SLIDE 1
New Century Health / powering the new era of specialty care
Matthew M. Wilson, MD Lauren G. Michalakes, MD Stephen T. Rust, MD, FASHPM Andrew A. Hertler, MD, FACP - Moderator October 19, 2019
New Century Health / powering the new era of specialty care
Palliative care can enhance quality of oncology care and curb growing costs
Part B Drugs (33.4%) Inpatient (16.7%) Physician (10.8%)
Source: Institute for Clinical and Economic Review, 2016
❑ Palliative care helps reduces hospital admission rates and facilitates the movement of patients from high- cost settings like hospitals to lower-cost settings such as home health ❑ Palliative care can improve survival ❑ Palliative care can improve QOL ❑ Several studies have found that palliative care can save upwards of $6,000 to $8,000 per cancer patient ❑ One study estimated that if palliative care enrollment rate increased annually by 2% over a 5-year period, it would save roughly $2.7B – a 5% annual increase over 5 years would result in $6.8B in savings
High savings opportunity with palliative care Successful end-of-life management strategies
- 2. Patient education
- 3. Provider engagement
- 1. Palliative care referrals
✓ Improved end-of-life transitions ✓ Quality improvement