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Hospice 101. 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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Presentation on theme: "Hospice 101. Introduction Complex Patients Spurring Medicare Cost Growth Healthcare Costs at the End of Life In the last 6 months of life – Poly-Physicians."— Presentation transcript:

1 Hospice 101

2 Introduction Complex Patients Spurring Medicare Cost Growth Healthcare Costs at the End of Life In the last 6 months of life – Poly-Physicians

3 The Hospice Philosophy

4 Industry Trends Important Needs Going Unmet Palliative Care Teams Significantly Reduce Hospital Costs Late Referrals Undermine Hospice Value Hospice Extends Life

5 Containing Costs Early engagement of hospice services lead to longer and better quality of life Hospice decreases Medicare expenditures End of Life Programs

6 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

7 Who pays for hospice care? Medicare 83.4% Private insurance 8.6% Medicaid 4.9% What we pay for

8 4 Levels of Care

9 Who Qualifies Terminal dx with life expectancy of 6 months Multiple dx including cancer, COPD, sepsis, failure to thrive, dementia, ESHD, ESRD, heart failure

10 Final Thoughts and Questions


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