Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations and finance. Coupled with these trends is rising utilization. Hospice utilization reached 51.7% among Medicare decedents in 2023, up more than two percentage points from the prior year, according to recent data from the Medicare Payment Advisory Commission (MedPAC). Barring some extreme event — like a global pandemic, for example — a decline in utilization is unlikely in 2025 and beyond. From a business perspective, this means hospice companies will have to rise to meet burgeoning demand and staff shortages and financial headwinds, including reimbursement that hasn’t kept pace with inflation rates.
Read the full article: Top Hospice Trends to Watch in 2025 //
Source: https://hospicenews.com/2025/01/03/top-hospice-trends-to-watch-in-2025/