The Future of Hospice according to Peter

Join us on TCNtalks as we welcome back one of the most sought after consultants in the serious illness space, Peter Benjamin, partner at the Huntington Consulting Group, for a compelling discussion on the pivotal shifts occurring in hospice care.Listen in as Peter, with his 45-year tenure mirroring the evolution of hospice in the United States, offers his seasoned perspective on how these community-based providers can navigate and flourish through the transformative years ahead. His reflections on the hospice benefit's origins and the urgent need for an evolved approach to end-of-life care set the stage for a thought-provoking session.This conversation ventures into the intricacies of leadership within hospice and palliative care, stressing the urgency for professionals to embrace innovation and adapt to emerging care models. With a lens on the future, we examine the 'Buy, Build, Partner' framework as healthcare organizations grapple with market changes and the complex decisions they face. The talk further unfolds the evolving business models in senior housing and the importance of understanding the nuanced dynamics of the industry to maintain relevance during this critical time.Wrapping up our enriching exchange, Peter imparts career advice to young healthcare professionals aspiring to make an impact, emphasizing the importance of aligning with organizations at the forefront of industry transformation.Key TakeawaysHospice and palliative care programs need to adapt to the changing healthcare landscape to remain relevant.Understanding emerging models of care, such as Medicare Advantage and Special Needs Plans, is crucial for hospice leaders.Building, buying, or partnering with other organizations can help hospice programs navigate the evolving healthcare market.Young professionals should consider a career in end-of-life care and be prepared to embrace change and innovation.Leadership is essential in times of change and can help hospice programs thrive in the future. Medicare Advantage plans are not going away and will continue to play a significant role in the future of hospice care.Host: Chris Comeaux, President / CEO of TCN/TCGGuest: Peter Benjamin, , Partner, The Huntington Consulting Group Teleios Collaborative Network   /   https://www.teleioscn.org/tcntalkspodcast