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Sunday, June 7, 2009

Death and Dying in Tough Economic Times

Cash-strapped states and private health care providers are looking for ways to cut costs and save money in these economic times. While across-the-board cuts in spending are intuitively appealing and a seemingly straightforward method for saving money, it turns out that some health care expenditures actually lead to cost savings. Spend money to save money — at least when patients are dying.
One of the newest areas of specialization in health care is hospice and palliative care. (The Centers for Medicare and Medicaid Services (CMS) just began recognizing hospice and palliative care early in 2009.) This new specialty focuses on treating not just physical symptoms, but psychological, social, and spiritual suffering that accompanies a terminal illness. Read more →

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