Empassion's Burke Wise spoke to Hospice News at the ELEVATE conference about changes needed to the Medicare Hospice Benefit https://lnkd.in/eMHkZPGf
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Public and Government Affairs Professional | Attorney | Legislative and Regulatory Policy Advocate | Educator | Strategist | Coalition Builder
In 2000, one-third of all hospice agencies were non-profit. Today, 75% of all agencies are for-profit. It’s reported that well-managed non-profit hospice agencies yield an annual profit margin of about 5%-to-6% while for-profit public or private equity agencies yield about 18%-to-22% percent profits. The for-profit-dominated industry has been the subject of recent investigations and exposés questioning quality standards and financial practices that undermine hospice integrity. NYS has maintained appropriate guardrails through its CON process. The state’s only two for-profit hospices have a history of excellent care. Changes to the CON methodology need to be carefully considered or we risk exposing our end-of-life care providers, patients, families, and communities to bad actors.
PANEL MEMBERS SAY MEDICARE HOSPICE IS “EXPLODING IN SIZE BUT RIDDLED WITH QUALITY CONCERNS. #chapca #hospice
Medicare Hospice - Exploding in Size But Riddled with Quality Concerns
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While many agree that the CMS Hospice Benefit needs to change, few agree on what that change should look like. The changing diagnostic mix, length of stay controversies, and the need to modernize the benefit all call for change. Possible updates include changing the 6-month prognosis requirement, applying hospice to the larger patient population, redefining GIP, and challenging the incentives to minimize services. Now may be the time for our field's best thinkers to start a conversation. Hospice Leaders: Change Must Come to the Medicare Benefit - Hospice News https://okt.to/5Cbz9u
Hospice Leaders: Change Must Come to the Medicare Benefit
https://hospicenews.com
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Community Health Educator and Business Development Liaison for Hopestone Hospice in Rural East Texas Regional Serving Huntsville Trinity Woodville Livingston & Cleveland Texas Areas
Lengthier hospice stays of over six (6) months showed the highest savings through Medicare upwards of 11%! With Palliative Care growing and earlier conversations, more patients are choosing Hospice sooner over aggressive measures - I'm glad regulators are looking into the future "modernization" of the parameters to be able to serve the communities better. Great read!! “This study confirms that hospice care adds value to patients, family members, and caregivers by increasing satisfaction and quality of life, improving pain control, and reducing both physical and emotional distress in patients and prolonged grief and other emotional distress in their family and caregivers,” - NHPCO Hospice and Palliative Care Organization #Hospice #Medicare #PalliativeCare #HospiceNews
This new Hospice News article explores a study published in March revealing that hospice saved Medicare roughly $3.5 billion for patients in the last year of life, a 3.1% reduction. "Earlier enrollment in hospice reduces Medicare spending even further,” shared an NHPCO representative. In addition to cost savings, “[the] study [also] confirms that hospice care adds value to patients, family members, and caregivers by increasing satisfaction and quality of life, improving pain control, and reducing both physical and emotional distress in patients and prolonged grief and other emotional distress in their family and caregivers.” Learn more in the full story: https://lnkd.in/gTEV5JdA #HospiceWorks
Key Research Trends: Long Hospice Stays, Palliative Care Save Medicare Dollars
https://hospicenews.com
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Founder & CEO, RAEG | Head of Growth, Perkin Industries | People Centric Leadership | Business Growth and Development | Focused on Investing, Entrepreneurship, and Value Creation
Recent research reveals hospice saved Medicare $3.5B in the last year of life, with stays exceeding six months generating 11% savings. As industry stakeholders push for hospice benefit modernization, education on end-of-life care options can lead to earlier hospice enrollment, reducing costly medical interventions. Diversified service lines, such as palliative care programs, can boost hospice enrollment, improving patient satisfaction and reducing costs. Data-driven strategies hold the key to hospice success amid evolving healthcare landscape. #HospiceCare #DataManagement #PalliativeCare
This new Hospice News article explores a study published in March revealing that hospice saved Medicare roughly $3.5 billion for patients in the last year of life, a 3.1% reduction. "Earlier enrollment in hospice reduces Medicare spending even further,” shared an NHPCO representative. In addition to cost savings, “[the] study [also] confirms that hospice care adds value to patients, family members, and caregivers by increasing satisfaction and quality of life, improving pain control, and reducing both physical and emotional distress in patients and prolonged grief and other emotional distress in their family and caregivers.” Learn more in the full story: https://lnkd.in/gTEV5JdA #HospiceWorks
Key Research Trends: Long Hospice Stays, Palliative Care Save Medicare Dollars
https://hospicenews.com
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“This study confirms that hospice care adds value to patients, family members, and caregivers by increasing satisfaction and quality of life, improving pain control, and reducing both physical and emotional distress in patients and prolonged grief and other emotional distress in their family and caregivers.” Recommend reading this article, great read and states m at great facts about hospice.
