Hospice News July 15, 2021
The learning curve for carving hospice into Medicare Advantage through the value-based insurance design model is a two-way street. While providers have had to learn how to work within a managed care environment and negotiate contracts with private payers, many Medicare Advantage health plans have a lot to learn about hospices.
For the past couple of years, hospice providers have braced for change in anticipation of the Center for Medicare & Medicaid Innovation’s value-based insurance design (VBID) demonstration, commonly called the Medicare Advantage hospice carve-in. The program represents an integrated care model that promotes coordination of services and provides incentives for quality and patient satisfaction.
Half a year into the program, hospice providers have discovered a need to educate the...