Hospice inpatient centers have proliferated since the U.S. Centers for Medicare & Medicaid Services (CMS) rebased payment rates in 2020. While reimbursement increases can foster growth, a convergence of factors complicate providers’ ability to balance a healthy margin with the expanded access to care. The 2020 rebasing instituted a 2.7% payment increase in payments for […]
Nationwide, skilled nursing facilities are employing a mixed bag of rules and restrictions to control the spread of the deadly COVID-19 virus, including some that apply to hospice providers. As variant strains drive up morbidity and mortality, facilities are again paying sharper attention to the safety of individuals entering their buildings — though generally not […]
Ohio-based Hospice of the Western Reserve expects to acquire Stein Hospice, located in the city of Sandusky in its home state. Stein’s board of directors has signed a letter of intent to approve the sale, subject to an ongoing, customary due diligence process. Financial terms are undisclosed. Western Reserve anticipates that the deal will close […]
Ohio-based HMC Hospice of Medina County, an affiliate of Hospice of the Western Reserve, will re-open its inpatient facility effective Jan 17. The unit had closed in June 2020 due to concerns stemming from the COVID-19 pandemic. The closure took place amid other cost-cutting and safety-related measures as the hospice contended with the scarcity and […]
LGBTQ+ individuals face an array of challenges in accessing end-of-life and serious illness care, with some reporting discrimination from health care providers. A better understanding of sexual orientation, gender identity and family roles will aid hospices in as they work to reach these underserved communities. Demographic trends indicate a rising need for end-of-life and serious […]
Hospice of the Western Reserve has moved forward with the launch of its foundation aimed at supporting the provider’s endeavors to expand bereavement, palliative and pediatric care services, among others. The Hospice of the Western Reserve Foundation will operate as a separate public charity, creating a pool of funding to support the hospice provider’s expanding […]
Hospice of the Western Reserve has begun construction on a $3.25 million facility built with an advanced technology system aimed at improving operational efficiency and patient experiences. The new Care Solutions Center represents a technological investment anticipated to bring in significant savings in the long-term, according to president and CEO William Finn. Hospice of the […]
After hitting some financial setbacks due to the COVID-19 pandemic, Cleveland, Ohio-based Hospice of the Western Reserve plans to leverage joint ventures and collaborative partnerships to fuel growth. Hospice of the Western Reserve is among the many hospices nationwide that has been pummeled by financial blows of the coronavirus pandemic. Economic fallout from COVID-19 was […]
Cleveland, Ohio-based Hospice of the Western Reserve and its affiliate, Hospice of Medina County, have initiated staff layoffs and other cost cutting measures including the suspension of inpatient care at HMC’s Inpatient Care Center. The hospice cited increasing demand for hospice services, new regulatory requirements and declining Medicare reimbursements have led to reduced inpatient admissions. […]
Ohio-based aerial drone photography company Aerial Anthropology has launched a nonprofit arm called the Flight to Remember Foundation that gives hospice patients a last look at a special place from their past, as well as sights they have always wished to see. The founders of Aerial Anthropology, married couple Ashley and Tom Davis, founded the […]
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