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All posts tagged with “Hospice Provider News | For-profit News.”
Amid huge growth in Southern Nevada’s hospice industry, lawmaker pushes for more oversight
03/06/25 at 03:00 AMAmid huge growth in Southern Nevada’s hospice industry, lawmaker pushes for more oversight The Nevada Independent; by Tabitha Mueller; 3/5/25 The number of licensed hospice providers in Southern Nevada jumped by more than 350 percent since 2020 — a proliferation combined with minimal industry regulation that health care experts warn harms patients and leads to fraud. To address the issue, Assm. Rebecca Edgeworth (R-Las Vegas) is sponsoring AB161, which is scheduled for a hearing Wednesday. The measure, Edgeworth said, is a way to “raise the bar” for hospice providers and protect patients. “In the last few years, there has been this horrendous influx of charlatans and flimflam artists,” Edgeworth told The Nevada Independent.
Uplift Hospice acquires Star of Texas
03/06/25 at 03:00 AMUplift Hospice acquires Star of Texas Hospice News; by Jim Parker; 3/5/25Uplift Hospice has acquired Star of Texas Hospice. Financial terms were undisclosed. The transaction will bring Uplift’s average daily census up to 450 across three states — Arizona, Nevada and Texas. The two organizations first connected to discuss a potential transaction through a mutual relationship with the M&A advisory firm Agenda Health, according to Uplift Hospice’s CEO Owen Lawrie.
What's driving change in end-of-life care for February 2025
03/06/25 at 03:00 AMWhat's driving change in end-of-life care for February 2025 Teleios Collaborative Network (TCN); podcast by Chris Comeaux; 3/5/25 In this episode, Chris Comeaux and Cordt Kassner, PhD—Publisher of Hospice & Palliative Care Today and CEO/Founder of Hospice Analytics—unpack the latest trends shaping end-of-life care in America. Drawing on extensive experience and data-driven insights, they spotlight key Hospice headlines, research, and podcasts influencing the Hospice sector. … Plus, Cordt delivers a masterclass on Hospice technology, offering practical tools and strategies to enhance care delivery.
Bristol Hospice launches new locations in 4 states
03/05/25 at 03:00 AMBristol Hospice launches new locations in 4 states Hospice News; by Holly Vossel; 3/3/25 Bristol Hospice has unveiled de novos in Arizona, South Carolina, Texas and Washington. The move marks an important period of expansion in states with some of the largest aging populations pushing up demand for hospice. The hospice provider has plans to expand in Fort Worth, Texas in the “near future,” the organization stated in an announcement. “We are thrilled to announce that Bristol Hospice is now accepting patients in the following locations: Lubbock, Texas; Tacoma, Washington (Pierce County); Phoenix, Arizona; [and] Charleston, South Carolina,” the organization said in a social media post.
Pennant leaders tout record breaking’ home health growth, transformative deals
03/04/25 at 03:00 AMThe Pennant Group to ramp up hospice, home health transactions during 2025 Hospice News; by Jim Parker; 2/28/25 The Pennant Group (Nasdaq: PNTG) plans to ramp up acquisitions later this year as it works to integrate assets purchased in late 2024. Among those deals was The Pennant Group’s acquisition of Signature Healthcare at Home’s hospice and home health assets for a price tag of $80 million which closed in January. The company also completed some senior living transactions. Pennant is on the hunt for more deals but will likely be more active later in the year.
Care America Home Care enhances access to compassionate hospice care in Irvine, CA
03/03/25 at 03:00 AMCare America Home Care enhances access to compassionate hospice care in Irvine, CA East Coastsentinal, Irvine, CA; 2/28/25Care America Home Care, a trusted name in senior care, proudly announces its continued dedication to the Irvine community by expanding access to personalized hospice home care services. This initiative supports families navigating challenging times by providing compassionate and professional hospice support at home in Irvine, ensuring the highest standards of care and comfort. “At Care America Home Care, we understand families’ profound emotional and logistical challenges during end-of-life care. Our mission is to offer a reliable and comforting solution, enabling families to focus on cherishing their time together,” said Rina Boidon, the Founder and Co-Owner of Care America Home Care.
