Hospice News July 27, 2022
The U.S. Centers for Medicare & Medicaid Services (CMS) will give hospices a 3.8% bump in their per diem payments for 2023, according to a final rule published today.
The reimbursement hike is larger than the 2.7% the agency initially proposed for next year, which many providers and industry groups contended was too small in light of rising expenses. However, stakeholders say that the final amount remains insufficient.
“While we believe the 3.8 percent update will be helpful in addressing the financial pressures hospices are experiencing, we have continuing concerns that it will not fully address current cost inflation and will seek support for further increases that would cover the increasing labor and other costs affecting hospice providers,” National...
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