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U.S. Health Care Expenditures to Reach $7.1 Trillion by 2031; Hospice Spending to Double by 2032

Hospice News

Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6% of the nation’s gross domestic product by the end of that time frame, up from slightly more than 18% in 2021. The report, published today in Health Affairs , did not contain hospice-specific data.

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Hospice Length of Stay: Balancing Patient Needs Against Regulatory Compliance

Hospice News

However, those numbers fell by nearly five days in 2021 to 92.1, Recent data show that hospice stays of six months or longer can reduce health care costs in a patient’s last 12 months by as much as 11%. Regardless of length of stay, hospice care saves Medicare roughly $3.5 days during the same period in 2021.

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Hosparus Applies for PACE License, Expands Hospital Partnerships

Hospice News

Before coming to Hosparus in 2021, Cook led an organization in North Carolina that offered both hospice and PACE. I was interested in PACE services just because of the similarity that it has to hospice care and the need that it fills, often for some of the poor folks in a community.

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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

The clearest example of how this works was the 2020 rebasing of payments for the four levels of hospice care. CMS that year reduced routine home care (RHC) rates by 2.7% and increased amounts for continuous home care, general inpatient care, and inpatient respite care by the same percentage.

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Two CEOs Retire, Three Hospice Leadership Teams Grow

Hospice News

The organization has grown its patient census and geographic reach under Whitaker’s leadership, citing a “234% increase” in the number of patients accessing care across all of its service lines in the announcement, as well as expanded services into four new counties. the previous year – both California-based.

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How Hospice, Behavioral Health May Cross Paths

Hospice News

Hospice and behavioral health care could increasingly intersect in coming years as demand for specialized care grows. But the prevalence of mental health conditions and related concerns like isolation and substance abuse mean that hospice and behavioral health providers may need to find more ways to integrate their services.

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

Through that program, we believe that we’ll have a much greater usage percentage for our patients to be able to access us.” – Jim Palazzo, CEO, Transitions Care “I was interested in PACE services just because of the similarity that it has to hospice care and the need that it fills, often for some of the poor folks in a community.

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