Hospice News January 3, 2025
Hospice leaders will need to keep their eyes on five key trends in the new year when it comes to compliance, business operations and finance.
Coupled with these trends is rising utilization. Hospice utilization reached 51.7% among Medicare decedents in 2023, up more than two percentage points from the prior year, according to recent data from the Medicare Payment Advisory Commission (MedPAC). This is the highest rate since 2019. MedPAC observed increases in utilization across the board, even when stratified into subgroups by age, sex, race and rural or urban location.
The number of hospice care days also saw increases, as did average length of stay and average number of patient visits per week. Total Medicare hospice payments in 2023...
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