This new Hospice News article explores a study published in March revealing that hospice saved Medicare roughly $3.5 billion for patients in the last year of life, a 3.1% reduction. "Earlier enrollment in hospice reduces Medicare spending even further,” shared an NHPCO representative. In addition to cost savings, “[the] study [also] confirms that hospice care adds value to patients, family members, and caregivers by increasing satisfaction and quality of life, improving pain control, and reducing both physical and emotional distress in patients and prolonged grief and other emotional distress in their family and caregivers.” Learn more in the full story: https://lnkd.in/gTEV5JdA #HospiceWorks
Key Research Trends: Long Hospice Stays, Palliative Care Save Medicare Dollars
https://hospicenews.com
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Senior Medical Director @ VITAS Healthcare | Hospice Care, Palliative Care Board Certified in : Internal Medicine Palliative Care-Hospice Addiction Medicine
Quality improvement in the hospice benefit; great advantages of hospice Medicare benefits; more patient choices
CMS May Be Mulling Changes to the Hospice Benefit
https://hospicenews.com
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While many agree that the CMS Hospice Benefit needs to change, few agree on what that change should look like. The changing diagnostic mix, length of stay controversies, and the need to modernize the benefit all call for change. Possible updates include changing the 6-month prognosis requirement, applying hospice to the larger patient population, redefining GIP, and challenging the incentives to minimize services. Now may be the time for our field's best thinkers to start a conversation. Hospice Leaders: Change Must Come to the Medicare Benefit - Hospice News https://okt.to/B7mAM6
Hospice Leaders: Change Must Come to the Medicare Benefit
https://hospicenews.com
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My book published by Manhattan Book Group in NYC is about my experience working for an investor-owned hospice and the subsequent harm to patients, their families, and staff. “Surviving Hospice: A Chaplain’s Journey Into the Business of Dying” exposes the negligence and indifference toward patients and staff by my former company (acquired by the equity owners of Compassus Hospice in 2015), and their foray into illegal activity. No one is holding greedy hospice owners & executives liable for false advertising and the subpar delivery of care. It’s business-as-usual no matter what the headlines scream. It’s disheartening to see what the gaming-the-system opportunists are getting away with—using the elderly and the dying to generate personal wealth. In their eyes, the elderly and dying have no more value than the other manufactured products in their business portfolios. The tsunami of the elderly and dying are big money-makers. Perhaps too many hospice “guardians” are slyly benefiting from the gravy train as well, because not much is moving the needle toward improvement. In the book, “Changing The Way We Die,” by journalists Himmel and Smith (2013), the exploitation of hospice by investors was first exposed. But here we are—2024, and the hijacking of hospice care continues. The first corporate hospice was founded by a minister in 1984 . . . VITAS. It is one of the largest national providers today. Guess who was the major investor of VITAS when the minister cashed out in 2004 with $200 million in his wallet? ROTO-ROOTER. THE PLUMBING BUSINESS with the catchy jingle. However, Chemed Corp. is actually listed as their parent company and publicly trades on the NYSE (under the symbol CHE), because it doesn’t conjure visions of “clogged drains.” My love for hospice care that Saunders introduced at Yale in 1964, also helps me to see its darker side. Transparency is crucial, even if the hospice image gets a black eye in the process. We can recover from a black eye, but not from falling too far—actually losing the benefit. And the consistently negative headlines and reports only tarnish the excellent work done by the noble providers. We must remove hospice care from back alleys to shield it from those who lurk with ignoble intent. Also, we need to screen prospective owners before new start-ups. The primary investor of Hospice Advantage in 2012, was Sentinel Capital Partners. Supposedly, sentinels are tasked with guarding what is vulnerable and precious. But, THE FIRM wasn’t in it to protect our patients; it was hired to make money for our corporate office and safeguard the investments of their own clients. Whoever got in the way of diminishing their profits was fired, harassed, or threatened. The office culture became more and more oppressive during that period. I tell stories of how the palliative care of patients was jeopardized by the financial goals of investors. Amazon Bestseller. Sold at Barnes & Noble. My website:www.hospicehelppro.com.
PANEL MEMBERS SAY MEDICARE HOSPICE IS “EXPLODING IN SIZE BUT RIDDLED WITH QUALITY CONCERNS. #chapca #hospice
Medicare Hospice - Exploding in Size But Riddled with Quality Concerns
ldi.upenn.edu
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CEO @ Ceresti Health | Caregiver-Enabled Dementia Care | No-risk shared savings model for ACOs | GUIDE model
Great article detailing how Palliative Care providers can participate in the #GUIDEModel. Thanks for posting this Edo Banach #dementiacare #familycaregivers
https://lnkd.in/eGNj-3TC Thanks Hospice News for recognizing the crucial role that #palliative care providers will play in the new Centers for Medicare & Medicaid Services #GUIDEModel. Manatt Health
Where Palliative Care Fits into CMMI’s GUIDE Model for Dementia Care
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Communications & Marketing Leader | Amplifying Impactful Narratives | Driving Outcomes | Fueling Demand Generation [20.7K+ micro-influencers]
In this article co-authored by William A. Dombi, President and CEO of the National Association for Home Care & Hospice, and Ben Marcantonio, Interim CEO of the National Hospice and Palliative Care Organization, they address the need to change how we approach end-of-life care in the United States. They argue that by shifting our conversations to focus on maximizing quality of life and time spent with loved ones, we can improve care and reduce wasteful spending. Data from the Centers for Medicare & Medicaid Services (CMS) shows that the average cost of a Medicare hospital stay has risen significantly, contributing to the projected insolvency facing Medicare’s Hospital Trust Fund by 2031. Advocates and researchers suggest that earlier entry into hospice care could improve quality of life and reduce wasteful spending on unnecessary medical interventions. A study from NORC at the University of Chicago found that Medicare spending for beneficiaries who received hospice care was significantly lower compared to those who did not, even when patients were in hospice for longer periods. By encouraging conversations about end-of-life care and values, we can support patients' desires for a dignified end-of-life journey while also saving money in the healthcare system. #EndOfLifeCare #Medicare #HospiceCare Bill Dombi Bill Dombi https://lnkd.in/gSQZ5m8D
A healthcare option that saves money — and much more
msn.com
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