Hospice News October 22, 2019
Ensuring that patients avoid unnecessary hospitalizations will be a key value proposition for hospice and palliative care providers, particularly when working within value-based payment models such as the forthcoming Medicare Advantage hospice carve-in in 2021 and the U.S. Centers for Medicare & Medicaid Services’ new Primary Cares Initiative, set to begin in 2020.
These emerging payment models incentivize cost reductions through the avoidance of preventable hospitalizations.
“The overall goal will be keeping people out of the hospital, whether you talk about value-based purchasing or any kind of new payment reform. I think if the industry stays focused on how do we prevent people from having an experience of hospitalization, the market will always rewards the lowest-cost, high-quality provider,” said...
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