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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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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 31, 2021, according to a new CMMI white paper. To date, the U.S.

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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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Top Lawmakers for Hospices to Watch in 2024

Hospice News

You’ve got good staff on both sides [of the political parties] who we’ve had good conversations with,” Larry Atkins, chief policy officer for the National Partnership for Healthcare and Hospice Innovation (NPHI, told Hospice News. We are severely concerned with the direction that CMS has taken on this program. Beth Van Duyne Rep.

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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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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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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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