Hospice News August 3, 2021
The launch of the value-based insurance design demonstration (VBID) on Jan. 1 has opened up a new payment world to hospices. In addition to the opportunities they present, evolving payment models have brought a plethora of billing and operational challenges. In preparation, hospices have diversified their services, ramped up recruitment and retention efforts, and adapted to new billing processes.
Often called the Medicare Advantage hospice carve-in, the value-based insurance design (VBID) demonstration is one of the most disruptive things to happen to hospice since the establishment of the Medicare Hospice Benefit, according to Susan Ponder-Stansel, president and CEO of Florida-based Alivia Care. Ponder-Stansel recently sat down with Hospice News at the National Association for Home Care & Hospice (NAHC) Financial...
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