Healthcare management

Positive end of life

3.4.1 Hospice and palliative care industries

Private sector companies are increasingly involved in end-of-life care, particularly through the hospice and palliative care industries. However, this involvement has both positive and negative aspects. Many private, for-profit hospice agencies aim to provide high-quality care that is reimbursed by their state or health insurance. For example, some firms have invested in technology and streamlined administrative processes to improve efficiency and access to care, particularly in underserved communities, as for-profit models are often more aggressive in expanding their services (NPHI Policy Team, 2023).

In the UK, a major private healthcare provider offers dedicated palliative care services within its care homes, focusing on tailored care plans for residents with life-limiting illnesses. They emphasize a holistic approach, including support for the patient’s family, and work to ensure a peaceful environment for their residents.

The impact of these private entities is significant, with for-profit hospices now making up over two-thirds of the market (KFF Health News, 2023). While some for-profit models have been criticized for prioritizing profit over patient care, leading to fewer visits and a narrower range of services, others have successfully integrated patient-centred practices to ensure a positive experience.

  1. 3.1 Introduction
  2. 3.2 Strategy
  3. 3.3 Policy
    1. 3.3.1 Key policy interventions
  4. 3.4 Private sector
    1. 3.4.1 Hospice and palliative care industries
    2. 3.4.2 Workplace health
    3. 3.4.3 Technology and end of life care
    4. 3.4.4 Third-sector organisations
    5. 3.4.5 Strategic partnerships
    6. 3.4.6 Innovations in end of life care