Palliative Care: Its Status as a Loss Leader Must Change

  • Room: Potomac C
  • Session Number: 701
Tuesday, October 17, 2023: 2:30 PM - 3:30 PM

Speaker(s)

Faculty
Michael Puskarich MBA
Director - Advisory Consulting
McBee

Description

Palliative care has been a care concept for many years, helping many patients and communities deal with chronic care and the management of these conditions. Although this is a misunderstood care concept, it is equally misunderstood from a business perspective. In this session we will delve into palliative care and how it works to support communities. We will also look at the start of many programs, both within systems and within hospice providers, that we designated as “loss leaders” that were touted by the ability to direct more patients into acute services or create a better transition into hospice. In both situations, palliative care did not achieve those goals. We will unpack the reasons behind this, as well as how your agency or system can begin to better coordinate the palliative care model into your operations to utilize the value that these services can provide to the organizations and communities they support.

Topic(s)


Methodology

Course Level: Intermediate; 1.2 Accounting CPEs (NASBA/SKA) 1 Nursing CNEs contact hours, 1 Nursing Home/Asst. Living Adm. CEs (NAB/NCERS)

Handout(s)


Additional Info

Learning Objective 1:
Identify the origins of palliative care services within agencies and systems.

Learning Objective 2:
Explain the usefulness of population health and impacts on risk and non-risk arrangements.

Learning Objective 3:
Describe strategic perspectives about how palliative services can be used to increase value and financial viability.

Primary Target Audience:
Hospice