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Home Health & Hospice Week

Hospice:

Hospices Brace For Modest 0.9% Pay Increase

Published on Thu Jul 26, 2012

Wage index adjustment strips $100 million from hospice payments in 2013.Medicare payment reform is on hospices' horizon, but it's not here yet. In the meantime, the feds continue to ratchet down hospice payment rate increases.Hospices had been waiting anxiously for word of the Medicare payment rates that would take effect in a few short months on Oct. 1. When the Centers for Medicare & Medicaid Services re-leased its 2013 rate notice on July 20 and wage index notice July 24, hospices received about what they were expecting, says Judi Lund Person with the National Hospice and Palliative Care Organi-zation. Hospice rates will rise 0.9 percent for the next fiscal year. NHPCO has been estimating an increase between 0.8 and 1 percent, Person tells Eli.National Association for Home Care & Hospice members had been hoping for a bit higher rate, based on a higher market basket inflation figure estimated earlier this [...]
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