VITAS’ 'powerhouse’ growth in hospice hitting ‘all-time highs’
03/03/25 at 03:00 AMVITAS’ 'powerhouse’ growth in hospice hitting ‘all-time highs’ Hospice News; by Holly Vossel; 2/27/25 Florida-based VITAS Healthcare is anticipating fruitful hospice growth on its horizon. The Chemed Corp. (NYSE: CHE) subsidiary has seen record-highs in patient census volumes and is ramping up strategic plans to expand its geographic footprint across its home state. Acquisitions and de novos will make up an important mix of VITAS’ expansion, Chairman and CEO Nick Westfall said in Thursday’s earnings call. The company is optimistic about future opportunities in the Southeast, executives indicated. [Click on the title's link to continue reading.]
Amedisys sees hospice growth as DOJ-UnitedHealth Group lawsuit looms
02/28/25 at 03:00 AMAmedisys sees hospice growth as DOJ-UnitedHealth Group lawsuit looms Hospice News; by Jim Parker; 2/27/25 Amedisys Inc. (Nasdaq: AMED) saw hospice revenue growth during the fourth quarter of 2024 despite merger-related costs associated with its pending acquisition by UnitedHealth Group (NYSE: UNH). The company’s hospice business saw net service revenues of $21.29 million during the fourth quarter of 2024, up from $20.6 million year over year. For the full year 2024, net service revenue reached $82.58 million, an increase from $79.8 million in 2023. ... On a consolidated basis, company-wide net service revenue hit $59.8 million in Q4, up from $57 million in the prior year’s period. These results come as Amedisys and UnitedHealth Group are embroiled in a lawsuit by the U.S. Justice Department intended to block their potentially forthcoming acquisition due to antitrust concerns.
UnitedHealth Group's year of DOJ probes, layoffs and backlash
02/28/25 at 03:00 AMUnitedHealth Group's year of DOJ probes, layoffs and backlash Modern Healthcare; by Lauren Berryman; 2/24/25 UnitedHealth Group has faced an unprecedented past year, navigating events that have tested its finances, operations and reputation. Here is a timeline of key events during the company’s past 12 months. [Click here and scroll down to the timeline with links to Modern Healthcare's articles through the year.]
Saad Healthcare agrees to pay $3M to settle False Claims Act allegations that it billed Medicare for ineligible hospice patients
02/24/25 at 03:00 AMSaad Healthcare agrees to pay $3M to settle False Claims Act allegations that it billed Medicare for ineligible hospice patientsU.S. Department of Justice - Office of Public Affairs; Press Release; 2/21/25Saad Enterprises Inc., doing business as Saad Healthcare, has agreed to pay $3 million to resolve allegations that it violated the False Claims Act by knowingly submitting false claims for the care of hospice patients in Alabama who were ineligible for the Medicare hospice benefit because they were not terminally ill. ... The settlement resolves allegations that between 2013 and 2020 Saad submitted, or caused the submission of, false claims to Medicare for 21 patients who did not meet the eligibility requirements for the Medicare hospice benefit as defined by statute and regulation, despite Saad knowing the patients were ineligible for the Medicare hospice benefit.
[West Virginia] House HHR Committee holds hearing on CON
02/24/25 at 02:00 AM[West Virginia] House HHR Committee holds hearing on CON Wrap Up - Official Blog of the West Virginia Legislature; by Cheyenne DeBolt; 2/20/25 The [West Virginia] House Health and Human Resources Committee met [Thursday Feb. 20] for a lengthy committee hearing on certificate of need repeal. Several people showed up to speak about CON and questions about patient choice, patient access, and affordability came up. House Bill 2007 repeals the certificate of need (CON) process on January 1, 2026. The bill also terminates the WV Health Care Authority, transferring its assets and powers to the Secretary of the Department of Health. The bill was advanced to markup. ... Every state around West Virginia except Pennsylvania and Ohio has CON meaning WV could only go into two other states but all the states around us could come into WV. There are seven hospice houses in West Virginia which are all nonprofit. There are 18 hospice providers throughout the state, which are divided based on the CON processes.
