The Value of Hospice in Medicare
New research conducted by NORC at the University of Chicago and published in March 2023 shows that patients’ use of hospice care contributed to $3.5 billion in savings for Medicare in 2019, while providing multiple benefits to patients, families, and caregivers. The National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) commissioned NORC at the University of Chicago (NORC) to assess the value of hospice to the Medicare program and to beneficiaries, their families, and caregivers. Below are some infographics, snippets and sources pulled from the final report as preview. View Full Report.
This study seeks to estimate the value of the Medicare hospice benefit for patients with terminal conditions, their families, and caregivers, as well as its impact on Medicare spending. Moreover, the analysis explores opportunities for policy makers and hospice organizations to further refine the hospice benefit to ensure it continues to support patients nearing end of life, as well as their families and caregivers.
For hospice stays that were greater than 180 days (6 months), researchers found that the total costs of care for hospice users in the year prior to death were 11 percent lower per person, on average, than those of non-hospice users.
Link to Value of Hospice in Medicare Final Report presented by NORC at the University of Chicago.
Learn more about the Hospice services we offer at Androscoggin Home Healthcare + Hospice.
Sources:
- https://www.nahc.org/hospiceworks/?_zs=xT5dm&_zl=kIbT2
- https://www.nhpco.org/
- https://www.nahc.org/
- https://www.norc.org/Pages/default.aspx
