For-profit hospices increasing despite poor performance
November 20, 2024
November 20, 2024
ITHACA, New York, Nov. 20 -- Cornell University issued the following news:
Hospices are increasingly owned by private equity firms and publicly traded companies, but recently Weill Cornell Medicine researchers found that they performed substantially worse than hospices owned by not-for-profit agencies. This is concerning as nearly 75% of hospice programs, which care for patients in their last stage of life, are for-profit.
The study, published Nov. 18 in JAMA, highlight . . .
Hospices are increasingly owned by private equity firms and publicly traded companies, but recently Weill Cornell Medicine researchers found that they performed substantially worse than hospices owned by not-for-profit agencies. This is concerning as nearly 75% of hospice programs, which care for patients in their last stage of life, are for-profit.
The study, published Nov. 18 in JAMA, highlight . . .