Four Wage and Hour Takeaways for Employers Following Recent Nevada Supreme Court Decision

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In a victory for employers in wage and hour class actions, on August 11, 2022, the Nevada Supreme Court affirmed the grant of summary judgment in favor of HG Staffing, LLC and MEI-GSR Holdings, LLC, d/b/a Grand Sierra Resort.  In Martel v. HG Staffing, LLC, the named representatives in the class action appeal were former employees […]

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Four Wage and Hour Takeaways for Employers Following Recent Nevada Supreme Court Decision

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In a victory for employers in wage and hour class actions, on August 11, 2022, the Nevada Supreme Court affirmed the grant of summary judgment in favor of HG Staffing, LLC and MEI-GSR Holdings, LLC, d/b/a Grand Sierra Resort.  In Martel v. HG Staffing, LLC, the named representatives in the class action appeal were former employees […]

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Supporting patient wishes for death at home

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Wherever we call home, most of us long to be there.  No matter the condition of the floors, or the quality of the curtains–perhaps no curtains, that is the place we want to be at the end of the day. But what about at the end of our lives? Home may look different from the traditional […]

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Hospices Use Education, Career Incentives to Grow Clinical Workforce

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More hospices are building up their clinical ranks through education, training and programs like tuition reimbursement. Investing in these education and career-building programs could yield big returns when it comes to hiring and keeping personnel, according to Phillip Heath, board chair of New Jersey-based Samaritan Life Enhancing Care. Heath will become the organization’s CEO effective October 1. […]

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Payers to CMMI: We Need a Standardized Definition for Palliative Care

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A group of health plans, policymakers, and insurance companies recently told the Center for Medicare & Medicare Innovation (CMMI) that they needed a standardized definition for palliative care in order to improve access. The Coalition to Transform Advanced Care (C-TAC) recently facilitated discussions between CMMI, health plans and other private payers on ways to integrate […]

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Enhancing Care Coordination Can Give Hospices An Edge in Value-Based Models

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As more health care reimbursement migrates towards value-based payment models, providers will need to master the art of care coordination. Seriously ill patients can easily fall through the cracks in a fragmented health care system, leading to poorer outcomes and costly hospital stays and emergency department visits. Closing these gaps is a rising priority in […]

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Publicly Traded Hospice Execs See Signs of Improvement in Labor Market

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Some hospice company leaders have signaled the labor market may be showing signs of stabilization. Executives from 13 publicly traded home-based care companies participated last week in Jeffries Financial Group’s annual Nashville Healthcare Services Bur Tour, including contingents from Addus (NASDAQ: ADUS), Amedisys (NASDAQ: AMED), CVS Health (NASDAQ: CVS), Signify Health (NASDAQ: SGNY), and Enhabit […]

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Quality Data Crucial for Hospices in Value-Based Reimbursement

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Understanding payer priorities in defining the scope of quality is vital for hospices to thrive not only in traditional Medicare, but also in today’s value-based reimbursement climate. The nitty gritty details of data tracking and management matter when it comes to ensuring both a healthy bottom line and quality patient care. This includes performance on […]

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Hospice Multiples Unlikely to Drop

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A turbulent economy and slight cool-down in deal activity early in the year have led some to question whether the record-high valuations for hospice assets will start to tumble. Like most business sectors, health care has felt the aftershocks of global economic trends such as rising inflation, supply chain disruption, and the continued effects of […]

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High Turnover in Hospices Correlates to Lower Margins

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Elevated turnover rates are nibbling at hospices’ profit margins. A recent, nationwide BerryDunn survey of home health and hospice providers found that those who have experienced high turnover rates also sustained significant blows to their bottom lines. Providers with a turnover rate of 10% or less among staff reported seeing margins rise on average by 18.94%. Meanwhile, […]

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