CMS finalizes 2.6% payment increase for hospices in FY 2020
The Centers for Medicare & Medicaid Services late today issued a final rule to update the payment rates for hospices by 2.6% for fiscal year 2020. CMS finalizes a net payment increase of $520 million, compared to FY 2019. This includes a 3.0% market-basket update, offset by a statutorily-required reduction of 0.4% for productivity. The rule also rebases the rates hospices are paid for certain types of care. In addition, the rule modifies the beneficiary hospice election statement in order reduce the time spent trying to obtain information needed for treatment decisions and accurate claims submissions.
Related News Articles
Headline
The Centers for Medicare & Medicaid Services today issued its proposed rule updating hospice payments for fiscal year 2024. CMS proposes a 2.8% ($720…
Headline
Responding this week to House members asking how Congress could improve physician payment under the Medicare Access and CHIP Reauthorization Act of 2015, the…
Headline
The Centers for Medicare & Medicaid Services today issued a final rule to update hospice payment rates for fiscal year 2023. The rule finalizes a 3.8% ($…
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.…
Headline
The Centers for Medicare & Medicaid Services today released a notice correcting technical errors in its final rule updating physician fee…