Evolving value-based payment models can promote system integration of palliative care, posing risks and opportunities for participating hospice providers. Hospices will need to be proactive in building relationships with payer networks to reap the full benefits of these programs. A growing number of hospices have been diversifying their services to engage patients further upstream and […]
Technology firm Acclivity Health has launched a new system to coordinate clinical care and support resources for seriously ill patients, initially in 38 states. The Connected Community Interoperability Framework includes a network of corporate and organizational partners that includes tech companies Axxess, Muse Healthcare and MatrixCare, as well as the National Hospice & Palliative Care […]
Change is coming for hospices in 2021 as the industry starts to shift towards value-based payment models, including the Primary Care First initiative. As the implementation dates for these programs approach, hospices need to identify the value proposition and revenue potential for each of the models that will fall under the auspices of that program. […]
Health care technology firm Acclivity Health Solutions has designed a program to help hospice and palliative care providers prepare themselves for participation in the Primary Care First Serious Illness Population (SIP) payment model. The U.S. Centers for Medicare & Medicaid Services (CMS) unveiled the Primary Care First program in April 2019 and plans to implement […]
Hospice providers that participate in the Primary Care First initiative’s Seriously Ill Population Model could see gross margins in excess of 20% to 25%, according to experts in health care payment models. The U.S. Centers for Medicare & Medicaid Services (CMS) in April announced that they would implement Primary Care First in phases beginning in […]
Ongoing workforce shortages in the hospice space are expected to worsen, with Florida taking the biggest hit due to the size of its population older than 65. The number of hospice and palliative care physicians and members of other disciplines will drop precipitously during the next two decades, largely due to retirements and staff leaving […]
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