TPG Capital, Leonard Green & Partners to Share Ownership of WellSky

Health technology company WellSky and its parent company, the private equity firm TPG Capital, have signed a definitive agreement to bring on Leonard Green & Partners as a capital partner. Financial terms of the transaction were not disclosed, but TPG Capital will make a new equity investment in WellSky.  Leonard Green is a Los Angeles-based […]

Hospices Use Heat Map Technology to Track COVID-19, Allocate PPE

Allocating protective personal equipment (PPE) to staff has been an ongoing difficulty for hospice providers as they contend with dwindling supplies and increased costs as the coronavirus pandemic continues. Emerging technologies such as heat mapping are showing promise in helping hospices to identify geographic areas hardest hit by the novel coronavirus and in the greatest […]

Hospices Focus on Staff to Cut Turnover During Pandemic

Even as COVID-19 puts new staffing pressures on hospice and palliative care providers, organizations continue to wrestle with ongoing staffing shortages. While organizations respond to the pandemic, the business of hospice continues — including the need to control routine issues such as staff turnover.  The United States has 13.35 hospice and palliative care specialists for […]

Hospices to Leverage Data Analytics in Value-Based Payment Models

Data management and analysis will become increasingly important as hospices move gradually closer to working in value-based payment environments. While current Medicare Hospice Benefit isn’t going away anytime soon, it stands to reason that at least a portion of hospice business will include a wider range of payment models, particularly with the advent of Primary […]

WellSky, CompanyMileage Collaborate to Cut Hospice Mileage Costs

Lenexa, Kan.-based health care technology company WellSky has forged a partnership with reimbursement solutions firm CompanyMileage to develop systems designed to improve the efficiency of employee travel for hospice and home health companies. The companies report that the system has reduced mileage reimbursement costs for some organizations by as much as 30%. WellSky is a […]

Tech Reshaping Hospice Care

Technology is changing the ways hospice care is delivered. From the evolution of electronic medical records (EMR) to the advent of artificial intelligence (AI), hospice providers are leveraging new systems to create efficiencies, improve patient care, and make their organizations more attractive to investors. Numerous organizations are discovering the value of predictive analytics, telemedicine, and […]

A.I. Helps Shape the Future of Hospice Care

Artificial intelligence technology is in its infancy, but hospice organizations are already applying the technology to provide patient support, reduce costs, and improve efficiency. “AI systems tend to make fewer mistakes than humans and can help in providing extra layer of assurance and inspection,” Jye Su principal analyst for ABI Research told Hospice News. “This […]