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

Hospice News

CVS Health Corporation (NYSE: CVS) subsidiary Aetna has selected Ohio’s Hospice and Pure Healthcare as part of the insurance company’s hospice and palliative care preferred provider network for Value-Based Insurance Design (VBID) in the Buckeye State. “This would allow for greater flexibility than the current Medicare model provides.”

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Hospice’s Post-VBID Value-Based Outlook

Hospice News

Hospices will need a strong value-based payment negotiation strategy to prepare for the unknowns that lie ahead, according to Melinda Gaboury, co-owner and CEO of Healthcare Provider Solutions Inc., a hospice and home care consulting company. You need to be at the table with Medicare Advantage plan negotiations and make yourself known.

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Big data: How does it affect my home care agency?

AlayaCare

One of the most used technology buzzword affecting the healthcare industry today is “Big Data.” Big data is being talked about more and is all the rage in the technology world, but what does it mean for home healthcare? If you haven’t implemented a home care software solution, research the AlayaCare platform in a demo.

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CMMI Working on Payment Models That Include Palliative Care

Hospice News

I’m optimistic that we see some progress and potential closure on the formalization of a community-based palliative care demo,” Nick Westfall, CEO of Chemed (NYSE: CHEM) subsidiary VITAS Healthcare, told Hospice News earlier this year. “As

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

Hospice News

About A total of 9,630 VBID beneficiaries received hospice care through the VBID demo in 2021, and 525 utilized the program’s supplemental benefits, according to a report from the RAND Corporation prepared for CMS. The program launched in 2021, coinciding with the height of the pandemic. Participation was small in year one.

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Key Trend for Hospices to Watch: Managed Care Becomes a Juggernaut

Hospice News

However, thus far, reactions to the demo have been mixed. From my perspective, I agree with the philosophy of value-based programs to optimize high quality and decrease health care costs,” Dr. Joseph Shega, executive vice president and chief medical officer for VITAS Healthcare, a subsidiary of Chemed Corp. NYSE: CHEM).

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Hospice CEOs: Action Needed on Staffing, Value-Based Care, Oversight

Hospice News

Turnover rates for registered hospice nurses reached 25.15% in 2022, according to the 2022-2023 Hospice Salary & Benefits Report , published by Hospital & Healthcare Compensation Service (HCS) in cooperation with the National Association for Home Care & Hospice (NAHC). Nurses also accounted for 16.97% of vacancies.

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