Demand for in-home hospice is skyrocketing.
According to a recent report,
in 2016, 44.6% of hospice patients received in-home care – more than those in skilled nursing and inpatient facilities and acute care hospitals. That same year, 1.43 million Medicare beneficiaries were enrolled for a total of 101 million days of hospice care.
Hospice spending is rising.
Spending for hospice care was $9.5 billion in 2006, $15.1 billion in 2013 and is projected to increase to $45 billion by year 2020, according to a recent Business Wire report. End of life care at home continues to steadily rise. From 2016 to 2019, Medicare spending on hospice care is projected to grow from $18 billion to $21.6 billion.
Families value the team approach.
In-home hospice involves an interdisciplinary team of specialists that manages pain, provides symptom relief and implements therapies for the terminally ill. It also includes grief counseling and chaplain services to help the family face the eventual loss of a loved one. Families appreciate the all-round physical, emotional and spiritual support of in-home hospice.