Remove money-saving
article thumbnail

AAHPM CMO Joe Rotella: Hospice Does Not Exist to Save Money

Hospice News

Not only do they have a better life, maybe even live longer, but it saves the system money. What I worry about is that people will think we’re here to save the system money. We’re not here to save the system money. That’s great when that happens. We’re here to treat people.

Hospice 297
article thumbnail

Longer Hospice Stays Among Dementia Patients Save Medicare Dollars

Hospice News

The trend has ignited concerns about these patients’ lengths of stay, as well as praise for hospices’ cost-savings potential. Hospice services delivered by for-profit providers resulted in an estimated $29,000 in Medicare savings for each ADRD patient over the course of five years post diagnosis, the research found.

Medicare 299
professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

How Value-Based Models Can Aid Palliative Care Team Recruitment

Hospice News

Palliative care traditionally loses money. The value in palliative care is cost savings. We lose money on the palliative care side, but we gain money in other departments. Jennifer Blechman, palliative care medical director at the Oregon-based nonprofit Partners in Care.

article thumbnail

Senate Bill Would Reallocate Nearly $1B in Hospice Funding to Pharmacy, Behavioral Health Programs

Hospice News

Essentially they’re taking money from hospice to use for other programs that’s gone from about $50 million a year to almost a billion a year — 20x. What we’re asking for this year is that some of that money goes and it’s reinvested into surveys, surveyor competency, that sort of education.”

Hospice 306
article thumbnail

Optum Fuels Growth for UnitedHealth Group with Amedisys Deal in the Wings

Hospice News

During Q2, Optum’s home-based care arm contributed significantly to both revenue growth and cost savings, according to UnitedHealth Group CEO Andrew Witty. million home visits during 2023, which generated cost savings through reductions in hospitalizations and readmissions. Optum closed its $5.4 Optum clinicians made more than 2.5

Medicare 279
article thumbnail

Bill to Re-Allocate Federal Hospice Dollars Moving Forward in Congress

Hospice News

In a joint letter to congressional leaders in both chambers, these organizations maintained that these savings should be reinvested in hospice programs. “We Now hospice advocacy groups are contending that the money should go to efforts to improve hospice quality.

Hospice 279
article thumbnail

How Today’s Hospice Fraud Could Warp Tomorrow’s Reimbursement Outlook

Hospice News

There is a very high level of payment recoupments overturned on appeal – in favor of the hospice, but that process wastes an incredible amount of time and money and distracts the hospice program from the mission of serving their communities,” Ledford said.

Hospice 290