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Hospice VBID: Understanding the 2023 Program Modifications

Hospice News

1, 2023, meaning that some of the program’s rules will change. Centers for Medicare & Medicaid Services (CMS) has indicated that hospices should ensure that their billing staff is familiar with the 2023 modifications. Numbers from the program’s first year offer few clues for the 2023 landscape. We need to be in-network.”.

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Why SCAN Health Plan Will Enter Hospice VBID in 2023

Hospice News

SCAN Health Plan is among the Medicare Advantage (MA) payers entering the hospice component of the value-based insurance design (VBID) payment demonstration in 2023. Geographically, the program will be available in 806 counties in 24 states in 2023, up from 461 this year. Hospice VBID enters its third year in 2023.

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CMS Extends Hospice VBID Through 2030

Hospice News

In 2023, the number of MA plans will swell to 3,998, up 6% from 2022. While some hospice leaders question the value of the program, others have greeted the demo with more enthusiasm. The agency is also releasing applications for participation for eligible Medicare Advantage organizations (MAOs) for calendar year 2024. carve-in. “I

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Payer Partnerships ‘Critical’ in VBID: Ohio’s Hospice, Pure Healthcare Contract with Aetna

Hospice News

Also, as the demo progresses, the rules governing how plans manage those networks will change. Thus, organizations like Ohio’s Hospice and Pure Healthcare gain an advantage by forging these contracts before the CMS network adequacy standards change in 2023. .

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CMS to Sunset Hospice VBID in 2024

Hospice News

This is down from 2023, when 15 MAOs participated with 119 health plans in 23 states. For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) are participating in the hospice component, providing coverage through 78 health plans in 19 states. While CMS did not give further details behind its decision to end the program.

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Payers to Hospices: Don’t Wait to Start Working with MA Plans

Hospice News

Originally slated to end in 2024, CMS recently extended the hospice component of the value-based insurance design model (VBID) to 2023. Certain aspects of the MA carve-in are designed to change from year to year , and CMS has released few details on how the program will evolve during the extension years through 2023.

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4 Key Trends for Hospices to Watch in 2024

Hospice News

Meanwhile, providers are also rolling with the ups-and-downs of a market ripe for further consolidation after 2023’s M&A slump as workforce headwinds persist. While some hospice companies reported hiring and capacity gains in 2023, often driven by bonus programs, the problem persists for many providers.

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