Hospice the Next Generation: How the Benefit Could Change

The possibility exists that hospice care will change more in the next few years than it has during the previous four decades. The Medicare Hospice Benefit turned 40-years-old in 2022, and in that time the program has remained fundamentally unchanged. Adjustments have occurred, like implementation of the “U-shaped curve” in reimbursement, the service intensity add-on […]

[UPDATED] For-Profit or Nonprofit, Hospice Is Not a ‘Hustle’

The recent article by the New Yorker and ProPublica that branded “hospice” as a profiteering “hustle” was an outrageous misrepresentation of the provider community. Starting with the headline, the story uses “hospice” as a monolithic term that makes little distinction among individual providers — heralding its overgeneralized and oversimplified perspective. In many instances information that […]

Payers, Providers Work to Keep Health Equity in the Spotlight

Concern is mounting around whether current health equity initiatives will be a flash in the pan or yield long term improvement on reducing disparities in hospice care among communities of color. Racial disparities in end-of-life care access have long proliferated, but in recent years health care providers and regulators have been paying closer attention, particularly […]

Wages Rising for Hospice Workers; Aides See 9.09% Increase

Wages for hospice aides and CNAs are rising faster than those for other interdisciplinary team members as providers seek to stem rampant turnover among those employees. The national average hourly rate for hospice aides and CNAs rose 9.09% in 2022, compared to a 4.52% increase in 2021, according to the 2022-2023 Hospice Salary & Benefits […]

C-Suite Shake Ups at Pennant Group; Financial, Legal Leadership Moves at Choice Health at Home, Hosparus

Pennant Group reorganizes its executive team The Pennant Group, Inc. (NASDAQ: PNTG) recently began the hunt to fill CFO and chief investment officer roles. This follows the recent announcement that Derek Bunker has resigned as Pennant’s chief investment officer, executive vice president and corporate secretary, effective Dec. 31, 2022. “On behalf of the Pennant team, […]

Hospices Expanding Services for the Veteran Population

The nation’s veterans are aging along with the rest of the U.S. population, and hospices are developing more programs and resources to address their unique needs. Veterans of the Vietnam conflict range in age from 62- to 104-years old, and they now represent the largest contingent of former military who are approaching the end of […]

HCA Healthcare Launches Hospice, Palliative Care Fellowship Program in Florida

Nashville-based HCA Healthcare Inc. (NYSE: HCA) and the University of Central Florida (UCF) recently added a new graduate fellowship in hospice and palliative care medicine to their existing repertoire of training programs. The program will accept two fellows annually. The fellowship will launch in July 2023 at HCA Florida Osceola Hospital, the Orlando VA Medical […]

Hospices Face ‘Astronomical’ Costs to Attract and Keep Staff

Hospices are allocating more financial and operational resources on staffing initiatives than ever before to remain afloat and grow. Recruitment and retention have been top of mind for hospice providers amid ongoing workforce shortages that have only worsened with the pandemic. More than 67% of the 203 hospice care professionals surveyed indicated that staffing would […]

As Headwinds Rage, Large Hospice Companies Lay Groundwork for Potential 2023 Growth

Labor shortages and other headwinds have battered hospices during 2022, including large companies. Some of these providers are making near-term investments that cut into revenue but are expected to pay off in the long run. Providers are seeing troubles on multiple fronts, as reflected in third quarter earnings reports. This year brought the return of […]