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CMS Extends Hospice VBID Through 2030

Hospice News

Centers for Medicare & Medicaid Services (CMS) is extending the value-based insurance design demonstration for calendar years 2025 to 2030, including the hospice component. The agency is also releasing applications for participation for eligible Medicare Advantage organizations (MAOs) for calendar year 2024. It makes sense.

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Hospice Market to Nearly Double by 2030; Palliative Care to See Large Gains

Hospice News

billion by 2030, a rise from $34.5 The Center for Medicare & Medicaid Innovation is currently testing coverage of hospice care through Medicare Advantage with the Value-Based Insurance Design (VBID) program. Often called the Medicare Advantage hospice carve-in, the program is reaching the close of its second year.

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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 As of January 2024, roughly 480 ACOs are participating in MSSP, which include more than 608,000 clinicians who provide care to nearly 11 million Medicare beneficiaries.

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How Hospices Can Leverage Palliative Care to ‘Stay Relevant’ in Value-Based Care

Hospice News

Centers for Medicare & Medicaid Services is working to ensure that 100% of Medicare beneficiaries are aligned with a risk-based payment model by 2030. This can include Medicare Advantage and Accountable Care Organization (ACOs) programs. 31, Schramm said.

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Key Palliative Care Trends to Watch in 2024

Hospice News

Fee-for-service Medicare, for example, only covers physician and licensed independent practitioner services and does not cover the full range of interdisciplinary palliative care. Palliative care is an evolving field. Rising demand In 2024, demand will continue to rise, driven by a number of factors.

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Unity Hospice and Palliative Care Joins Northwestern Medicine’s Post-Acute Network

Hospice News

By 2030, the department projects that seniors will represent 25% of the Illinois population, about 3.6 More than 57,000 people in Illinois elected the Medicare Hospice Benefit in 2021, according to the U.S. Centers for Medicare & Medicaid Services. Since 2000, the Illinois senior population has grown to 2.8 million people.

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How CMS Proposed ACO Advance Payment Policies Could Impact Palliative Care

Hospice News

Centers for Medicare & Medicaid Services (CMS) has proposed a new avenue of funding for Accountable Care Organizations (ACOs) with implications for palliative care providers. The Center for Medicare & Medicaid Innovation (CMMI) announced the new payment demonstration in March. million assigned beneficiaries, according to CMS.