As hospices prepare for Medicare Advantage, more nonprofits are finding that creating partnerships or entering affiliations will better position themselves for payer negotiations. Nonprofit hospice affiliations have surged in 2022 and 2023. This is in addition to the creation of several regional collaborative networks and the formation of new Accountable Care Organizations (ACOs). The gradual […]
Recognition of palliative care’s value has been steadily gaining among stakeholders in the form of improved patient outcomes and cost savings through reduced hospitalizations. But despite the upswing in profile, insurance coverage and payment for palliative services remain difficult to come by. Traditional Medicare only covers physician consults and doesn’t support the full range of […]
Nonprofit hospices are increasingly banding together in varying types of collaboratives to create workforce, operational and cost-effective synergies. As this trend picks up steam, hospices will need to fine-tune the details of these affiliations and choose partners carefully. Collaborations allow hospices to share best practices, quality initiatives, staff education and volunteer resources, as well as […]
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