Strategic Restructuring for the Future: Exploring How Hospices Are Using Joint Ventures, Mergers and Acquisitions, and Service Diversification to Transform
Change, transformation, disruption: whatever you want to call it, it’s happening in the hospice industry over the next 5 years. It is unquestionable that the carve-in to Medicare Advantage, the rise of value-based care and steady market consolidation is changing the playing field. How do hospices respond? In this series, we explore how hospices are and can restructure their businesses. We discuss the opportunities and limits of different models: palliative care, affiliations for payor contracting or the more transformative change brought through a merger or acquisition. While there is no one-size-fits-all approach, hospices can explore new ways of being. We are excited to guide you on this road and hope these conversations help as you explore these important questions within your organization and determine your best path into the future.
Today's Episode: Insights on Building a Hospice Network From the Ground Up - A Conversation With Mike Milward, CEO of the California Hospice Network
As we explored in our podcast on June 30, 2021, there is no one way for hospices to collaborate and position themselves for value-based care. In today’s episode, Husch Blackwell’s Meg Pekarske has the great pleasure to be joined by Mike Milward, CEO of the California Hospice Network (CHN), who shares his firsthand insights on creating an innovative network model in California.
They explore how this idea became a reality and how that reality has evolved with time. Mike invites us to see how independence and control can work within an integrated model. With so many insights shared in this episode, you must listen. Enjoy!