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CMS Finalizes 2.9% Cut in Physician Payments for 2025, Including for Palliative Care

Hospice News

Fee-for-service Medicare continues to pay for the bulk of palliative care delivered to seniors in the United States, using the rates established in the physician fee schedule final rule. The final rule also includes a new coding and payment for caregiver training, which can be done via telehealth or in person.

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Humana Completes $2.8 Billion Kindred Hospice Divestiture

Hospice News

Post-closing, Humana plans to apply the bulk of these funds to debt repayment and share repurchases, executives indicated in a first-quarter 2022 earnings call. “We Rather than operating a hospice business, the insurance company partners with those organizations through a preferred provider network.

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How CMS Proposed ACO Advance Payment Policies Could Impact Palliative Care

Hospice News

ACO Primary Care Flex aims to alleviate similar challenges with bulk advanced payments that participants can use to build networks, establish data analytics capabilities, and hire support staff like care managers to get a new ACO up and running.”

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VA Health System Boosts Palliative Referrals with Clinical Education

Hospice News

Seniors represented the bulk of the new palliative care referrals. The VA hospital also saw palliative lengths of stay extend through the PDSA initiative. The mean length of stay for newly admitted palliative care patients was eight-and-a-half days.

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Hospice Carve-In’s Sunset Could Affect Palliative Care

Hospice News

Nearly 90% of these beneficiaries are seniors 65 and older, which represent a large bulk of hospice and palliative patients, the CMS report found. Medicare Advantage provides coverage to more than half of Medicare-eligible beneficiaries nationwide, reported the U.S. Centers for Medicare & Medicaid Services (CMS).

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Addus Taking a Cautious Approach to Hospice Deals

Hospice News

The company also seeks to bulk up its home health business relative to the scale of its hospice operations. Hospice multiples reach record highs in 2020 and 2021, as much as 26x. Since then the price tags have reportedly come down, but they haven’t gone far enough, according to Addus President and COO Brad Bickham.

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Why Hospice Providers Are Ready to Spend Big on Technology

Hospice News

As far as return on investment goes, the bulk of survey respondents said predictive analytics offers the highest ROI (21%), with staff training technology a close second (20%).