CMS Finalizes 2.6% Hospice Pay Increase, Election Statement Changes

By Chelsea Cirruzzo / July 31, 2019 at 6:54 PM
CMS on Wednesday finalized a 2.6% increase in Medicare payments to hospices in fiscal 2020 as well as changes to the hospice election statement in its annual payment rule. The changes will take effect Oct. 1. The agency estimates the payment rate increase will lead to a $520 million hike in Medicare payments to hospices compared to fiscal 2019. The per-patient statutory pay cap for hospices in fiscal 2020 is set at $29,964.78, according to the rule . Additionally, hospices...

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