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We know that hospicecare has demonstrated $3.5 billion in annual savings for Medicare, which underscores the critical importance of investing in hospice to ensure continued beneficiary access to quality end-of-lifecare.” Hospicecare saves Medicare roughly $3.5
Having a window into priorities such as career development and work-life balance is a significant retention factor for the Dallas-based home health and hospicecompany, Marion indicated. The North Carolina-based organization offers home infusion services, along with homecare and hospice.
This strategy allows companies to create more longitudinal relationships with patients, potentially long before they need hospice. A provider’s upstream business lines can also become a referral source for their end–of–lifecare services. Currently, 80% of our revenues are home health.
Developing an inpatient hospice center has been part of Oasis’ “vision” since the beginning, according to Oasis CEO Sade Bello and Hakeem Bello, director of business development. The faith-based hospicecompany received Medicare certification in 2015 and primarily serves an urban region around the Chicago area.
The organizations penned a joint letter to CMS in November urging for increased oversight to help curb hospice frauds, including the National Association for HomeCare & Hospice (NAHC), National Hospice and Palliative Care Organization (NHPCO), National Partnership for Healthcare and Hospice Innovation (NPHI) and LeadingAge.
“If you think about how they’ve taken on strains in their capacity, these post-acute services – home health and hospice – they can get patients out of very expensive settings,” Klementz told Hospice News at the HomeCare 100 Conference.
Providing end-of-lifecare in a state without CON policies in place can bring its own challenges, according to Eddie Belluomini, COO of 1Care Hospice & 1Care Kids. The hospice and palliative provider launched services in the Las Vegas region in 2020.
Providers who manipulate the Medicare benefit solely to profit at the expense of their patients have no place in the hospice program,” said NPHI CEO Tom Koutsoumpas.
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