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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. These markets are growing partly because of demographic trends and partly because of increasing acceptance of both palliative and hospice,” Tanquilut told Hospice News. “As billion by 2030, a rise from $34.5

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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. Recently, the U.S.

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

Regardless of providers’ disparate methods, hospice remains a high-growth industry, expanding at an annual rate of 7% to 8% annually, Bank of America (BofA) Global Research reported in TKTK. By 2030, the hospice market’s total dollar value is expected to nearly double, reaching $64.7 billion, up from $34.5

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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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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. Hospice utilization in Hawaii reached 45.4% 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.

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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.