Posted September 14, 2022
For the past two years, hospices have taken their first steps towards value-based reimbursement, but there is a long journey ahead.
CMMI is testing coverage of hospice care through Medicare Advantage through the Value-Based Insurance Design (VBID) program, most commonly known as the carve-in.
Though it remains to be seen whether the VBID model will become permanent in the long run, hospices can expect value-based payment systems to become more prevalent as time goes on.
“Promoting value-based care is a passion and a mission,” CMMI Director Liz Fowler said at the National Association of Accountable Care Organizations annual conference. “And I believe it’s the right direction for our health system and the right approach to improve the health care experience for patients. I’m committed to doing everything I can to move us in this direction.”
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