Hospice News June 4, 2021
To move hospice beyond the confines of the Medicare Hospice Benefit, Centers for Medicare and Medicaid Services (CMS) launched new value-based care models, such as the Medicare Advantage hospice carve-in and Primary Care First. Some providers are also seeking relationships with Accountable Care Organizations (ACOs).
These changes bring hospice providers into a brave new world of value-based care, changing the way hospices do business.
Success in these models means that hospices have to contract for their services and determine their rates for managing a population of patients. Building a payer network is a new discipline for hospice providers, one that brings risk — and great wins.
Here are four steps hospice providers must take to build these payer networks.
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