Hospice News May 22, 2024
A transition from fee-for-service to value-based payment models could help palliative care providers boost recruitment and retention.
Providers walk a tightrope when it comes to ensuring that their palliative care services are financially sustainable, including the ability to attract and compensate staff at competitive rates. In today’s predominant reimbursement structure, palliative care programs are often loss leaders.
But moving away from fee-for-service towards value-based payment could make a difference when it comes to hiring and retention, according to Dr. Jennifer Blechman, palliative care medical director at the Oregon-based nonprofit Partners in Care.
“Palliative care traditionally loses money. The value in palliative care is cost savings. We lose money on the palliative care side, but we gain money in other departments....
Today's Sponsors
Today's Sponsor