New Day Healthcare acquires Christian Senior Care Services
02/21/25 at 03:00 AMNew Day Healthcare acquires Christian Senior Care Services Hospice News; by Jim Parker; 2/20/25 New Day Healthcare has acquired the home-based care company Christian Senior Care Services in Houston for an undisclosed sum. The deal, New Day’s 13th to date, expands the company’s personal care services division into five additional counties in the Houston metro area. The operation will continue to operate under its current brand, and the entire staff will remain in place. ... The transaction adds personal care services to New Day’s hospice and home health operations in the Houston area, a key step in the provider’s efforts to build out a multi-faceted continuum of care. ... Similar to national demographic trends, a growing aging population is driving demand for hospice in Texas. Seniors 65 and older represent 13.8% of the Lone Star State’s overall population, according to the U.S. Census Bureau.
[Updated] Trump administration suspends hospice Special Focus Program
02/18/25 at 03:00 AM[Updated] Trump administration suspends hospice Special Focus Program Hospice News; by Jim Parker; 2/14/25 The Trump Administration has suspended implementation of the hospice Special Focus Program. Finalized in the 2024 home health payment rule, the program is designed to identify poor performing hospices, mandate quality improvement and in some cases impose additional penalties. However, stakeholders in the hospice space have contended that the agency’s methodology for selecting hospices for the program is deeply flawed. Notice of the suspension appeared [Friday, 2/14] on the U.S. Centers for Medicare & Medicaid Services (CMS) website.
What's keeping CFOs up at night?
02/18/25 at 02:00 AMWhat's keeping CFOs up at night? Becker's Hospital CFO Report; by Alan Condon; 2/14/25 As health system CFOs chart their course for 2025, they face an increasingly complex financial landscape marked by mounting labor costs, tightening margins, shifting payer dynamics and an evolving regulatory environment. ... [Several] CFOs recently joined the “Becker's CFO and Revenue Cycle Podcast” to discuss the trends they're watching most closely — and the strategies they're deploying to stay ahead. [Key items include the following: labor shortages (key theme); major investments in ambulatory care facilities; AI to support operations and service; physician partnerships; shift from fee for service to value-based care; clinical labor; malpractice litigation; growth of Medicare Advantage programs; staffing shortages; inflation; reimbursements; providing care to undersinsured patients; Medicaid supplemental funding programs; "disruptors' by private equity and "other nontraditional players"; uncertainty of federal and state regulation changes.]
UnitedHealth, Amedisys plan divesture of up to 128 locations
02/17/25 at 03:00 AMUnitedHealth, Amedisys plan divesture of up to 128 locations Modern Healthcare; by Diane Eastabrook; 2/11/25 UnitedHealth Group said in a court filing Friday [2/7/25] its plans to sell at least 128 home health and hospice locations to ease the Justice Department's antitrust concerns around its acquisition of Amedisys. The divestiture plans were part of a filing in the United States District Court for the District of Maryland in a response to the Justice Department’s lawsuit to block the proposed acquisition. ... The company didn’t identify which locations would be sold, but said they would be in areas where UnitedHealth Group and Amedisys’ combined market share would exceed the thresholds federal regulators allege could harm competition. UnitedHealth Group said in the court filing it was in the process of identifying qualified buyers who would be able to operate and grow the divested locations.
