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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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3 Reasons Continuous Home Care Utilization is Falling

Hospice News

Utilization continuous home care has dropped precipitously during the past decade, with labor pressures, regulatory scrutiny and billing challenges as contributing factors. Continuous home care (CHC) represented 0.9% and the hospice provides continuous in-home care until 4 a.m.,

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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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JVs a Major Growth Engine for Hospices in 2024

Hospice News

Moving into 2024, more hospices see joint ventures or similar partnerships to be a major growth engine. Nearly half of 143 respondents to Hospice News’ 2024 Outlook Survey , conducted with Homecare Homebase, said that joint ventures and partnerships were the growth tactics they planned to pursue the most this year.

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CMS Finalizes 3.1% Hospice Payment Update for 2024, But Industry Stakeholders Fear It Falls Short

Hospice News

Centers for Medicare & Medicaid Services (CMS) is giving hospices a 3.1% increase to their per diem payments for 2024, according to a final rule published Friday. That will translate to a $780 million bump to hospice payments next year compared to Fiscal Year 2023, according to CMS. for next year, up from $32,486.92

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How the Hospice Care Index Can Help Shape an Operator’s Future

Hospice News

Strong performance on the Hospice Care Index is becoming increasingly essential to securing payer and referral contracts and will be a key consideration in the federal government’s forthcoming Special Focus Program (SFP). The Hospice Care Index can be a referral driver. CMS finalized the Jan.

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Program Integrity, Health Equity, Workforce Pressures Top of Mind for Hospice Leaders in 2024

Hospice News

This year has brought both tumultuous challenges and evolving opportunities for hospices that will steer hospice leadership during 2024. Hospice News spoke with a group of industry leaders about the most impactful forces that will shape the space in the coming year. Hospice care reduces Medicare expenditures by about $3.5

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