Among the biggest considerations for hospices is the nation’s steady drive towards managed care and value-based reimbursement, often with Medicare Advantage behind the wheel. With the hospice component of the value-based insurance design (VBID) model now in its third year, providers see a need to adapt.
Managed care plans also have a learning curve as more care moves into the home, according to AccentCare CEO Steve Rodgers.
“The big one is the continued growth of managed care. The reality is, with that continued growth, they still have not evolved their strategies very effectively around how they’re engaging with home-based care companies,” Rodgers told Hospice News. “Especially with some of the pressures coming out of Washington associated with the rate environment and everything else, there just needs to be a different level of engagement.”
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