We are excited to share an insightful article from Hospice News, highlighting the growing significance of palliative care in the value-based healthcare model. As the healthcare landscape shifts towards outcomes-based payment systems, palliative care is set to play a crucial role in improving patient outcomes and reducing costs.
🔍 Key Takeaways:
-Medicare Reimbursement: While traditional fee-for-service models present challenges, the transition to value-based care promises better support for interdisciplinary approaches.
-Growing Investment: A diverse range of healthcare providers, including hospices and home health agencies, are increasingly investing in palliative care services.
-Value-Based Models: Accountable Care Organizations (ACOs) and Medicare Advantage plans are creating new opportunities for palliative care through customized payment arrangements and supplemental benefits.
-Cost Savings: Programs like the Medicare Care Choices Model (MCCM) have demonstrated significant cost savings and improved patient care outcomes by integrating palliative care with curative services.
What this means for Tuesday Health: As we continue to adapt and innovate within this evolving healthcare landscape, we remain committed to delivering exceptional, value-based supportive care to seriously ill patients. Our efforts are focused on improving patient experiences, enhancing their quality of life, and reducing overall healthcare costs.
Read the full article here: https://hubs.ly/Q02CG2060
#PalliativeCare #ValueBasedCare #HealthcareInnovation #PatientCare #TuesdayHealth