Health Care & Insurance  May 16, 2014

Cash squeeze triggers hospice mergers

Registered nurse Corrie Goodier checks on her patient Kimberly Anderson at the TRU Community Care hospice, which is housed at the Balfour facility in Louisville. Jonathan Castner/for BizWest

Hospices facing pay cuts under new Medicare reimbursement rules are merging to reduce costs and cope with new regulatory burdens.

In April, Lafayette-based TRU Community Care and Greeley-based Hospice of Northern Colorado announced that they would merge their operations in order to better weather the storm of changes.

Determining just how much will be lost is a “moving target” said Darla Schueth, president and…

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