providers see palliative care […]
Amedisys Inc. (NASDAQ: AMED) has continued to grow its hospice segment despite facing COVID-19 headwinds earlier this year. This expansion deepens an industry-wide trend toward service diversification and a lean towards value-based programming. The company is citing rising demand for palliative care as an impetus for moving into that space. “Palliative care is a nice […]
In the midst of rising demand, costs, and sharpened regulatory scrutiny, many hospice providers are facing Medicare recertification review challenges that can seriously harm patients and families, as well as their own bottom lines. The U.S. Centers for Medicare & Medicaid Services (CMS) requires hospices to recertify patients who have survived beyond their initial estimated […]
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