Grow Faster and More Efficiently In light of rising numbers of individuals accessing hospice and home care in the U.S., agencies should be well positioned for growth. Yet their growth potential is often stifled by administrative burdens, staff turnover and lackluster patient satisfaction ratings. Through a combination of technology and management practices, achieving that growth […]
The Centers for Medicare & Medicaid Services (CMS) updated data on its Hospice Compare website earlier this month—and all quality measures showed overall improvement. Launched in August 2017, the Hospice Compare tool reports information on hospices across the nation and is designed to give patients, family members and health care providers a snapshot of the […]
The seventh episode of our podcast, Disrupt, is now available! Listen to our conversation with Hometeam CEO Randy Klein and learn about: His background as senior vice president of partner development for Remedy Partners, his work in operations with the Visiting Nurse Service of New York (VNSNY), one of the nation’s largest not-for-profit community-based health […]
Although health care policymakers have begun to further open the Medicare Advantage (MA) door, hospice providers remain largely shut out and still looking for a “carve-in.” But though the hospice industry may be on its own island when it comes to the MA program, it at least appears to be building new bridges. The National […]
In one example of hospice fraud, a provider was caught billing for 17 days of general inpatient care for a 70-year-old Medicare beneficiary, though a caregiver had never even visited him. In another case, an owner a hospice was found to be using recruiters to solicit and enroll beneficiaries for hospice care when they were […]
Lifted by the closures of two sizable home health and hospice acquisitions, Addus HomeCare Corporation (Nasdaq: ADUS) posted steady financial results for the second quarter of 2018. The Frisco, Texas-based provider expects those financials to grow stronger, too, as the company positions itself to take advantage of M&A opportunities stemming from pending electronic visit verification (EVV) requirements […]
Home health continues to be a trouble spot for Brookdale Senior Living (NYSE: BKD), the nation’s largest owner and operator of private-pay senior living communities. Brentwood, Tennessee-based Brookdale posted its financial results for the second quarter of 2018 this week, highlighted by a companywide net loss of $165.5 million compared to a net loss of […]
An East Coast fisherman likely wasn’t expecting that a morning of crabbing at Matt’s Landing in New Jersey would lead to a rare and deadly infection—or highlight a major dilemma in the Medicare hospice program. Specifically, the case is an example of how patients sometimes must forgo the comfort care that hospice can provide in […]
Vitas—Chemed Corporation’s (NYSE: CHE) hospice business—posted sturdy second-quarter financial results Wednesday, partially thanks to increases in both its average daily census and admissions levels. Cincinnati-based Chemed’s Vitas segment is recognized as one of the nation’s largest providers of end-of-life care, employing about 11,500 professionals who operate across hospice locations in 14 states and Washington, D.C. It’s […]
In an ongoing and dramatic shift from the early 2000s, the vast majority of home health episodes are no longer preceded by a hospitalization or skilled nursing facility stay. That’s according to the latest round of federal health care spending data insights compiled by the Medicare Payment Advisory Commission (MedPAC), a nonpartisan legislative branch agency […]
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