Hospice Providers See New Opportunities in Service Diversification
Hospice Providers See New Opportunities to Diversify Services
Hospices are increasingly expanding beyond traditional end-of-life care, exploring models such as palliative care, CAPABLE programs, and home-based primary care to strengthen referral streams, improve patient outcomes, and build sustainability.
“While diversifying into a new service line can involve risk-based payment arrangements, it can also improve a hospice’s value proposition and ultimately strengthen sustainability.”
Currently, palliative care is the strongest area of focus, but providers must carefully manage cost, staffing, and referral source education to avoid confusion and help provide consistent value.
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