Literature Review
Cardinal Health, OptumRx break up
04/26/24 at 03:00 AMCardinal Health, OptumRx break up Becker's Hospital Review, by Paige Twenter; 4/22/24Cardinal Health's pharmaceutical distribution contracts with OptumRx, a subsidiary of UnitedHealth Group, will not be renewed, the medical distributor said April 22. The contracts, which mainly included non-specialty bulk shipments to Optum's mail dispensing sites, will expire in late June. In 2023, sales to OptumRx generated 16% of Cardinal Health's consolidated revenue. "Total sales to OptumRx generate a meaningfully lower operating margin than the overall pharmaceutical and specialty solutions segment," Cardinal said. McKesson Corp. won the contract, according to Bloomberg, which cited Evercore ISI.
Missoula's first end-of-life center taking shape amid fundraising
04/26/24 at 03:00 AMMissoula's first end-of-life center taking shape amid fundraising MissoulaCurrent., by Martin Kidston; 4/24/24 ... Missoula's first dedicated hospice center broke ground last June and is well on its way to opening early next year. The 15,000 square-foot facility has been planned down to the finest detail, from the play of lighting and sound in each room to a reflection center, with end-of-life literature and bereavement support for families. “Missoula has one of the fastest aging and oldest populations in the country. Not only that, we have a vast expanse of area to cover,” said Amanda Melro [Executive Director, Partners of Hope Foundation] . “People live in rural areas and they also live alone. Having a place like this where a family knows they'll be well-taken care of is a huge asset for them. We expect there will be a large demand for the beds.”
Commercial Capital Connect unveils $25M financing for home health care & hospice agencies nationwide – revolving credit lines & term loans up to $750K
04/26/24 at 03:00 AMCommercial Capital Connect unveils $25M financing for home health care & hospice agencies nationwide – revolving credit lines & term loans up to $750K Consumer Infoline; 4/25/24Commercial Capital Connect, a leading marketplace for commercial finance solutions, today announced the launch of a $25 million financing program to provide revolving lines of credit and term loans to home health care and hospice agencies across the United States. ... “The home health care and hospice sectors play a vital role in our communities, providing essential services that enable people to receive quality care in the comfort of their homes,” said Cheryl Tibbs, President of Commercial Capital Connect.
NAHC expresses disappointment regarding Medicaid Access Rule
04/26/24 at 03:00 AMNAHC expresses disappointment regarding Medicaid Access Rule HomeCare; 4/23/24 The National Association for Home Care & Hospice (NAHC) released a statement noting that it was, 'extremely disappointed that the Centers for Medicare and Medicaid Services (CMS) elected to finalize the “payment adequacy” provision in the Medicaid Access Final Rule (CMS 2442-F).' "This is a misguided policy that will result in agency closures, force providers to exit the Medicaid program, and will ultimately make access issues worse around the country," a statement from the organization read. "As NAHC and our partners across the homecare industry have demonstrated, such a provision is not only unworkable due to the varied nature of Medicaid programs across the country, CMS also lacks statutory authority to impose this mandate."
The M&A strategies behind HouseWorks, Care Advantage and PurposeCare
04/26/24 at 03:00 AMThe M&A strategies behind HouseWorks, Care Advantage and PurposeCare
New hospice home set to open in Burton, offering home-like care for end-of-life patients
04/26/24 at 03:00 AMNew hospice home set to open in Burton, offering home-like care for end-of-life patients mlive.com; by Fuad Shalhout; 4/25/24A new hospice home is expected to open in Burton [MI] this summer. ... By creating a guest home in Burton, individuals will receive hospice care in a home-like setting to live out their final days instead of a hospital. ... “We’ve been renovating it for the last six months just making it safe for people,” said Diane Welker, one of the group’s founders and a retired palliative care nurse practitioner at Hurley Medical Center. The foundation received a $4,300 grant from Home Depot to pay for the flooring, and the Community Foundation of Greater Flint provided a $45,000 grant to help with renovations.
