Changes in Diagnoses and Site of Care for Patients Receiving Hospice Care From Agencies Acquired by Private Equity Firms and Publicly Traded Companies.

ABSTRACT:

Importance

Private equity firms and publicly traded companies have been acquiring US hospice agencies; an estimated 16% of US hospice agencies are owned by private equity (PE) firms or publicly traded companies (PTC).

Objective

To examine the association of PE and PTC acquisitions of hospices with Medicare patients' site of care and clinical diagnoses.

Design, setting, and participants

This cohort study of US hospice agencies used a novel national database of acquisitions merged with the Medicare Post-Acute Care and Hospice Public Use File for 2013 to 2020. Changes in sites of care and patient characteristics for hospice agencies acquired by PE or PTCs were compared with changes for patients in nonacquired for-profit hospice agencies.

Exposure

Private equity an

SUBMITTER: Braun RT 

PROVIDER: S-EPMC10520742 | biostudies-literature | 2023 Sep

REPOSITORIES: biostudies-literature