Hospice News November 8, 2023
The U.S. Senate Finance Committee is holding a markup meeting today on a bill that would, among other provisions, reallocate close to $1 billion hospice dollars to other programs.
When it comes to legislation, a few words can make a big difference. A couple of sentences in a 120-page set of amendments to the Social Security Act would make adjustments to the hospice payment cap for 2033 that would free up $927 million. Congress intends to reinvest those dollars into pharmacy benefit management, behavioral health and other projects.
Stakeholders in the hospice community are lobbying for those funds to be reapplied to supporting hospice initiatives, according to Logan Hoover, vice president of policy and government relations at the National Hospice...