How the FTC noncompete ban affects nonprofit providers
04/26/24 at 03:00 AMHow the FTC noncompete ban affects nonprofit providers Modern Healthcare; by Alex Kacik; 4/25/24 The Federal Trade Commission’s ban on noncompete agreements will apply to some healthcare nonprofits, lawyers said. ... In the final rule, the FTC offers an example of a nonprofit hospital that employed 100 physicians. The commission would have jurisdiction “because the organization engaged in business on behalf of for-profit physician members,” the rule states. ... The FTC created a carve-out for senior executives in the final rule. Existing noncompete agreements with senior executives, defined as workers who earn more than $151,164 a year and are in policymaking positions, can remain in place. But employers are barred from enforcing new noncompete provisions with senior executives.
Today's Encouragement: When the story of these times gets written ...
04/26/24 at 03:00 AMWhen the story of these times gets written, we want it to say that we did all we could, and it was more than anyone could have imagined. - Bono
Survey illustrates value of quality onboarding programs at home care firms
04/26/24 at 03:00 AMSurvey illustrates value of quality onboarding programs at home care firms McKnights Home Care, by Adam Healy; 4/24/24 Investing in a robust, high-quality onboarding and training program can yield big returns for home care firms, especially when workers are in short supply, according to a new survey report by healthcare technology company Viventium. The firm surveyed 175 administrators and 220 caregivers working at post-acute care firms. It found that caregivers are nearly 90% more likely to feel secure in their employment and be more engaged with their work after having a good onboarding experience. These positive results can lead to lower turnover rates and better-trained employees, according to the report.
AI could play role in preventing prescribing of unnecessary drugs in older adults
04/26/24 at 03:00 AMAI could play role in preventing prescribing of unnecessary drugs in older adults McKnights Senior Living, by Kristen Fischer; 4/22/24 A new study finds that artificial intelligence could encourage doctors to stop prescribing drugs that aren’t necessary — especially in older adults, who tend to be on multiple medications. The report was published 4/18 in the Journal of Medical Systems. More than 40% of older adults are taking five or more prescription medications, a rate that raises their risk for potentially harmful drug interactions. ... AI isn’t a perfect tool compared with having an actual doctor. For instance, it tended not to pay much attention to a person’s pain level, suggesting that the patient stop taking pain medications but not others for clinical ailments such as high cholesterol or high blood pressure, the authors reported.
Other Business Headlines of Interest, updated 4/25/24 per nasdaq.com
04/26/24 at 03:00 AMOther Business Headlines of Interest, updated 4/25/24 per nasdaq.com
VNA completes land purchase near hospital
04/26/24 at 03:00 AMVNA completes land purchase near hospital VeroNews.com; by Lisa Zahner; 4/25/24The Visiting Nurse Association of the Treasure Coast finally owns the land under its Hospice House building after closing last week on the purchase for $3.8 million of a prime chunk of real estate just east of Cleveland Clinic Indian River Hospital. For decades, VNA had leased the 14.56-acre parcel on 37th Street from the Hospital District. The 12,000-square-foot 12-bed Hospice House, plus 4.2 acres of tropical meditation gardens, and a memorial are situated at the rear or south end of the parcel, while more than half of the land with 37th Street frontage remains vacant.
Hospice groups, AOs speak out on proposed Accreditor Oversight Rule
04/26/24 at 03:00 AMHospice groups, AOs speak out on proposed Accreditor Oversight Rule Hospice News; by Jim Parker; 4/22/24Some accreditation organizations (AOs) have balked at the U.S. Centers for Medicare and Medicaid Services’ (CMS) proposed rule designed to strengthen oversight of those institutions. ... Three such organizations currently have deeming authority for hospices, The Joint Commission, the Accreditation Commission for Health Care (ACHC) and Community Health Accreditation Partner (CHAP). These accreditors have joined a host of other stakeholders in making public comments on the proposed rule, with some requesting clarifications and others outright denying that CMS has the authority to establish such requirements.
