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Published byLorraine Mills Modified over 9 years ago
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Hospice 101
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Introduction Complex Patients Spurring Medicare Cost Growth Healthcare Costs at the End of Life In the last 6 months of life – Poly-Physicians
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The Hospice Philosophy
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Industry Trends Important Needs Going Unmet Palliative Care Teams Significantly Reduce Hospital Costs Late Referrals Undermine Hospice Value Hospice Extends Life
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Containing Costs Early engagement of hospice services lead to longer and better quality of life Hospice decreases Medicare expenditures End of Life Programs
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End of Life Conversations have positive impact on cost reduction and quality improvement Advance cancer patients who had End of Life discussions showed 35.7% in lower costs than those with no EOL discussions Patient with higher costs had worse EOL experience in their final weeks
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Who pays for hospice care? Medicare 83.4% Private insurance 8.6% Medicaid 4.9% What we pay for
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4 Levels of Care
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Who Qualifies Terminal dx with life expectancy of 6 months Multiple dx including cancer, COPD, sepsis, failure to thrive, dementia, ESHD, ESRD, heart failure
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Final Thoughts and Questions
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