Hospice News March 28, 2024
The U.S. Centers for Medicare & Medicaid Services (CMS) has issued its 2025 proposed rule for hospice payment, which if finalized would include a 2.6% increase in the per diem base rate.
The proposal is a likely signal that CMS will not adopt a recent recommendation by the Medicare Payment Advisory Commission (MedPAC) to freeze rates beginning next year. The proposed hospice cap amount for Fiscal Year 2025 is $34,364.85, up from $33,494.01 this year.
In addition to setting reimbursement rates, the rule indicated that CMS in 2025 will implement a new model for how it uses the wage index to inform payment rates for the coming years.
Initially mandated through the agency’s 2023 final hospice rule, the agency is...
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