Hospice News June 18, 2024
As value-based reimbursement expands, palliative care will become increasingly important when it comes to improving outcomes and reducing costs.
Primarily, Medicare reimburses for palliative care through fee-for-service payment programs that cover physician and licensed independent practitioner services. However, this model is not designed to fully support an interdisciplinary approach involving physicians, nurses, social workers, chaplains and other professionals, making sustainability a challenge.
However, the profile of palliative care will likely rise in coming years as the health care system evolves towards outcomes-based payment with an emphasis on cost savings. Already, a growing range of health care providers are investing in those services, including hospices, home health agencies, health systems, primary care and other providers.
“Providers in the past seven years...
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