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Palliative Care, ACO Collaborations Fuel ‘Historical Savings’ in MSSP Program

Hospice News

Centers for Medicare & Medicaid Services (CMS) recently announced that its Medicare Shared Savings Program (MSSP) yielded more than $2.1 billion in shared savings payments during the program’s 2022 to 2023 performance year, the highest dollar amount thus far, CMS reported. “We million patients annually.

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Leadership Transitions at 4 Hospice Providers

Hospice News

Bill is an icon in the industry and a staunch Medicare beneficiary advocate, always putting patients first and fighting for their rights and benefits. He was instrumental in the development of the Medicare Prospective Payment System (PPS), which emerged in home health reimbursement in 2000.

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5 Numbers that Shaped Hospice in 2022

Hospice News

Hospice leaders have kept their eyes on four key numbers as 2022 progressed: clinical capacity, length of stay, labor costs and utilization. The workforce shortage had an influence on each one of these indicators, making it perhaps the most significant, though unfortunate, hospice trend of 2022. Clinical capacity. Length of stay.

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U.S. Health Care Expenditures to Reach $7.1 Trillion by 2031; Hospice Spending to Double by 2032

Hospice News

annually between 2022 and 2031, reaching $7.1 Meanwhile, Medicare hospice spending is expected to more than double by 2032. Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6% ” In 2022, CMS paid $23.9 These data from the U.S.

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Heart to Heart Hospice Expands in Texas

Hospice News

Hospice utilization among Medicare decedents 52.23% in Texas in 2022, reported the National Alliance for Care at Home. “When medicine cannot provide a cure, hospice redefines hope in terms of a patient’s quality of life,” said Dr. Michael Bond, chief medical officer and national medical director for Heart to Heart.

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Contessa’s Lessons Learned on Risk-Based Palliative Care

Hospice News

Since at least 2022, Contessa has been pursuing palliative care reimbursement through Medicare Advantage. Earlier this year, the Amedisys subsidiary entered into its first full-risk Medicare Advantage contract to include palliative care with Blue Cross Blue Shield of Tennessee. million in Q3 2022.

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Primary-Palliative Care Model Improved Quality, Cost Savings

Hospice News

A recent study examined results of the company’s Total Care Model for patients enrolled in Medicare Advantage or Accountable Care Organization Realizing Equity, Access and Community Health (ACO REACH). In 2022, the company serviced more than 269,500 Medicare Advantage members and 89,000 Medicare fee-for-service beneficiaries.