Hospice News April 12, 2023
The next generation of hospice CEOs will need to be data-savvy to succeed.
Data is more crucial to hospice businesses than ever before when it comes to payer and referral partner contracting, compliance and building their census. In negotiations with Medicare Advantage plans, for instance, hospice and palliative care providers will need to demonstrate their performance in terms of star ratings, other quality metrics and reduced hospitalizations.
But even outside of new payment models, upstream providers are looking more closely at the numbers when selecting hospice partners.
These factors mean that hospice leaders will need a strong grasp on data collection and analysis, according to Bill Dombi, president of the National Association for Home Care & Hospice (NAHC).
“As...