Hospice News May 1, 2024
The impending demise of the hospice component of U.S. Centers for Medicare & Medicaid Services’ value-based insurance design (VBID) model has largely been met with a sense of relief by providers as they plan new initiatives for palliative care in 2025.
Launched in 2017 by the Center for Medicare and Medicaid Innovation (CMMI), the VBID demonstration tested new approaches to reimbursement across a variety of health care settings. This included the addition of the hospice component in 2021, which was designed to test coverage of those services through Medicare Advantage.
CMMI extended the program through 2030, but recently announced that the hospice portion will end on December 31, 2024. A statement by CMS said increasing operational challenges, and limited and...
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