Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
Sen. Tammy Baldwin (D-Wis.) and Shelley Moore Capito (R-W.Va.) have introduced the Palliative Care and Hospice Education and Training Act (PCHETA) in the U.S. Senate. The legislation would provide resources to support clinician training to reduce staff shortages in the industry and help providers meet continuously rising demand for those services as the population ages. If enacted, the bill would establish fellowship programs within new palliative care and hospice education centers to provide short-term, intensive training on palliative care and hospice. The courses would provide supplemental training for medical school faculty as well as other educators in health care fields such as nursing, pharmacy, social work and chaplaincy. The centers would also develop curricula related to palliative care and support continuing education, retraining of faculty, practical clinical training and establish training programs for advanced practice nurses.
LHC Group, Inc. (LHCG) Reaches $126.74 52-Week High; Profile of 1 Analysts Covering Lennox International Inc. (LII)
The stock of LHC Group, Inc. (NASDAQ:LHCG) hit a new 52-week high and has $138.15 target or 9.00% above today’s $126.74 share price. The 5 months bullish chart indicates low risk for the $3.99 billion company. The 1-year high was reported on Jul, 15 by Barchart.com. If the $138.15 price target is reached, the company will be worth $359.28 million more. The stock increased 1.06% or $1.33 during the last trading session, reaching $126.74. About 67,054 shares traded. LHC Group, Inc. (NASDAQ:LHCG) has risen 58.85% since July 15, 2018 and is uptrending. It has outperformed by 54.42% the S&P500.
CipherHealth, the leading patient engagement software company in patient outreach, is pleased to announce a unique partnership with Medline, a global manufacturer, distributor and solutions provider focused on improving the overall operating performance of healthcare, to ensure patients have the best possible outcomes and experiences. The partnership will focus on expanding the reach of CipherHealth's episodic engagement program, called CipherOutreach, which allows home health agencies to scale telephonic patient communication with automation. This has proven effective when deployed to engage patients between home visits by identifying and helping to prevent potential adverse clinical events, addressing patient experience concerns, and confirming upcoming home visits. "Like Medline, CipherHealth strives to help agencies address three main challenges within the home health industry-- clinical effectiveness, operational efficiency and reputation management by providing scalable patient engagement solutions. Our solution spans a patient's entire episode of care and beyond. We are excited about what the partnership with Medline will bring as we grow in the home health space," says John Banks Powell, Vice President of Home Health Strategy at CipherHealth.
The hospice industry has become increasingly competitive in recent years, with a growing number of hospices vying for referrals in many areas. Whether you’re a start-up or a well-established agency, you need solid strategies in place to increase your average daily census (ADC) and meet your financial goals! In this webinar, Home Health Care News will moderate a panel discussion with two hospices of different sizes that have successfully grown their agencies in fiercely competitive markets. Attendees will benefit from these alternate peer perspectives and will walk away with real-world advice and best practices for growing their own hospices — regardless of size.