Manatt Health Partner Edo Banach was quoted in Hospice News about how hospices and palliative care providers can benefit from partnering with Accountable Care Organizations (ACOs) to reduce costs and improve care for Medicare patients.
With a record of reducing costs and hospitalizations, community-based palliative care could make providers or those services attractive to ACOs, according to Banach. “You have this payment for value, not necessarily payment for bundles or episodes of care, but really the value,” Banach said. “There’s an incentive there for folks to provide valuable care, and a reward, in a sense, for investment in things that offset more expensive care—so investments, for example, to keep people in the community and keep people out of hospitals.”
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