Using a virtual reality headset and the story of a veteran with lung cancer, a Los Angeles-based company is showing caregivers what it’s like to die in hospice care. The goal of the simulation, created by Embodied Labs, is to bring new dimensions to employee training. “People will say, ‘Oh, so you’re teaching empathy, right?’ […]
Hospice leaders are, for the most part, encouraged by the move to explore a Medicare Advantage (MA) carve-in for hospice through an expanded demonstration. But several questions remain, they caution, with the bulk of them focusing on whether the hospice benefit could somehow be diluted or lessened. The Centers for Medicare & Medicaid Services (CMS) […]
The home health and hospice industries are expected to see significantly more mergers and acquisitions in 2019 than in years past. The growing popularity of lower-cost, value-based care and other factors are largely to thank. That’s according to Norwalk, Connecticut-based market intelligence firm Irving Levin & Associates, which collects and studies M&A data. The boom […]
Now is a better time than ever for home health agencies, hospice providers and other organizations to invest in and grow their home-based palliative care offerings. Yet certain barriers may still be holding them back. Although need for palliative care is skyrocketing, common barriers to entry include sustainable financing and quality standards. While restrictive, those […]
The Medicare Advantage (MA) carve-in that many industry insiders pegged as “inevitable” has finally arrived. The Centers for Medicare & Medicaid Innovation (CMMI) on Friday morning announced it is expanding the MA Value-Based Insurance Design (VBID) model, using VBID to test out several wide-ranging updates to MA offerings, including a hospice carve-in set to take […]
Private equity-backed Compassus could soon be up for sale, according to a Jan. 8 report from PE Hub. PE Hub cited “three people familiar with the matter” for its article, which claims Compassus has tapped an advisor from Jefferies Financial Group to help the company prepare for an upcoming sales process. Jefferies had no comment […]
After adding 23 home health locations and 22 hospice locations in 2018, Encompass Health (NYSE: EHC) plans to spend tens of millions of dollars to further bolster those areas in 2019. Preparing for 2020 regulatory changes will also remain top of mind for the company in the year ahead. “If you think about our priorities […]
With more than 1.4 million Americans receiving hospice care every year, the demand for high-quality end-of-life care is only projected to rise in years to come. In Minnesota, a “death-positive” movement is to thank, experts say. The number of hospice patients in Minnesota has tripled since 2000 and currently accounts for more than half of […]
While roughly 90% of Americans agree that discussing end-of-life care with their loved ones is important, only 27% actually follow through with conversations focused on planning, according to research from public engagement initiative The Conversation Project. Although many have ramped up community outreach efforts, that aversion to thinking about death has been a roadblock for […]
A subsidiary of one of the nation’s largest hospice companies — Curo Health Services — has agreed to pay millions of dollars to settle a federal whistleblower lawsuit claiming that the company submitted Medicare claims that were medically unnecessary or lacked documentation. Curo Health Services was acquired by Humana Inc. (NYSE: HUM) and private equity […]
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