CMS pitches hospice payment rule for 2023: 4 things to know

CMS has released its annual proposed payment update for hospices, which would raise payment rates in fiscal year 2023. 

Four things to know: 

1. On March 30, CMS proposed raising hospice payments by 2.7 percent, or $580 million, in fiscal year 2023. 

2. CMS proposed capping annual hospice wage index adjustments to ensure payments don't decrease more than 5 percent from the year prior, regardless of the underlying reason for the decrease. 

3. CMS is seeking comments from hospices on their health equity initiatives and a structural composite measure concept to inform future measure developments. 

4. Read more about the fiscal year 2023 hospice payment proposed rule here.

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