The U.S. Centers for Medicare & Medicaid Services has proposed a rule that would determine hospice payment rates, payment caps and the wage index for fiscal year 2021. The agency has proposed a 2.6% payment adjustment, totaling an additional $580 million for the Medicare Hospice Benefit. The proposed rule would also raise the annual payment cap to $30,743.86, up from the 2020 cap of $29,964.78, to reflect the payment increase. The Medicare Payment Advisory Commission (MEDPAC) had recommended to Congress that 2021 per diem payments for hospices remain unchanged from fiscal year 2020 levels and that the aggregate payment cap be reduced by 20%. The proposed rule does not reflect such a reduction. The proposed rule also includes a model election statement that is consistent with changes to associated requirements that became effective in fiscal year 2020.
Read the full article: CMS Proposes 2.6% Pay Raise for Hospice in 2021 //
Source: https://hospicenews.com/2020/04/10/cms-proposes-2-6-pay-raise-for-hospice-in-2021