Final hospice payment rule for 2014 increases payments by $230M

CMS has issued the final rule for hospice payments for fiscal year 2015, which would increase payments by $230 million, or 1.4 percent.

Advertisement

The rule continues the phase out of the wage index budget neutrality adjustment factor, marking the sixth year of CMS’ seven-year process of eliminating the adjustment factor.

The rule also includes suggested coordination and appeals processes concerning Medicare Part D drug payments for beneficiaries in hospice.

More articles on Medicare payments:

CMS finalizes 2% increase in skilled nursing facility payments 
Medicare hospital trust fund solvency extended by 4 years: 6 things to know
Medicare Experiments With Dropping the Three-Day Hospital Stay Rule: 5 Things to Know

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.