Growing health hospice and home health care company Halcyon Health continued its expansion efforts this month with the acquisition of Valdosta, Georgia-based Grace Hospice. The transaction marks Halcyon’s first hospice acquisition in South georgia. Based in the southeastern U.S., the company completed its first two acquisitions in 2011 covering more than 40 counties in North […]
Category: Hospice
The Ensign Group (NASDAQ: ENSG) has expanded its services in Arizona and California through the acquisitions of two hospice companies this month. Through the purchases of Mesa, Arizona-based Emblem Hospice and Pasadena, Calif.-based Vesper Hospice, the company is continuing to broaden its reach in hospice services across several states. “We are pleased with the measured […]
Medicare is beginning to crack down on one industry with a strong emphasis on home care: hospice. The level of scrutiny on the industry is increasing, according to J. Donald Schumacher, president and CEO of the National Hospice and Palliative Care Organization, in a Kaiser Health News article. The Office of the Inspector General’s 2013 […]
Detroit-based Karmanos Cancer Institute has sold its 20-year old hospice program to Residential Home Health in Madison Heights, Michigan for an undisclosed price, reports Crain’s Detroit. Under the agreement, Residential has agreed to deliver transitional nursing services at Karmanos’ inpatient and outpatients locations, while also providing a rang of post-acute care services. With the acquisition […]
End-of-life hospice and palliative care will continue to experience demand as long as Americans age and die every year. That is just a fact of life New York Times mentions in an article, spotlighting that changes to hospice services should rely on enhancing the quality of care provided rather than the costs of services provided. […]
Home health care escaped the fiscal cliff unscathed with President Obama’s signing of the American Taxpayer Relief Act of 2012, prompting a sigh of relief among many fearing across-the-board spending cuts. Upon Obama’s passing of the bill, President of the National Association of Home Care & Hospice (NAHC) Val J. Halamandaris expressed his praise for […]
WIth hospice care rising 53% from 2000-2010, roughly 98% of the U.S. population lives close enough to a hospice to receive care, according to a recent study published by Health Affairs. Although hospice services will continue experiencing demand from Americans dying each year from terminal illnesses, restrictive enrollment policies prevent many patients from receiving hospice […]
The demand for hospice care among seniors shows no signs of slowing down, with a direct correlation between the demand for hospice care and average lifespan. As the number of people who pass away due to progressive diseases increases, so has the need for longer, more sustained care, according to a recent study conducted by the National […]
A net 0.9% increase in hospice payments will begin October 1, Centers for Medicare And Medicaid Services (CMS) announced in a home hospice wage index notice posted Tuesday. The impact of this new rule is projected to decrease federal payments to hospices by $100 million in fiscal year (FY) 2013. Previously when introducing new rules, CMS has […]
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