CMS updates hospice payments for FY 2025
The Centers for Medicare & Medicaid Services July 30 issued a final rule updating hospice payment rates for fiscal year 2025. Overall, CMS finalized a 2.9% net increase to payments compared with FY 2024. This includes a 3.4% market basket update and a 0.5 percentage point cut for productivity. As a result of this increase, the hospice payment cap will be increased from $33,494.01 to $34,465.34. CMS also finalized adoption of the most recent Office of Management and Budget statistical area delineations, which will affect the wage index used by some providers. In addition, the rule adopts a new patient-level data collection tool to replace the existing Hospice Item Set and also adds two new process measures beginning in FY 2028.
Related News Articles
Headline
The Centers for Medicare & Medicaid Services March 28 issued a proposed rule to update hospice payment rates for fiscal year 2025. CMS proposes a 2.6% ($…
Headline
The Centers for Medicare & Medicaid Services July 28 issued its final rule updating hospice payments for fiscal year 2024. CMS finalized a 3.1% ($780…
Headline
The Centers for Medicare & Medicaid Services today issued its proposed rule updating hospice payments for fiscal year 2024. CMS proposes a 2.8% ($720…
Headline
The Centers for Medicare & Medicaid Services today issued a final rule to update hospice payment rates for fiscal year 2023. The rule finalizes a 3.8% ($…
Headline
The Centers for Medicare & Medicaid Services yesterday issued a proposed rule to update hospice payment rates for fiscal year 2023. CMS proposes a 2.7% ($…
Headline
The Centers for Medicare & Medicaid Services late today issued a proposed rule to update hospice payment rates for fiscal year 2022. CMS proposes a 2.…