Looking Ahead: Hospice in 2020

The hospice space is evolving and providers will likely spend much of 2020 girding themselves for more change, including movement towards value-based payment models, accelerating industry consolidation, and possible changes to reimbursement, among others. At the forefront of many hospice leaders’ minds will be how they should gear up for the Medicare Advantage hospice carve-in

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Americore Health Files for Bankruptcy

Americore Health is now in Chapter 11 bankruptcy. The bankruptcy became effective on December 30, 2019. It comes after years of financial troubles faced by the company in multiple states, including Virginia, Kentucky, Pennsylvania, Arkansas, and Missouri. Americore has less than $50k in assets and $50k in liabilities at the hospitals still under its control

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Payers, Providers Spar over NEJM Study That Suggests Hospital Mergers Don’t Improve Care

Insurers seized on a new study that shows hospital acquisitions have a modest impact on patient quality, while the hospital industry is rebutting the findings. The New England Journal of Medicine published a study on Thursday that found hospital acquisitions of another hospital led to a modest decline in the patient experience, but no significant

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NPXe Files Voluntary Chapter 11 to Implement 363 Asset Sale

NPXe Limited (“NPXe”), a Phase III pharmaceutical and drug delivery device company developing XENEX™ (xenon gas for inhalation) for neuro- and cardio-protection and improvement in survival for post-cardiac arrest syndrome (PCAS) patients, announced that it has filed a voluntary petition to reorganize under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for

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Regulation of Healthcare M&A in USA

What are some of the primary laws and regulations governing or implicated in healthcare-related business combinations? Are healthcare assets subject to specific regulation that would be material in a typical transaction? Is law and regulation of healthcare national or subnational? This article from Bass, Berry & Sims PLC covers some of the basic regulations in

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Medicaid Supplemental Payment Changes Jeopardize SNF Revenue, Analysts Say

A proposal to ramp up reporting requirements is threatening one of skilled nursing operators’ most significant revenue streams and could dent profitability, analysts said. The CMS’ proposed new rule would redefine base and supplemental payments and force states to unbundle reimbursement data as the agency looks to cut down on “shady recycling schemes that drive

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