Home Health & Hospice Week
Amedisys Sees Big Earnings Drop This Quarter
Amedisys Inc. saw its earnings drop in the latest quarter. The Baton Rouge, La.-based national chain reported net income of $15.3 million on revenues of $364.3 million for the quarter ended March 31. That's down from a $36.8 million profit on $413.0 million in revenues for the year-ago quarter. "Soft admissions volume drove revenue below our expectations," Amedisys CEO William Borne says in a release. Amedisys also announced its acquisition of the hospice operations of Hackensack University Medical Center in New Jersey. Hospice of Hackensack has annual revenue of about $5 million. It operates one hospice agency and one eight-bed hospice inpatient unit serving Bergen and Hudson counties, but is licensed to provide care for all counties in New Jersey, Amedisys says in a separate release. The acquisition builds on Amedisys' recent $125 million buy of Beacon Hospice in New England (see Eli's HCW, Vol. XX, No. 16, p. 128).
Home Health & Hospice Week
- Hospice:
Hospices To See 2.3% Pay Bump Starting This Fall
But BNAF wage index reduction takes $80 million out of hospices' pockets. Hospices should see [...] - Compliance:
2 Steps Help Ward Off Payment Suspensions For 'Credible' Fraud Allegations
Home in on these 3 sources of fraud complaints. Beware a new Affordable Care Act [...] - Regulations:
Will Hospice Face-To-Face Change Ease Your Burden?
CMS proposes loosening up who can make the F2F visit for hospice patients. Your hospice [...] - Audits:
Don't Cross The Line When Teaching Staff How To Respond To Auditors, Surveyors
Beware ever saying this. Solid bet: "With all the different entities out there doing audits, [...] - Industry Notes:
F2F Requirement Under Fire In Mainstream Press
New senate letter circulates on the face-to-face requirement. The public is taking notice of the [...] - Industry Notes:
OIG Scrutinizes Consolidated Billing
Don't be surprised if you start getting old bills from durable medical equipment suppliers who [...] - Industry Notes:
Follow This Wound Photo Guidance
The Wound, Ostomy and Continence Nurses Society has published a position paper that includes helpful [...] - Industry Notes:
Take These Steps When A Patient Won't Sign An HHABN
What do you do when a patient won't sign a home health advance beneficiary notice? [...] - Industry Notes:
Beware Adjustments To Outlier Claims
If you need to submit an adjustment for a claim that includes an outlier payment, [...] - Industry Notes:
Catch Up On Your Cahaba-To-CIGNA Duties
The transition from Cahaba GBA to HHH MAC CIGNA is ramping up. HHAs and hospices [...] - Industry Notes:
Compare Yourself To These NCLOS Benchmarks
If your non-cancer length of stay rates for hospice patients vary widely from the norm, [...] - Industry Notes:
Amedisys Sees Big Earnings Drop This Quarter
Amedisys Inc. saw its earnings drop in the latest quarter. The Baton Rouge, La.-based national [...] - Industry Notes:
Salt Lake City Home Care Providers Merge
Two Salt Lake City home care providers have become one. Community Nursing Services, a not-for-profit [...] - Industry Notes:
Get To Know New Doc Field In FISS Screen
Get to know a new field in your FISS screen. As of April, "FISS Claim [...] - Reader Question:
What Counts As 'Close To' For Therapy Reevals?
Don't dupe yourself into providing unnecessary non-billable therapy visits. Reader Question: The Centers for Medicare [...]
