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All posts tagged with “Palliative Care Provider News | Operations News | Financial.”
Cancer facts & figures 2024
02/05/24 at 04:00 AMCancer facts & figures 2024American Cancer Society; 2024Cancer Facts & Figures 2024 is an educational companion for Cancer Statistics 2024, a scientific paper published in the American Cancer Society journal, CA: A Cancer Journal for Clinicians. These annual reports provide:
The no. 1 problem still keeping hospital CEOs up at night
02/05/24 at 04:00 AMThe No. 1 problem still keeping hospital CEOs up at nightBecker's Hospital Review, by Kelly Gooch; 1/31/24... Here are the 10 most concerning issues hospital CEOs ranked in 2023, along with their average score on an 11-point scale of how pressing CEOs find each issue.
Facing the future: Home health providers gear up for 2024’s value-based care, M&A landscapes
02/05/24 at 03:30 AMFacing the future: Home health providers gear up for 2024’s value-based care, M&A landscapesHome Health Care, by Andrew Donlan; 2/1/24Home-based care providers have faced many headwinds over the past few years. They’ll continue to do so in 2024. But uncertainty has also plagued providers, and there may be less of that this year. Providers know the threat of fee-for-service Medicare cuts. They know Medicare Advantage (MA) penetration is an unstoppable force. They know staffing woes will be a mainstay, even if the labor market nominally improves.
What home health providers need to know about CMS’ Medicare enrollment changes
02/05/24 at 03:00 AMWhat home health providers need to know about CMS’ Medicare enrollment changesHome Health Care News, by Patrick Filbin; 1/31/24The Medicare enrollment process undergoes annual changes at the Centers for Medicare & Medicaid Services (CMS) to ensure it remains up to date with evolving regulations, policies and health care practices. A number of changes went into effect on Jan. 1, and several of them will affect home health agencies. Here’s what home health agencies should know about those changes.
How hospices are diversifying their services in 2024
02/05/24 at 12:30 AMHow hospices are diversifying their services in 2024Hospice News, by Holly Vossel; 1/31/24Palliative care, pediatric end-of-life care and end-of-life doula (EOLD) services are top of mind for hospices that are diversifying their services in 2024.Fewer than half of 143 respondents to Hospice News’ 2024 Outlook Survey, conducted with Homecare Homebase, reported that their hospice organizations would pursue new care types this year. But the aim of their service diversification efforts may indicate future trends. Service diversification trends in hospice could ramp up as value-based care models incentivize this path, according to Tony Kudner, chief strategy officer of the home-based care consulting company Transcend Strategy Group.
Hospices struggle to balance costs, patient needs in medication deprescribing
02/02/24 at 04:00 AMHospices struggle to balance costs, patient needs in medication deprescribingHospice News, by Jim Parker; 1/30/24When deprescribing medications for hospice patients, providers have to navigate a complex web of factors. But according to some clinicians, the prospect of cost savings often takes precedence over clinical outcomes. Medication costs are among hospices’ biggest expenses, and deprescribing some medications deemed “curative” or “unrelated” to the patient’s terminal diagnosis is a standard practice. However, even in the context of providing comfort care at the end of life, many patients do not receive medications that could benefit them, including those for pain management.
Patty and Jay Baker reinforce palliative care at Mount Sinai: A significant stride towards enhanced patient care and medical training
02/02/24 at 03:40 AMPatty and Jay Baker reinforce palliative care at Mount Sinai: A significant stride towards enhanced patient care and medical trainingMedriva, by Zara Nwosu; 1/31/24The partnership between Patty and Jay Baker and Mount Sinai is much more than a financial investment. It represents a significant step forward in the advancement of palliative care. By focusing on both patient care and medical training, this initiative addresses the needs of the healthcare system from multiple angles. This comprehensive approach ensures that all aspects of care, from diagnosis to treatment, are improved.
Top 5 digital health priorities for health systems
02/01/24 at 02:00 AMTop 5 digital health priorities for health systemsBecker's Health IT, by Giles Bruce; 1/31/24Nearly two-thirds of health system C-suite leaders say digital health is easing access to care, though using it to improve patient experience has fallen as a tech priority for executives, a new study found. ... [According] to the Jan. 22 report from management consultant Sage Growth Partners ... [here are] the top five digital health priorities for the next 12 months, per the survey of 108 hospital and health system C-suite executives:
As denials climb, MACPAC approves recommendations for managed care oversight
01/30/24 at 03:00 AMAs denials climb, MACPAC approves recommendations for managed care oversight McKnights Home Care, by Adam Healy; 1/29/24The Medicaid and CHIP Payment Advisory Commission on Friday approved seven recommendations to enhance congressional oversight of Medicaid managed care organizations as recent reports reveal startlingly high rates of prior authorization denials.
