Hospices Face ‘Hard Roads’ in Budgeting for Sustainable Growth

A myriad of regulatory, reimbursement and workforce pressures have challenged providers when it comes to clinical capacity and associated revenue. Hospice budgeting practices hinge on several factors, according to Matt Chadwick, CFO of Well Care Health. Building a sustainable financial structure for end-of-life care delivery can be a challenging feat when navigating the impacts of […]

Beyond Dollars & Cents: Maximizing Sellers’ Returns in Hospice M&A

Hospices considering a sale should not underestimate their value proposition by limiting their focus to revenues and margins. With hospice M&A staying hot, a host of operational and financial pressures — coupled with record-high valuations in the space — has driven a range of providers to consider selling. While a healthy balance sheet is critical […]

Hospices Call for Higher Payment to Offset Minimum Wage Hikes Amid Staff Shortage

While hospices have been focusing efforts to recruit, retain and rebuild their ranks during a financially choppy time, some providers are furrowing their brows over minimum wage increases in the absence of a corresponding raise to Medicare reimbursement.  While federal efforts to boost the minimum wage have stagnated for the time being, action is underway […]