Posted on Monday, November 9, 2020
According to the Center to Advance Palliative Care (CAPC) palliative care is growing in the hospice space, as almost half of community-based palliative care providers in the United States are hospices.
In January 2021, the value-based insurance design (VBID) payment model demonstration project will begin, allowing Medicare Advantage plans to carve in hospice. This has created a financial draw for providers to delve deeper into the palliative care realm.
“What we’re seeing in terms of innovative models [is] a strong interest in expanding access to palliative care beyond the hospital and into the community either near the home virtually or in homes,” said Peggy Maguire of Ore.-based Cambia Health Solutions during the Hospice News Elevate conference. Maguire is executive vice president of Ore.-based Cambia Health Solutions and president of the Cambia Health Foundation. “There’s been a lot of innovation in the Medicare Advantage space, starting with supplemental benefits. There’s a real opportunity to be creative about Medicare Advantage benefits.”
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