Oncology social workers' involvement in palliative care: Secondary data analysis from nationwide oncology social workers survey
04/26/24 at 02:00 AMOncology social workers' involvement in palliative care: Secondary data analysis from nationwide oncology social workers surveyPalliative & Supportive Care; by Ting Guan, Karlynn BrintzenhofeSzoc, Alyssa Middleton, Shirley Otis-Green, Tara Schapmire, Makeeta Rayton, Krista Nelson, Michael L Grignon, Brad ZebrackResults: Responses from a secondary data set of 243 oncology social workers involved in palliative care results in a 6-factor solution comprising 34 tasks. These factors were identified as: Therapeutic Interventions for Individuals, Couples, and Families; Facilitate Patient Care Decision-making; Care Coordination; Assessment and Emotional Support; Organization and Community Service; and Equity and Justice.Significance of results: The findings can be used to develop job descriptions and education for social workers employed in palliative cancer care. The clear role descriptions also make social work visible to other professionals in palliative oncology. By clarifying the roles of oncology social workers, this study contributes to the improvement of palliative care delivery and enhances interprofessional collaboration within cancer care teams.
Beyond compensation: Culture as a benefit
04/26/24 at 02:00 AMBeyond compensation: Culture as a benefit HR Daily Advisor; by G Hatfield; 4/24/24 Compensation is not the only factor that nurses consider when choosing a health system. Benefits packages, workplace culture, safety, and flexibility all play a role in the decision-making process. CNOs should take a look at their health system’s offerings to make sure they are attractive to new nurses and that they are staying competitive in the industry. During the HealthLeaders’ Nurse Labor and Compensation NOW Summit, Robin Steaban, Chief Nursing Officer at Vanderbilt University Hospital, spoke about innovative perks to attract and keep nurses, and how workplace culture and safety play a role as benefits alongside compensation.
How the FTC's ban on noncompetes will shake up healthcare workforce strategies
04/26/24 at 02:00 AMHow the FTC's ban on noncompetes will shake up healthcare workforce strategiesHealthleaders; by Jay Asser; 4/25/24CEOs will have to adjust their strategies to maintain their workforce if the final rule stands. Key Takeaways:
Remembrance Ceremony raises more than $76,000 for nonprofit hospice services
04/26/24 at 02:00 AMRemembrance Ceremony raises more than $76,000 for nonprofit hospice services Press Release; Avow Hospice, Naples, FL; 4/24/24 Avow gathered hundreds of individuals in Cambier Park for its 18th annual Butterfly Release on April 6, 2024. The remembrance ceremony was marked by an outpouring of generosity, with attendees and supporters contributing more than $76,000 to support Avow's mission. Funds raised will directly benefit Avow community bereavement programs, ensuring that it can continue to offer free grief and loss services to the community. The ceremony gave flight to more than 1,000 butterflies, symbolizing hope, transformation, and remembrance. The moving celebration of life honored 650 loved ones as their names were read aloud during the ceremony.
Analysis finds 4 in 5 nursing facilities don’t meet staffing requirements
04/26/24 at 02:00 AMAnalysis finds 4 in 5 nursing facilities don’t meet staffing requirements McKnights Long-Term Care News, by Josh Henreckson; 4/24/24 More than 80% of nursing homes do not meet the updated requirements in the final staffing mandate from the Centers for Medicare & Medicaid Services, according to new analysis from media outlet KFF. Those findings further amplify the chorus of concerns raised by providers following the news that CMS was raising its proposed requirement of 3.0 hours of care per resident per day to 3.48 in Monday’s final rule. CMS leaders, including Administrator Chiquita Brooks-LaSure, attempted to address sector questions and concerns at a press event Tuesday afternoon. ...
Hall to retire from Hospice; new KEDCO CEO to be announced
04/25/24 at 03:30 AMHall to retire from Hospice; new KEDCO CEO to be announced Times Union Online, by David L. Slone; 4/23/24 In giving their quarterly reports to the Kosciusko County Commissioners Tuesday, one organization revealed a forthcoming retirement while the second organization said a new CEO would be taking the helm in June. Suzie Light, Kosciusko Economic Development Corporation interim co-CEO, reported during KEDCO’s first quarter she and Greg Fitzloff served as interim co-CEOs. ... “We are not making a public announcement. We are happy to report that there will be a public announcement soon on the new CEO, who will take the helm in mid June. We’re really excited that we’ve got a very talented individual who’s coming on board. ...," Light stated.
