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Keys to Negotiating ACO Palliative Care Contracts
By Molly Bookner| July 22, 2024Accountable Care Organizations (ACOs) are key for scaling palliative care through value-based models. Hospices and palliative care providers can collaborate with ACOs by becoming members of those organizations themselves, or by contracting with them through a preferred provider network. These arrangements allow for the negotiation of mutually beneficial terms that are tailored to the needs […]
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Hawaii this summer is poised to roll out palliative care coverage via Medicaid. In May, a State Plan Amendment (SPA) that allows coverage of palliative care through Med-QUEST, the state’s Medicaid program, was approved by the U.S. Centers for Medicare & Medicaid Services (CMS). While more than 15 states have established Medicaid palliative programs, Hawaii […]
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Palliative care provider Tuesday Health has penned an agreement with the Medicare Advantage organization CareSource to offer services to its beneficiaries. Tuesday Health’s supportive care services operate on hybrid in-person and virtual models, according to Dr. Mihir Kamdar, head of care delivery of Tuesday Health. Nurses and advanced practice practitioners (APPs) provide clinical care to […]
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Palliative Provider Thyme Care Secures $95M in Funding Round
By Jim Parker| July 17, 2024The oncology-focused value-based enabler Thyme Care has completed a $95 million funding round that includes $55 million in equity funding. The company offers palliative care in addition to other services. In May, Thyme Care launched a new palliative care telehealth offering, branded as Enhanced Supportive Care. Thyme Care will use the new infusion of investment […]
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Health care providers seeking to launch a palliative care program must navigate a tangled web of state licensing requirements. Without a national reimbursement model, palliative care companies are caught in a patchwork of systems that vary among the states. Each has its own standards for patient eligibility, licensing and clinical staffing. For hospices in particular […]
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The California Department of Corrections & Rehabilitation’s Medical Facility (CMF) has launched a new palliative spiritual care training program aimed at improving services for incarcerated individuals. The new two-week spiritual training program was recently provided to palliative care service workers and volunteers to assist CMF’s clinical and nursing staff caring for patients at the facility’s […]
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Palliative approaches can help address gaps of care among patients with a diverse range of rare chronic and serious illnesses. Rare diseases include a broad spectrum of illnesses experienced by a smaller proportion of the general population. Although uncommon, the severity of symptoms and increased mortality risks associated with rare diseases is fueling greater demand […]
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The home-based care provider HarmonyCares has secured $200 million in a new funding round. HarmonyCares offers palliative care, home-based primary care, home health, hospice, radiology and other services to more than 70,000 patients in 15 states through value-based partnerships with Medicare Advantage plans and Accountable Care Organizations. “There is an urgent need to expand access […]
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The U.S. Centers for Medicare & Medicaid Services’ (CMS) has launched the Guiding an Improved Dementia Experience (GUIDE) payment model with close to 400 participating organizations, including many palliative care providers. The CMS Innovation Center announced the GUIDE demonstration in July 2023. The payment model is designed to improve quality of life for dementia patients […]
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With increasing need for programs that aid caregivers, RUSH University Medical Center’s Caring for Caregivers (C4C) program assists families and friends who care for adults 60-years and older in their homes. C4C is part of a nationwide effort to support the more than 55 million Americans (about 21% of the U.S. population) who provide care […]