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Hospice 101

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. The Hospice Philosophy. Industry Trends. Important Needs Going Unmet Palliative Care Teams Significantly Reduce Hospital Costs

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Hospice 101

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  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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