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Key Palliative Care Trends to Watch in 2024

Hospice News

Palliative care is an evolving field. Though long-established as a medical specialty, these health care services have yet to reach their full potential due to reimbursement pressures, poor awareness and staffing headwinds. Rising demand In 2024, demand will continue to rise, driven by a number of factors.

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CMS to Sunset Hospice VBID in 2024

Hospice News

Centers for Medicare & Medicaid Services will end the hospice component of the value-based insurance design model (VBID) as of Dec. Often called the “hospice carve-in,” the program was designed to test coverage of hospice care through Medicare Advantage, in addition to some coverage of palliative care and transitional care.

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Hospice Oversight: 2024’s Most Impactful Regulatory Actions

Hospice News

Some individuals also hold management positions at several of these hospices simultaneously. The Hospice Special Focus Program Finalized in the U.S. Centers for Medicare & Medicaid Services’ (CMS) 2024 home health rule, the SFP is set for 2025 implementation. Chief among these is the so-called 36-month rule.

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Hospice Investors to Watch in 2024

Hospice News

Though the number of hospice M&A deals plummeted in 2023 compared to prior years, deals are still being made, and the industry may see a rebound in 2024. Transaction volume declined in the hospice and home-based care space in 2023, following the two record-breaking prior years. NYSE: HUM) for $2.8

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Top Lawmakers for Hospices to Watch in 2024

Hospice News

Hospice providers will be looking to Congress in 2024 to address issues related to program integrity, quality improvement and industry-wide workforce pressures. As legislative efforts develop, hospices may want to focus their attention on a few key legislators.

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Hospices’ 2024 Public Policy Priorities 

Hospice News

Hospices have been advocating for lawmakers and regulators to take action on curbing fraud, supporting veterans and bolstering the health care workforce. Earl Blumenaur (D-Oregon) is in the process of drafting legislation designed to tackle the fraud issue as well as improve the quality of hospice care.

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Health Plan Participation in Hospice VBID to Shrink in 2024

Hospice News

Health plan participation in the hospice component of the value-based insurance design model (VBID) will fall in 2024. For calendar year 2024, 13 Medicare Advantage Organizations (MAOs) will participate in the program’s hospice component, providing coverage through 78 health plans in 19 states. million in 2023.

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