The hospice care space has become the hot acquisition target of the moment, in part because buyers see high margins and fewer regulatory hurdles when compared against home health care. However, that does not mean hospice is entirely spared from new and evolving hurdles and regulatory obligations. From opioid-related legislation to forthcoming Hospice Compare changes and […]
Month: May 2018
The shortage of home health aides in the industry is no secret, but the exact pace of demand will far exceed the supply of health care workers over the next few years, according to a new report from Mercer. The number of new job openings for home health aides by 2025 is expected to reach […]
Seeing opportunities to improve quality of care and decrease costs, the home health industry continues to pump resources into specialized care programs for patients with heart failure and related conditions. Despite mandatory bundled payment programs for cardiac care being put on hold, home health providers of all shapes and sizes are doubling down on specialized, […]
The Ensign Group (Nasdaq: ENSG) posted strong first-quarter financial results Thursday, buoyed, in part, by the California-based provider’s particularly profitable home health and hospice businesses. While pursuing expansion plans in both home health and hospice, Ensign reported a consolidated adjusted net income of $24.1 million in the first quarter of 2018, an increase of about […]
Fresh off its mega-merger with Almost Family, home health care giant LHC Group (Nasdaq: LHCG) is still eyeing big mergers and acquisitions opportunities in 2018. “We might be tempted to sit back and rest on our laurels, but that’s not in our DNA,” CEO Keith Myers said Thursday during the company’s first quarter earnings call. […]
Free WebinarDate: Tuesday, May 8Time: 1 PM Central Click here to register! In an era of intense regulatory scrutiny in home health and hospice, agencies must be excel at risk management to maintain a sterling reputation in the marketplace and avoid losing Medicare dollars. PEPPER reports are one of the most effective tools that providers […]
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A newly proposed Medicare benefit would extend services to eligible beneficiaries for long-term care. The proposal was within a discussion draft of a bill by Representative Frank Pallone (D-NJ), released at a Wednesday roundtable discussion with aging and disability advocates. The proposal, The Medicare Long-Term Care Services and Supports Act of 2018, would establish a […]
In the midst of two major takeovers in the home health and hospice space, insurance giant Humana (NYSE: HUM) is working on expanding its Medicare Advantage benefits. Just last month, the Centers for Medicare & Medicaid Services (CMS) announced an expansion of supplemental benefits for MA plans in 2019, including the addition of non-skilled in-home […]
As recent changes across the health care system over the last few years indicate that person-centered, interdisciplinary care can improve clinical outcomes, boost patient satisfaction and potentially lower overall costs, hospice care could see an evolution ahead. Hospice has become known as the first truly interdisciplinary benefit, bringing together many types of care under one […]