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Hospice Market to Nearly Double by 2030; Palliative Care to See Large Gains

Hospice News

Rising demand and demographic tailwinds are propelling rapid growth in both the hospice and palliative care markets. A large concern is whether there will be enough hospice and palliative care providers to keep pace with demand, according to Brian Tanquilut, equity analyst in health care services at investment banking company Jeffries LLC.

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Compassus, VNS Health Team Up to Manage End-of-Life Care for Medicare Advantage Payers

Hospice News

Compassus and VNS Health have formed a value-based collaboration aimed at improving access, awareness and quality of hospice and palliative care services. The two home-based care organizations are joining forces in a Medicare Advantage (MA) Value-Based Insurance Design (VBID) model partnership.

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Avera at Home Gets Personal with Kore Cares Joint Venture

Hospice News

South Dakota-based Avera@Home recently formed a joint venture with personal care provider Kore Cares in a move that grew its service line and geographic reach in the state. It had long partnered with Kore Cares before officially joining forces. It had long partnered with Kore Cares before officially joining forces.

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Voices: Josie Aquino, LMSW, ACC,  Director, Product Management, VNS Health

Hospice News

In this Voices article, Josie Aquino, Director, Product Management, VNS Health talks about how VNS Health is using data and analytics to improve end-of-life care. She explains why VNS is bullish toward concerns about a hospice carve-in, and she also shares an outlook on the VBID demonstration’s extension through 2030.

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Former VITAS Manager Becomes VP of Operations; Hawaii E.D. Doc Turns Hospice Medical Director

Hospice News

In addition to hospice, the nonprofit provider also offers palliative care and grief support. in 2018, according to the National Hospice and Palliative Care Organization. Though utilization runs low compared to other states, the need for hospice care is high in Hawaii. Hospice utilization in Hawaii reached 45.4%

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 A provider’s upstream business lines can also become a referral source for their end–of–life care services. billion, up from $34.5 billion in 2022, according to the data firm ResearchandMarkets.

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Two Hospices Halt Services Amid Staffing Shortages

Hospice News

Demographics are swelling demand for serious illness and end-of-life care in Alaska. in 2018, according to the National Hospice and Palliative Care Organization (NHPCO). Personal care and social work referrals will also end. “But Seniors 65 and older represent 13.6% Census Bureau. Census Bureau.

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