Home Health & Hospice Week
Another Texas Hospital Sells HH Unit
In Texas, the Gainesville Hospital District board has voted to sell North Texas Medical Center’s home health operations for $500,000 to Tyler-based Choice Rehab, reports the Gainesville Daily Register newspaper. Choice Rehab’s home health business is Choice Home Care. Choice will manage the agency for 20 months for a fee of $25,000 per month which will be credited toward the purchase price rather than paid, the Daily Register explains. “We’re getting out of the home health business,” hospital exec Jim Kendrick said in a board meeting. “We’re putting it into the hands of someone who does this well … and has committed to continue to operate for at least five years, and is taking away any potential future risk from the time that we move forward,” Kendrick added, according to the newspaper. “There won’t be any risk associated with home health regulations that would impact the hospital,” said Kendrick, who also alluded to PDGM changes coming next year as motivating the sale.
Home Health & Hospice Week
- Reimbursement:
MedPAC To Ratchet Up Cut Recommendation To 7%
Increase comes as a surprise. While home health agencies are facing down the biggest change [...] - Finance:
Here's How HHA Profit Margins Have Stacked Up This Decade
Profits have seen some sharp peaks and valleys. With the 2010s about to close, it’s [...] - Know Your Facts:
MedPAC Predicts Higher Profit Margin Under PDGM
Agency number and episode volume fall — again. Take a look at the facts and [...] - Billing:
Ring In The New Year With Functioning Billing
Warning: HICNs will reject in a few weeks. Don’t get so caught up in PDGM [...] - HIPAA:
You Must Protect All Of These PHI Identifiers
If you mess up on what’s PHI and what isn’t, the price tag may be [...] - Industry Note:
MedPAC Readies Rate Freeze, Cap Reduction Recs
Cap reduction will risk access, expert warns. Hospices’ relatively high average profit margin of 12.6 [...] - Industry Note:
Prepare For RAP Hold On Jan. 1
Many things will change with PDGM’s implementation Jan. 1, but some things will stay the [...] - Industry Note:
OIG Beats Hospice Survey Drum Again
The HHS Office of Inspector General’s Semiannual Report to Congress is another chance for the [...] - Industry Note:
Where Is Rural Add-On Help?
A Nov. 21 blog post by CMS Administrator Seema Verma extolls the Centers for Medicare [...] - Industry Note:
Benchmark Yourself Against These Stats
The more information you have at your fingertips, the easier PDGM implementation and other challenges [...] - Industry Note:
5-State Hospice Chain Expands With Acquisition
Heart of Hospice based in Columbia, South Carolina, has purchased the operations of Heartstrings Hospice, [...] - Industry Note:
LHC-LifePoint Makes Arkansas Buy
LHC Group Inc. and LifePoint Health are further expanding their joint venture with an agreement [...] - Industry Note:
Another Texas Hospital Sells HH Unit
In Texas, the Gainesville Hospital District board has voted to sell North Texas Medical Center’s [...] - Industry Note:
State DOH Settles Fraud Allegations For $13.4M
State governments and hospice fraud settlements don’t usually go hand-in-hand, but a recent case is [...] - Industry Note:
HH Spending Grows
Total national healthcare spending in 2018 grew 4.6 percent to $3.6 trillion, according to new [...]
