Hospice News September 11, 2024
Interest has mounted in the palliative care arena, but building and sustaining these services requires stronger reimbursement and workforce resources.
The palliative care space is gaining momentum, despite large challenges tied to staffing and reimbursement strains, according to Mark Kulik, senior managing director of the advisory firm The Braff Group.
Palliative care is becoming an increasingly prevalent part of the care continuum, with payers, providers and investors recognizing the potential for these services to improve quality outcomes and reduce costs, he stated. But insufficient payment pathways represent a large hurdle for palliative care’s growth potential, Kulik said.
“If palliative care is a common provision of services in the marketplace, then the investor world is definitely looking at that,” Kulik told...
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