Conflicting viewpoints about potential changes to the hospice aggregate cap have increasingly come to the forefront in recent years. While the cap for hospice payments is aimed at safeguarding against fraudulent activity, its regulatory limitations can challenge legitimate providers’ financial sustainability. The cap is designed to prevent overuse of hospice, put controls on Medicare spending […]
This article is sponsored by Levo. This article is based on a Hospice News discussion with Tiffany Richter, Medical Officer at Agape Care Group, Stephen Phenneger, President and Chief Financial Officer at St. Croix Hospice, Tom Maxwell, Chairman at Maxwell Healthcare Associates and Jason Yu, CEO at Levo. This discussion took place on April 10th, […]
Hospices are traversing complex revenue cycle management processes that can hinder their ability to thrive amid growing demand, rising economic pressures and a complex regulatory environment. Fielding room-and-board reimbursement for hospice patients in nursing home settings represents a significant challenge plaguing hospices, according to Stephen Phenneger, president and CFO of St. Croix Hospice. The intricacies […]
St. Croix Hospice has opened 10 new branches so far during 2025. These de novos span across the company’s home state of Minnesota where St. Croix launched five new locations. Further expansion occurred in Illinois, Wisconsin, Iowa and Missouri. “National data demonstrates how underutilized hospice benefits are for those at the end of life,” said […]
Minnesota-headquartered St. Croix Hospice has opened a new office in its home state to support clinical capacity during a time of expansion. Located in Eagan, Minnesota, the office will serve as a hub for the company’s interdisciplinary hospice team in the area. Staff provide round-the-clock community-based services to 16 surrounding counties. The office marks St. […]
St. Croix Hospice has cut the ribbon for a new location in La Crosse, Wisconsin. The de novo will serve La Crosse, Jackson, Trempealeau, Monroe and Vernon counties. The new office is St. Croix Hospice’s 18th location in Wisconsin. The company expects that the new operation will reduce travel times for clinicians to visit patients […]
Hospices see improved quality and operational efficiency as their biggest return on technology investments in three key areas. But several unknowns and challenges exist in the journey to deeper technology integration. Today’s hospice leaders need a firm understanding of the varying and rapidly changing advances in technology that can impact their business lines and ability […]
Hospices that have palliative care service lines may be better poised for growth in the merger and acquisition landscape compared to others. But the ability to demonstrate sustainability and scalability of these services will be crucial to manifesting a return on investment. Investors’ interest in palliative care has slowly mounted in recent years, with these […]
Palliative Care News spoke with a group of industry leaders about the most pressing market forces and trends that will shape the space during 2025. Their comments carried some common threads, including further movement towards value-based care, a need to secure payment through business-to-business partnerships, a need for more concurrent curative and hospice care, and […]
Minnesota-headquartered St. Croix Hospice recently acquired Hospice of Siouxland in Iowa and some of Mayo Clinic Health System’s hospice assets in its home state, two moves that stretched its widening footprint across the Midwest. Financial terms of both deals were undisclosed. The two transactions mark important milestones in the hospice provider’s growth trajectory during a […]
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