CVS Health (NYSE: CVS) has agreed to purchase Signify Health (NYSE: SGFY) for a total transaction value of $8 billion. Signify is a value-based care enablement company that concentrates on care in the home, including home health and palliative care. CVS indicated that the transaction will lay the foundation for further expansion in home-based health […]
Understanding payer priorities in defining the scope of quality is vital for hospices to thrive not only in traditional Medicare, but also in today’s value-based reimbursement climate. The nitty gritty details of data tracking and management matter when it comes to ensuring both a healthy bottom line and quality patient care. This includes performance on […]
As the hospice community takes its first steps into value-based reimbursement, stakeholders have an opportunity to re-examine elements of the Medicare Hospice Benefit that may be outdated, according to some providers. The hospice benefit became a formal part of Medicare in 1983. Initially, the U.S. Centers for Medicare & Medicare Services (CMS) and its collaborators […]
A group of 17 Illinois health care organizations is collaborating to expand access to home-based primary care, including a number of hospice and palliative care providers. The providers are participating in the Illinois House Call Project, an initiative by the Home Centered Care Institute (HCCI). The project follows up on a similar HCCI program conducted […]
Hospices are developing new services to meet patients’ complex needs and capitalize on value-based payments, but the workforce shortage is causing complications. Ensuring appropriate staffing is a key consideration in service diversification. This goes beyond numbers alone — employee interest and engagement also count, according to Christina Andrews, director of professional services at Axxess. “When […]
As more health care reimbursement migrates towards value-based payment models, providers will need to master the art of care coordination. Seriously ill patients can easily fall through the cracks in a fragmented health care system, leading to poorer outcomes and costly hospital stays and emergency department visits. Closing these gaps is a rising priority in […]
Exploring partnerships with Accountable Care Organizations (ACOs) may help palliative care providers grow and sustain their programs, but they would need to prioritize cost effectiveness and their capacity to receive new patients. ACOs are among the many health care stakeholders that are grappling with the question of how to best serve the burgeoning population of […]
Palliative care packs a small but meaningful punch in the value-based payment arena. But to successfully negotiate value-based contracts, hospices will need to educate payers about the value of palliative care, according to J. Cameron Muir, M.D., chief innovation officer of the National Partnership for Healthcare and Hospice Innovation (NPHI). Specifically, providers can help orient […]
CVS Health Corporation (NYSE: CVS) subsidiary Aetna has selected Ohio’s Hospice and Pure Healthcare as part of the insurance company’s hospice and palliative care preferred provider network for Value-Based Insurance Design (VBID) in the Buckeye State. Admission to the network means that Aetna will also cover a range of benefits for Ohio’s Hospice and Pure […]
For better or worse, value-based care may be the most influential concept in 21st Century health care. And with the advent of new payment models, hospices are no longer on the outside of those programs looking in. While value-based care has sound underlying principles — improving quality and lowering costs — stakeholders often discuss these […]
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.
