CMS Finalizes Pay Hike For Hospices, Raises Pay Cap

CMS finalized a 1 percent pay increase for hospices in fiscal year 2018 on Tuesday (Aug. 1) as well as an increase to the hospice pay cap and additional quality reporting measures. The 1 percent pay bump for hospices is expected to translate to about $180 million, according to CMS. This 1 percent bump was required by the Medicare Access and CHIP Reauthorization Act. The final rule also includes a 1 percent increase on the cap that limits the overall...