article thumbnail

CMS Extends Hospice VBID Through 2030

Hospice News

Centers for Medicare & Medicaid Services (CMS) is extending the value-based insurance design demonstration for calendar years 2025 to 2030, including the hospice component. Among those benefits is palliative care. The post CMS Extends Hospice VBID Through 2030 appeared first on Hospice News.

2030 293
article thumbnail

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. The state of hospice and palliative care markets. health care market, according to a report that Bank of America (BofA) Global Research shared with Hospice News. billion by 2030, a rise from $34.5

2030 334
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Palliative Care Can Benefit Heart Failure Patients

Hospice News

Given these factors, many of these patients should be receiving some form of palliative care, Dr. Larry Allen, chief of cardiology at the University of Colorado, said in a recent AHA webinar. People living with heart failure continue to have unmet care needs and face uncertainty about their prognosis. Approximately 6.7

article thumbnail

What Hospice VBID’s Ending Means for Palliative Care

Hospice News

Centers for Medicare & Medicaid Services’ value-based insurance design (VBID) model has largely been met with a sense of relief by providers as they plan new initiatives for palliative care in 2025. CMMI extended the program through 2030, but recently announced that the hospice portion will end on December 31, 2024.

article thumbnail

Key Palliative Care Trends to Watch in 2024

Hospice News

Palliative care is an evolving field. Though long-established as a medical specialty, these health care services have yet to reach their full potential due to reimbursement pressures, poor awareness and staffing headwinds. Rising demand In 2024, demand will continue to rise, driven by a number of factors.

article thumbnail

Caring for the Caregivers: Keys for Helping Family Members in Palliative Care Roles

Hospice News

Given the crucial role that caregivers play in families, their well-being is central to palliative care, and providers need to assist these caregivers by developing sustainable models of support for them. In the United States, more than 40 million adults provide palliative care for family members.

article thumbnail

The Forces Fueling the Palliative Care Market

Hospice News

Evolving demographic and economic forces have placed palliative care among the nation’s fastest growing health care sectors. Number one, it’s a big satisfier for [patients],” Bentley told Palliative Care News. Family members who have [loved ones] receiving palliative care find it highly valuable.