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.

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

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