Changing payment dynamics are forcing home-based care providers to level up in value-based care
01/29/24 at 04:00 AMChanging payment dynamics are forcing home-based care providers to level up in value-based careHome Health Care News, by Patrick Filbin; 1/24/24When home-based care professionals were tasked with providing the “greatest challenge” facing them in the new year, 58% responded staffing. After that, 31% said changing payment dynamics, while 7% and 4% said consolidation or non-payment regulatory changes, respectively. Those findings come from a recent survey conducted by Home Health Care News and Homecare Homebase.
Home health benefit will become a 'skeleton' if Medicare payment adjustments continue, industry leader cautions
01/26/24 at 04:00 AMHome health benefit will become a 'skeleton' if Medicare payment adjustments continue, industry leader cautionsHome Health Care News, by Joyce Famakinwa; 1/23/24... The 2024 final home health payment rule included a 0.8% aggregate payment increase and a permanent prospective adjustment of -2.890%, plus dozens of other notable changes to home health care. ... With these cuts, NAHC [National Association for Home Care & Hospice] has estimated that 48% of all home health agencies will have overall negative margins in 2024.
New program to provide emergency funding to rural hospitals
01/25/24 at 04:00 AMNew program to provide emergency funding to rural hospitalsCapitol Beat, by Dave Williams; 1/17/24A nonprofit health-care organization announced plans ... to help financially struggling rural hospitals in Georgia in danger of closing. Ohio-based CareSource will contribute $5 million in emergency funding to hospitals and hospital-owned nursing homes in rural communities suffering critical cash deficits. Working in partnership with Cumming-based HomeTown Health, which represents rural hospitals across Georgia, the CareSource Rural Access Advancement Program will provide bridge loans to be repaid and reinvested into the program once the recipient has stabilized. Since 2010, nine rural hospitals have closed in Georgia, third-most in the nation.
Historic 21.3 million people choose ACA Marketplace coverage
01/25/24 at 04:00 AMHistoric 21.3 million people choose ACA Marketplace coverageCMS.gov Press Release; 1/24/24Marketplace enrollment climbs nearly 5 million higher than previous year. ... Total plan selections include more than five million people — about a fourth — who are new to the Marketplaces and 16 million people who renewed their coverage. Notably, open enrollment continues in four states and Washington, D.C., through January 31.
46% of C-Suite execs prioritizing cost reduction, survey says
01/25/24 at 03:05 AM46% of C-Suite execs prioritizing cost reduction, survey saysBecker's Hospital CFO Report, by Madeline Ashley; 1/23/24"The New Healthcare C-Suite Agenda: 2024-2025" report surveyed more than 100 C-suite executives and focused on topics like digital tools, EMR optimization, patient publication, operations, and more. Of the respondents, 29% held a CEO title, 13% chief medical officer, 10% CFO, 10% CIO, 10% COO, 7% chief nursing officer, 6% chief quality officer, 3% chief strategy officer, and 2% chief digital innovation officer. ... For top strategic initiatives for executives, 57% said growing revenue, 55% said staff recruitment and retention, and 46% said reducing cost.
MD Anderson’s Dr. Eduardo Bruera: Educate hospital execs on palliative care’s outcomes, cost savings
01/24/24 at 04:00 AMMD Anderson's Dr. Eduardo Bruera: Educate hospice execs on palliative care's outcomes, cost savingsHospice News, by Audrie Martin; 1/22/24Dr. Eduardo Bruera is a true pioneer in the field of palliative care. ... In this interview, Palliative Care News sits down with Bruera to discuss the landscape of palliative care and what he sees for the future of the field.
$15 billion win for physicians on prior authorization
01/22/24 at 04:00 AM$15 billion win for physicians on prior authorizationAMA, by Kevin B. O'Reilly; 1/18/24Under the leadership of Administrator Chiquita Brooks-LaSure, the Centers for Medicare & Medicaid Services (CMS) has released a final rule making important reforms to prior authorization to cut patient care delays and electronically streamline the process for physicians. Together, the changes will save physician practices an estimated $15 billion over 10 years, according to the U.S. Department of Health and Human Services (HHS).
