Hospice News June 5, 2020
Hospice providers have increasingly adopted predictive analytic systems to identify patients in need of their services further upstream in their disease trajectory, as well as to demonstrate their value to payers and referral partners, including Medicare Advantage plans. The U.S. Centers for Medicare & Medicaid Services (CMS) will begin allowing hospices to participate in Medicare Advantage in 2021 with the value-based insurance design demonstration project.
Hospices have progressively leveraged predictive analytics to reach patients earlier. These emerging technologies have given providers tools to better analyze the data they collect through routine visits such as blood pressure, weight, heart rate, blood sugar and oxygen levels. These predictive monitoring tools can help hospices remain competitive in a crowded market.
“Predictive models attempt...