Hospice inpatient centers have proliferated since the U.S. Centers for Medicare & Medicaid Services (CMS) rebased payment rates in 2020. While reimbursement increases can foster growth, a convergence of factors complicate providers’ ability to balance a healthy margin with the expanded access to care. The 2020 rebasing instituted a 2.7% payment increase in payments for […]
The majority of hospice patients are seniors by far, but providers are recognizing and responding to a growing need for pediatric services. As more families learn about the nature of hospice — and as more health care moves into the home setting — demand is escalating. This presents both an opportunity and a challenge for […]
Many hospices have honed in on community-based palliative care as essential to their growth and particularly to their success within value-based programs. Negotiating in a new payment arena will be key to developing a successful palliative care model as fragmented lines of care entwine. Palliative care has been expanding in the hospice space. Roughly half […]
Hospices provide 50% of the community-based palliative care delivered in the United States, but many find it challenging to make their programs profitable or break even, often relying on philanthropy to support their efforts. However, some organizations are implementing innovative models and developing payer relationships that can turn that trend around. Interest in palliative care […]
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