Thursday, July 21 | Thought Leadership, Post-Acute Care, Value-based Care

Unlocking Success in Palliative Care for Providers and Patients

By Netsmart

The demand for palliative care is growing, yet access to services remains a challenge.

Consider these stats:

  • Approximately 90 million Americans are living with serious illness, and this number is expected to more than double in the next 25 years as the population ages.
  • Fewer than 5% of patients with serious illnesses who stand to benefit from palliative care actually receive it.
  • Approximately 68% of Medicare costs are related to people with four or more chronic conditions – the typical palliative care patient.

However, the lack of access is beginning to change as payers begin to see the clinical and financial benefits of community-based, interdisciplinary palliative care.

Palliative care, which aims to provide relief from the symptoms and stress of a serious illness, is most often provided by hospice organizations. According to the Center to Advance Palliative Care, about 50% of community-based palliative care providers are hospices.

A rising number of hospices have been diversifying their services to engage patients further upstream and take advantage of emerging value-based payment models, with palliative care as one of the most common new business lines.

Jim Parker, editor of Hospice News, joined Netsmart’s Mike Valentine (CEO) and Dawn Iddings (Sr. VP/Managing Dir., Post-Acute) in a recent Netsmart CareThreads podcast to talk about improving access and education of palliative care, the pitfalls and benefits of entering new value-based payment models and the types of technology needed to succeed with these models.  

Parker says that palliative care can consist of different models, though he did list three defining characteristics.

  1. Palliative care must be interdisciplinary
  2. Care must be aligned with the patient's goals and wishes
  3. It is not the same as hospice care; therefore, patients should have access to palliative  services long before they reach their last 6 months of life. 

To hear these thought leaders discuss why so many leading hospices are launching palliative care service lines and how they are succeeding, click here to listen to the podcast.

Sources:

Center to Advance Palliative Care (CAPC)

National Academy of State Health Policy

 

Meet the Author

netsmart-logo
Netsmart ·

From the CareThreads Blog

OASIS and Coding Alignment Avoiding the Pressure Points That Create Compliance Risk

OASIS and Coding Alignment: Avoiding the Pressure Points That Create Compliance Risk

Wednesday, July 08 | Post-Acute Care,Thought Leadership

As coding guidance, OASIS requirements and value-based purchasing expectations evolve, even experienced clinicians can run into areas where the right answer isn’t always obvious. Understanding where documentation challenges happen can help organizations manage risk and streamline consistency.

Read the blog
Why Meaningful AI Matters

5 Reasons Why Meaningful AI Matters in Healthcare

Monday, June 29 | Thought Leadership,Human Services,Post-Acute Care

AI represents a turning point for healthcare but its impact depends on intentional leadership, implementation and adoption. The organizations that succeed will be those that move beyond experimentation and focus on purposeful implementation.

Read the blog
Realizing the Impact of a Single Platform Approach on Home and Community-Based Services

Realizing the Impact of a Single Platform Approach on Home and Community-Based Services

Tuesday, June 23 | Human Services,Post-Acute Care,Thought Leadership

Home and Community-Based Services (HCBS) providers operate in an environment defined by complexity, tight margins and an unwavering commitment to the individuals they serve. These organizations are no strangers to doing more with less, balancing growing regulatory requirements, workforce challenges and increasing demand for services. In this reality, efficiency isn’t a nice-to-have; it’s essential for maintaining operational stability and delivering consistent, high-quality care.

Read the blog