Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
The hospice mergers and acquisitions market continues to be robust. Fourteen hospice transactions took place during the second quarter of 2019, up from eight hospice-related acquisitions during the first quarter, according to a report from M&A advisory firm Mertz-Taggart. The hospice merger and acquisitions market has been thriving in recent years, with several top providers such as Amedisys, LHC Group, and others prioritizing the expansion of their hospice footprint through acquisitions. The number of Q2 transactions outstrips the previous year’s activity; seven transactions occurring in the first quarter of 2018, followed by eight in the second quarter.
Home Health Care and Residential Nursing Care Services Market to Witness Robust Expansion by 2025: Brookdale Senior Living, Sunrise Senior Living, Emeritus Corporation
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As the population ages across the state and the country, the need for home health care — already in demand — is going to grow. That's why Lafayette-based LHC Group is partnering with South Louisiana Community College Campus to train nursing students in the home health field. They've opened a home health lab on the Lafayette campus, a result of discussions by both agencies about creating a space resembling a residential environment, that will allow nursing students to gain hands-on experience in the home health setting during training. It recreates a residential bedroom, living room and bathroom area where nursing students can practice skills in a home health environment.
Issues such as criminal background checks and credentialing and privileging are significant drivers of regulatory deficiencies among hospice providers, leading hospices to seek strategies to improve compliance. Inadequate vetting of staff was one of the most commonly occurring regulatory survey deficiencies discussed in recent reports from the U.S. Department of Health and Human Services Office of the Inspector General (OIG). The other top deficiencies in the report were related to care planning and comprehensive patient assessments. “Some hospices did not complete criminal background checks of staff, while other hospices did not update employee credentials,” OIG said in the first of the two reports. “When hospices fail to ensure that staff are qualified, they put the safety of beneficiaries at risk.”