Hospice News July 31, 2024
The U.S. Centers for Medicare & Medicaid Services (CMS) on Tuesday finalized its 2025 hospice payment rule, but some say that the base rate increase is insufficient in today’s environment.
CMS approved a 2.9% raise in per diem hospice payments, which is higher than the 2.6% the agency initially proposed. Stakeholders in the space contend that rate hikes have not kept pace with inflation, rising labor costs and other headwinds in the hospice space, as well as lingering effects of COVID.
Some have also indicated that the “insufficient” payment rates are making it more difficult for hospices to compete with other providers when it comes to hiring staff.
“Good hospice care is a holistic, patient- and family-centered, compassionate approach to...
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