As with the rest of the country, many hospice providers and their employees have mixed feelings about the federal vaccine mandates. Even those who welcomed the additional layer of protection for patients and staff are fretting about the possibility of losing workers. Recent court decisions on the interim emergency regulations have further muddied the waters. […]
Bayada Home Health Care will form a joint venture with the hospital system Jefferson Health. The enterprise, branded as Jefferson Health at Home, will provide home health and hospice care to Jefferson’s patients in New Jersey and Pennsylvania. The two organizations will jointly manage the partnership, which will leverage Jefferson’s current home-based care services with […]
Efforts to mitigate the health care workforce shortage are starting to pay off for LHC Group (NASDAQ: LHCG), though the company is still experiencing higher labor costs due to the current need to employ more contracted personnel. LHC Group took steps to enhance their recruitment and retention strategies early in the year that are seeing […]
Carla Davis is the president of LHC Group’s (NASDAQ: LHCG) Heart of Hospice Division. She previously served as CEO of South Carolina-based Heart of Hospice until LHC Group acquired the agency in August. Davis came to Heart of Hospice with diverse compliance, operational and sales experience including as chief operating officer of VistaCare, and vice […]
Despite prevailing COVID-19 headwinds, the hospice and home health mergers and acquisitions market shows no signs of slowing. Labor shortages plaguing the industry may be spurring additional activity as the dwindling workforce is limiting some providers’ ability to grow organically. A number of the larger strategic buyers — LHC Group (NASDAQ: LHCG), Amedisys (NASDAQ: AMED), […]
LHC Group (NASDAQ: LHCG) executives today announced a slowed, albeit continued, focus on hospice growth heading into 2022. The company has been bullish on the hospice market in recent years, with hospices deals making up a little more than 60% of in cash flow set aside to further boost its M&A pipeline last quarter. Heading […]
The U.S. Centers for Medicare & Medicaid Services (CMS) and the U.S. Occupational Safety & Health Administration (OSHA) have issued emergency regulations requiring COVID-19 vaccination for eligible staff at health care organizations that participate in Medicare or Medicaid. Health care employers must implement a policy requiring staff to receive the first vaccine dose prior to […]
Questions abound about the potential long-term impacts of the value-based insurance design (VBID) demonstration, known as the Medicare Advantage (MA) hospice carve-in. As the program approaches its second year, hospice and palliative care providers are asking questions about the delivery, setting and future outlook for their industries. The carve-in started small in 2021, but this […]
The volume of hospice mergers and acquisitions continues to rise, with more than 23 publicly announced transactions during the third quarter of the year, up from 17 in Q2. M&A advisory firm Mertz Taggart tallied these numbers in a quarterly report, indicating that Q3 saw the most hospice transactions since the final quarter of 2020, […]
As health care providers face staffing shortages in nearly all disciplines, home-based care providers are leveraging their mission of service to help employees remain engaged and fulfilled in their work. In addition to the dearth of clinicians who have hospice or palliative care training, those providers find themselves in tight competition with other care settings […]
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