Hospice Financial Outlook Brightens as Facilities Loosen Restrictions

Posted Saturday, June 26, 2021

Hospice providers have found it nearly impossible to access their facility-based clients during the pandemic.  The restrictions to access have hit hospice providers hard financially and it has also impacted patient’s ability to get the care they desire.  Thankfully, as facilities are slowing opening back up, the outlook for the second half of 2021 for hospice providers is looking up.

“Many hospice leaders believe that states’ relaxation of COVID-19 shelter-in-place restrictions would positively impact their businesses. Last year more than half of hospice providers responding to a Hospice News survey indicated that they believed their organizations would benefit from states’ reopening, compared to 30% of respondents who stated it would have a negative impact.“

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