Hospice News November 6, 2020
Many hospices have honed in on community-based palliative care as essential to their growth and particularly to their success within value-based programs. Negotiating in a new payment arena will be key to developing a successful palliative care model as fragmented lines of care entwine.
Palliative care has been expanding in the hospice space. Roughly half of community-based palliative care providers in the United States are hospices, according to the Center to Advance Palliative Care (CAPC). Set to take effect in January 2021, the value-based insurance design (VBID) payment model demonstration project allowing Medicare Advantage plans to carve in hospice has created a financial draw for providers to delve deeper into the palliative care realm. Also coming in 2021 are the...