New dementia-focused payment model emphasizes caregiver support
01/22/24 at 04:00 AMNew dementia-focused payment model emphasizes caregiver supportHospice News, by Holly Vossel; 1/18/23Without family caregivers, most hospice and palliative care patients would be unable to receive care in the home. Now, some emerging payment models are including caregiver support as a key component.
Congressional advisors grapple with Medicare Advantage data that reveals plenty on excess, but not much on access
01/19/24 at 04:00 AMCongressional advisors grapple with Medicare Advantage data that reveals plenty on excess, but not much on accessMcKnight's Long-Term Care News, by Kimberly Marselas; 1/16/24Medicare Advantage risk scores continue to rise, inflating payments to the private plans that far exceed their actual costs, staff for a Congressional advisory commission warned members Friday. The Centers for Medicare & Medicaid Services uses risk scores, based on patient demographics and their needs, to establish payments to plans during each bid season.
Increasing longevity, decreasing health quality: A close look at American health trends
01/18/24 at 04:00 AMIncreasing longevity, decreasing health quality: A close look at American health trendsBNN, by Ayesha Mumtaz; 1/16/24Recent data paints a concerning picture of Americans’ health despite an increase in longevity. While people are living longer, the quality of their health during these extended years is deteriorating.
A looming crisis: Millennials caring for aging parents
01/12/24 at 03:00 AMA looming crisis: Millennials caring for aging parentsFalls Church News-Press, by Brian Reach; 1/11/24... Millennials, born between 1981 and 1996, comprise roughly 73 million Americans. By 2030, all boomers, and over 70 million Americans in total, will be ages 65 and older. This represents an at least 25 percent increase in the number of senior citizens — in just over five years.
Have you been overcharged for prescription drugs? We want to hear from you.
01/11/24 at 03:00 AMHave you been overcharged for prescription drugs? We want to hear from you. - The New York TimesThe New York Times, by Reed Abelson and Rebecca Robbins; 1/9/24Most prescriptions in the United States are handled by one of three companies: CVS Caremark, Express Scripts or Optum Rx. These pharmacy benefit managers serve as middlemen between the drug companies that make the medications and the insurance plans that pay for your prescriptions. These relationships have been in the news because of the high cost of prescription drugs. We want to hear about your experiences with these companies, including whether your medications were covered and how much you paid for them. We’re also interested in hearing from pharmacists and doctors about their experiences and those of their patients.
Provider partnerships driving palliative care growth
01/10/24 at 04:00 AMProvider partnerships driving palliative care growthHospice News, by Holly Vossel; 1/8/24An increasingly diverse base of health care providers have taken an interest in the palliative care space, a trend that could be indicative of how strategic growth is taking shape in the field. ... A range of palliative care joint ventures, care collaborations and partnerships have evolved in recent years as more health care providers work to address the needs of a swelling aging population.
Humana wins $360M in Walgreens drug price settlement
01/10/24 at 04:00 AMHumana wins $360M in Walgreens drug price settlementModern Healthcare, by Lauren Berryman; 1/8/24Walgreens will pay Humana $360 million to resolve allegations the pharmacy chain overcharged the health insurer for prescription drugs.
Cap rates increase by 74 basis points across all segments of senior living and care
01/08/24 at 04:00 AMCap rates increase by 74 basis points across all segments of senior living and careMcKnights Senior Living, by Kathleen Steele Gaivin, 1/3/24The average senior housing and care capitalization rate across all segments increased by 74 basis points between April and October, according to results of the 13th edition of CBRE’s US Senior Housing & Care Investor Survey for the second half of 2023. An April survey had found that cap rates had increased for all sectors but skilled nursing. The commercial real estate services and investment company sought feedback from senior housing investors, developers, lenders and brokers throughout the United States. The survey was conducted in October, and results were released in December.
NY healthcare organizations collaborate to deliver value-based hospice, palliative care
01/05/24 at 03:00 AMNY healthcare orgs collab to deliver value-based hospice, palliative careTechTarget, by Victoria Bailey; 1/3/24Bassett Healthcare Network, a New York-based health system, has partnered with Helios Care to provide patients with value-based hospice and palliative care. ... Together, the two organizations will create an electronically driven referral process that will promote value-based contracting for hospice and palliative care services and establish a comprehensive palliative care and hospice service to treat patients in the hospital, in outpatient settings, and at home. In addition, the partnership will prioritize developing a transitional care program to provide in-home care for patients with serious illnesses, chronic diseases, and end-of-life needs.