Hospice News: Hospices Hurting from Diminished Fundraising, Philanthropy

“Hospices often rely on philanthropic donations and fundraisers to support their programs, but many are taking a financial hit from fallout of the coronavirus pandemic. Despite federal funding relief efforts, strained donors, increased costs and cancelled fundraising events are impacting hospice bottom lines.”

“‘With the economic downturn that appears to be happening, one of the things we are concerned about is how we are going to raise funds in this tenuous time,” said Cynthia Emiry Roy, president and CEO of Connecticut-based Regional Hospice. “It’s very hard to ask somebody to donate to something when they aren’t able to cover their bills.'”

Read the full article