Medicare spending rises 5.9% per stay after private equity buys hospices
Medical Xpress1 min read73 words
The study found Medicare spending rose by 5.9% per hospice stay after private equity acquisition compared to similar for-profit hospices that were not acquired.
The increase was mainly due to longer stays; the average length of stay rose by 6.3 days.
The shift appears related to patients who use less daily care, with a significant rise in the share of patients with dementia and a larger share of patients discharged from hospice alive.
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