Medicare Advantage complaints that the plans don’t want – and the review of systems that wasn’t done
04/25/24 at 03:00 AMMedicare Advantage complaints that the plans don’t want – and the review of systems that wasn’t done RACmonitor, by Ronald Hirsch, MD, FACP, ACPA-C, CHCQM, CHRI; 4/24/24 ... In the past, I have talked about complaining to your regional Centers for Medicare & Medicaid Services (CMS) office about violations of CMS-4201-F, but Dr. [Eddie] Hu described how to do it to actually get action. [Click on the title's link for details] ... Now, why should you take the time to file these complaints? ... Why should you take the time to file these complaints? Because CMS tracks formal complaints, and a lot of complaints can significantly affect their quality bonus – and we know how when their money is at risk, the MA plans suddenly pay attention. ...
Deadly shove at assisted-living center in Hugo investigated as homicide
04/25/24 at 03:00 AMDeadly shove at assisted-living center in Hugo investigated as homicide StarTribune, Minneapolis, MN, by Paul Walsh; 4/24/24 An assisted-living center resident in Hugo was pushed by another resident and died in what officials are calling a homicide, according to a court filing. Linda S. Steen 75, was shoved on March 11 at Good Life Assisted Living & Me and suffered a broken hip, the Washington County Sheriff's Office said in a search warrant affidavit filed Tuesday. Steen was put in hospice care and died on March 30, read the affidavit, which cleared the way for a sheriff's detective to collect the medical records of the 74-year-old resident who is suspected of pushing Steen.
Change cyberattack affected 'substantial proportion' of America
04/25/24 at 03:00 AMChange cyberattack affected 'substantial proportion' of America Modern Healthcare, by Lauren Berryman; 4/23/24UnitedHealth Group said the cyberattack against its Change Healthcare unit potentially exposed the personal information of "a substantial proportion of people in America," and it will be months before it is able to identify and notify patients affected. The company also confirmed it paid an unspecified ransom to protect patient data, as reported by Bloomberg Monday.
The moral compass of medicine: Exploring ethical dilemmas
04/25/24 at 03:00 AMThe moral compass of medicine: Exploring ethical dilemmas Medscape, by Lambeth Hochwald; 4/23/24 While the ethical conflicts discussed in medical school once focused primarily on patient privacy, end-of-life issues, and conflicts of interest with pharmaceutical companies, today, the list of ethical dilemmas facing physicians has risen to include everything from gender care and vaccine issues to weight loss drug access and abortion regulations in some states. ... So, what happens when a physician’s expertise clashes with local, state, or national politics?
New York State Bar Association backs expansion of end-of-life-options
04/25/24 at 03:00 AMNew York State Bar Association backs expansion of end-of-life-options Brooklyn Daily Eagle - Courts and Law, by Robert Abruzzese; 4/23/24 The New York State Bar Association (NYSBA) has endorsed the Medical Society of the State of New York's recent support for medical aid in dying. ... The proposed New York bill (A995a/S2445), which will be considered in the 2024 legislative session, includes comprehensive safeguards to ensure that the process is voluntary, informed and free from coercion. These include the confirmation of terminal illness by two independent physicians, mandatory mental health evaluations if needed and detailed counseling on all available end-of-life care options. ...
Kisco Senior Living data breach could affect more than 26,000
04/25/24 at 03:00 AMKisco Senior Living data breach could affect more than 26,000 McKnights Senior Living, by Lois A. Bowers; 4/22/24 More than 26,000 Kisco Senior Living residents and others could have been affected by a June hacking incident, legal counsel for the company said last week. The Carlsbad, CA-based operator, which manages 25 senior living communities across eight states and Washington, DC, said in an April 16 letter to those potentially affected that the data breach occurred around June 6. Names and Social Security numbers could have been revealed in the incident, according to counsel.