CMS proposes payment increase for hospices in FY 2025
![An elderly woman is escorted by a younger woman who has her arm around the shoulders of the elderly woman, viewed from behind.](/sites/default/files/styles/900x400/public/2022-07/stock-elderly-woman-escorted-by-younger-from-behind-900x400.jpg?itok=n-skc5-F)
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 to adopt the most recent Office of Management and Budget statistical area delineations, which would affect the geographic wage index. In addition, the rule proposes to adopt and implement a patient-level data collection tool to replace the existing Hospice Item Set and to add two new process measures beginning in FY 2028. CMS will accept comments on the rule through May 28.
Related News Articles
Headline
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…
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.…