Elea Institute Seeks to ‘Reimagine’ the Medicare Hospice Benefit
Hospice News December 11, 2024
The Chicago-based Elea Institute is seeking to improve public awareness of hospice and palliative care as well as convene discussions about ways to rethink the Medicare benefit.
Elea is a nonprofit foundation established with funds from Addus HomeCare Corp’s (NASDAQ: ADUS) $85 million acquisition of the Illinois-based nonprofit JourneyCare last month. A portion of the proceeds of the sale went to establish the institute, funds that are expected to fund its programs into the long term.
The organization is focused on three key domains, according to Kent Mathy, chair of Elea Institute’s board of directors.
“We boiled it down to three major areas. One is access to hospice and palliative care and serious illness care, then education and awareness. There’s...