Humana posts $693M loss in Q4
02/17/25 at 03:00 AMHumana posts $693M loss in Q4 Becker's Payer Issues; by Jakob Emerson; 2/11/25 Humana lost $693 million in the fourth quarter of 2024, according to the company's year-end earnings report published Feb. 11. The results reflect increased benefits expenses, particularly in Medicare Advantage and state-based contracts. Despite the challenges, the company projected earnings per share of $15.88 for 2025, with an adjusted EPS of approximately $16.25. Total revenues in the fourth quarter were $29.2 billion, up 10.4% year over year. In 2024, total revenues were $117.8 billion, up 10.7%. Humana posted a net loss of $693 million in the fourth quarter, compared to a $541 million net loss the year prior. In 2024, the company's net income totaled nearly $1.2 billion, down 52%.
Hospice leaders applaud CMS’s decision to reevaluate Special Focus Program, call for meaningful reforms
02/17/25 at 02:00 AMHospice leaders applaud CMS’s decision to reevaluate Special Focus Program, call for meaningful reforms National Alliance for Care at Home, Washington, DC and Alexandria, VA; Press Release; 2/14/25 Effective February 14, 2025, the Centers for Medicare & Medicaid Services (CMS) has ceased the implementation of the Hospice Special Focus Program (SFP) so that CMS may further evaluate the program. This decision is a positive move acknowledging that the current approach is not working as intended. The hospice community has long advocated for strong oversight and patient protections, but the SFP, as implemented, was deeply flawed, unlawful, and harmful to the very patients it was meant to protect. A multi-state coalition of hospices and hospice associations took legal action in January to challenge the program, citing its misrepresentation of hospice compliance records, misleading data, and jeopardized access to high-quality end-of-life care. The flawed algorithm behind the SFP failed to distinguish fraudulent providers from reputable ones, disproportionately penalized well-established hospices, and ignored repeated warnings from congressional leaders and industry stakeholders. ... Now that CMS is reassessing its approach, there is an opportunity to ensure that oversight efforts truly enhance patient protections without restricting access to trusted hospice providers. The National Alliance for Care at Home (the Alliance) and the National Partnership for Healthcare and Hospice Innovation (NPHI) remain committed to protecting access to high-quality hospice care and ensuring that regulatory oversight is fair, transparent, and aligned with congressional intent. ... [Click on the title's link to continue reading.]
St. Croix Hospice opens new location in La Crosse
02/14/25 at 03:00 AMSt. Croix Hospice opens new location in La Crosse News 8 Now, La Crosse, WI; by Corey Peters; 2/12/25 St. Croix Hospice held a ribbon cutting for their new location in La Crosse on Wednesday. St. Croix Hospice originated back in 2009 in Oakdale, Minnesota, and have now expanded to 18 locations around Wisconsin. St. Croix Hospice held a ribbon cutting for their new location in La Crosse on Wednesday. St. Croix Hospice originated back in 2009 in Oakdale, Minnesota, and have now expanded to 18 locations around Wisconsin.
Dealbook: HouseWorks completes 2 acquisitions; Family Resource Home Care acquires Beneficial In-Home Care
02/14/25 at 03:00 AMDealbook: HouseWorks completes 2 acquisitions; Family Resource Home Care acquires Beneficial In-Home Care Home Health Care News; by Audrie Martin; 2/12/25
Hospice advocates push bill for a third time despite two Hochul vetoes
02/14/25 at 03:00 AMHospice advocates push bill for a third time despite two Hochul vetoes Spectrum News 1, New York State; by susan Arbetter; 2/12/25 Last spring, Capital Tonight sounded an alarm about for-profit hospice care. The Federal Bureau of Investigation (FBI) had just issued public warnings about for-profit hospice fraud in four states; it was alerting consumers to a scam in which patients were being enrolled without their knowledge by recruiters who were “selling” hospice to people who weren’t eligible. Hospice fraud like this has also been extensively reported by The New Yorker and Pro Publica. After Gov. Kathy Hochul twice vetoed a bill preventing the expansion of for-profit hospice in New York, a new bill (S.3437/ A. 565) is being introduced by the chair of the state Senate Finance Committee, Liz Krueger, and chair of the state Assembly Health Committee, Amy Paulin. “If a family is faced with a loved one that is dying, they should not also be faced with the possible incentive of money,” Assembly member Paulin told Capital Tonight. There are a variety of drawbacks to for-profit care, and there is clear data that shows profit motives drive for-profit hospice to neglect patient care and prioritize volume over quality.
