American Hospital Association March 28, 2024

The Centers for Medicare & Medicaid Services March 28 issued a proposed rule to update hospice payment rates for fiscal year 2025. CMS proposes a 2.6% ($705 million) net increase to payments compared with FY 2024. This includes a 3.0% market basket update, a 0.4 percentage point cut for productivity, and an annual payment cap per patient of $34,364.85. CMS also proposes...

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Topics: CMS, Govt Agencies, Insurance, Medicare, Post-Acute Care, Provider
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