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 […]
Ohio's Hospice of Miami County
The cost of providing general inpatient care can be steep for hospices. Expenses run the gamut from staff wages and salaries to medications, as well as costs related to establishing and maintaining a physical facility. Medication management is a vital piece of both the clinical and financial puzzle when it comes to general inpatient care. […]
Ohio’s Hospice of Miami County has unveiled an inpatient hospice house located on the campus of Upper Valley Medical Center in the city of Troy in its home state. The new 31,180-square-foot facility is expected to begin accepting patients in August. The organization, a member of Ohio’s Hospice, financed the facility through a $12 million […]