A study published in JAMA Network Open revealed that caregivers of hospice patients report more negative experiences at facilities owned by private equity firms and publicly traded companies compared to nonprofit hospices. Respondents rated these for-profit entities lower across critical metrics such as communication, timely care, patient respect, symptom management, and staff training. The study highlights growing concerns as private equity ownership in hospice care surged, with acquisitions increasing from a few in 2016 to over 30 by 2021. Federal regulators are intensifying scrutiny of private equity’s role in healthcare. A cross-agency probe launched in March examines how these ownership models impact care quality, including hospices. Research indicates private equity-backed hospices are more likely to discharge patients prematurely or transfer them to hospitals. Authors argue the profit-driven models, prioritizing short-term returns, may compromise care quality. They call for greater transparency in hospice ownership to enable informed decision-making and accountability. Our team of professionals provides comprehensive clinical, non-clinical, and RCM support to ensure high-quality care in hospice settings. We focus on addressing operational inefficiencies, enhancing patient communication, improving care delivery metrics, and ensuring compliance with regulations, empowering facilities to maintain accountability and prioritize patient-centered outcomes over profit-driven objectives. Cliniqon is committed to delivering Guaranteed Quality, Ensured Compliance, and Unparalleled Outcomes in Home Health and Hospice agencies. #HomeHealthServices #HospiceCare #FrontEndServices #BackOfficeSolutions #HealthcareManagement #RevenueCycleManagement #HealthcareCompliance #PatientSupport #CareCoordination #MedicalBilling #ClaimsManagement #PatientEngagement #HealthcareOutsourcing #MedicalCoding #ProviderSupport #CliniqonCare #HealthcareSolutions #PatientCareExcellence #HomeHealthRCM #HospiceBilling Healthcare Dive