BrightStar, Compassus, Empath harness clinical, data and product power
02/13/25 at 03:00 AMBrightStar, Compassus, Empath harness clinical, data and product power Home Health Care News; by Joyce Famakinwa; 2/10/25 Clinical power, data power and product power offer three ways of examining some of the top priorities for home-based care companies in 2025. Compassus, BrightStar Care and Empath Health all have a range of initiatives and achievements that are relevant to these areas, which leaders with the three organizations delved into during a panel discussion at the recent Home Care 100 conference. ...
How the DOJ-UnitedHealth Group lawsuit could change hospice M&A
02/12/25 at 03:00 AMHow the DOJ-UnitedHealth Group lawsuit could change hospice M&A Hospice News; by Jim Parker; 2/11/25 A U.S. Justice Department (DOJ) victory in its lawsuit to block UnitedHealth Group’s (NYSE: UNH) acquisition of Amedisys is unlikely to have a cooling effect on hospice M&A, according to some experts. The UnitedHealth Group subsidiary Optum in June 2023 agreed to acquire Amedisys in a $3.3 billion deal. Optum in February 2023 also acquired the home health and hospice provider LHC Group for $5.4 billion. DOJ in December 2024 filed the lawsuit to kill the deal. The state attorneys general of Maryland, Illinois, New Jersey, and New York are also plaintiffs in the suit. ... DOJ’s chief concern is that the combination of the two companies would dampen competition in the hospice and home health space. Should the transaction proceed, Optum would control 30% or more of the home health or hospice services in eight states, according to the Justice Department’s complaint.
Bristol Hospice acquires St. Agatha Comfort Care
02/10/25 at 03:00 AMBristol Hospice acquires St. Agatha Comfort Care Hospice News; by Jim Parker; 2/6/25 Bristol Hospice has acquired St. Agatha Comfort Care in Las Vegas for an undisclosed amount. ... Bristol is a portfolio company of the private equity firm Webster Equity Partners. The company operates 64 locations across 25 states, employing more than 3,000 professionals. The hospice provider has indeed been on a growth trajectory. In June 2024, Bristol Hospice acquired Mississippi-based Mid-Delta Hospice, a move that marked its entry into that state. Bristol has been a prolific buyer in the M&A market during the past five years, but more recently it has leaned harder into its de novo strategy. In August of last year, Bristol Hospice opened four new locations within a single week in three different states.
UnitedHealth drops dismissal bid in US suit over Amedisys deal
02/10/25 at 03:00 AMUnitedHealth drops dismissal bid in US suit over Amedisys deal Bloomberg Law; by Justin Wise; 2/6/25 (additional subscription may be required)UnitedHealth Group Inc. is withdrawing its motion to dismiss the Justice Department’s lawsuit seeking to block its $3.3 billion acquisition of home-health and hospice services provider Amedisys Inc. and planning to fight the case at trial. In a Wednesday [2/5/25] filing in the US District Court for the District of Maryland, UnitedHealth and Amedisys said that new information provided by the Justice Department eliminated the basis for its request to toss the case at a preliminary stage. The firms previously argued the DOJ was withholding key geographic market information integral to its claim that the tie-up would stifle competition ...
Heart to Heart Hospice expands service in Texas with site in West Columbia
02/06/25 at 02:30 AMHeart to Heart Hospice expands service in Texas with site in West Columbia Cision, Plano, TX; by PR Newswire; 2/4/25 Heart to Heart Hospice, one of the country's largest private providers of hospice care, is expanding its service in Texas with a new site in West Columbia. The new location, known as Heart to Heart Hospice of the Riverbend, is now open to serve more patients and families in the southeast Texas area. The West Columbia branch will serve the counties of Brazoria, Fort Bend, Matagorda, and Wharton.