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Hospices Face ‘Hard Roads’ in Budgeting for Sustainable Growth

Hospice News

Hospice budgeting practices hinge on several factors, according to Matt Chadwick, CFO of Well Care Health. It’s a hard, long road, and we’ve got to account for that in some way in the budget,” Chadwick said at the conference. The budget should not just be solely 100% of the financial person’s responsibility,” Feeback said. “It

Hospice 278
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Massachusetts State Budget Allocations $10.4M for Pediatric Palliative Care

Hospice News

The Commonwealth of Massachusetts has approved its 2025 state budget that includes outlays to support palliative care services for children. The state’s budget included $14.7 This budget takes a fiscally responsible approach to making meaningful investments in areas of significant need.

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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

Medicare reimbursement is the lifeblood of hospice providers, and a clear understanding of policies like budget neutrality can help elucidate the payment systems that keep their businesses running. An earlier version of budget neutrality was phased out in 2016. “The

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AlayaCare Budget Module: Effortlessly Define & Track Income Vs. Expenses

AlayaCare

AlayaCare’s budget module allows you to define income vs expenses for a client. Challenge #2 Many home, community and aged care providers are burdened with using multiple solutions or spreadsheets to keep track of individualized budgets or client care packages. Expenses are defined as Services, Fees, Premiums or Equipment/Supplies.

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Budget Bites

Chicago Caregiving

Older adults prioritize healthy eating on a budget, as they adjust to inflation reality. That makes everyone’s food budget stretch a bit further, but it doesn’t come close to covering the rise in costs. Yet, because she only shops for herself and still has a steady income from her job, she has more leeway in her budget than many.

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Sustainably funded children’s palliative care no closer despite ‘long-term decisions’ Budget

Together for Short Lives

The UK Government’s Spring Budget provides no clarity on future funding for seriously ill children. Despite some positive news, Budget 2024 was a missed opportunity for the Chancellor to provide sustainable, long-term funding to fill gaps in underfunded and understaffed children’s palliative care services across the UK.

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Massachusetts Ramping Up Pediatric Palliative Care Funding

Hospice News

million in the state’s 2023 fiscal year budget to support pediatric palliative care access. We’ve been incrementally building it up, making sure that every year we put enough money in the budget to clear the waiting list.”. million allocated in the state’s budget during 2018. Massachusetts State Sen.