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Title: Teleios Collaborative Network Develops Quintuple Aim Strategy to Enhance Hospice Care
Teleios Collaborative Network (TCN) has officially announced the launch of its Quintuple Aim Strategy, aimed at setting a new standard for excellence in hospice and serious illness care. This initiative addresses the pressing need for improved quality of life for patients nearing the end of life, as many hospices face challenges in providing comprehensive care.Despite an increase in hospice enrollment, many patients access these services only in the final days of their lives, missing out on the full benefits available to them. TCN's strategy redefines the operational model for nonprofit hospice providers, aiming to ensure that individuals receive the care they need with dignity and respect.TCN is committed to empowering nonprofit hospices in a challenging healthcare environment. Their approach not only supports these organizations but also enhances the care delivered to patients and families.As nonprofit hospices navigate fluctuating reimbursement rates, regulatory pressures, and staffing shortages, TCN provides a collaborative framework to help these organizations thrive. By pooling resources and leveraging collective purchasing power, member organizations can access favorable rates for essential supplies and services, thus leveling the playing field with larger healthcare entities.The Quintuple Aim Strategy emphasizes five key goals: improving patient experience, enhancing population health, reducing costs, promoting provider well-being, and advancing health equity. This holistic approach enables member organizations to focus on their core mission of delivering high-quality, compassionate care.One of the key components of TCN’s model is the provision of comprehensive back-office support services. By offering shared resources in areas such as credentialing, billing, ma...
This press release is issued by King Newswire