Posted April 20, 2023
The 2.8% base payment rate increase recently proposed by CMS is insufficient to support hospice patients’ care needs, a major industry group said. The National Hospice & Palliative Care Organization (NHPCO) recently took the pulse of its provider members as it pertains to the proposed rule. A large contingent indicated that the percentage is too low to offset inflation, wage pressures and other headwinds.
“The 2.8% proposed rate increase for hospices is not enough to support the care hospices provide. Hospices are dealing with inflation rates that are at least twice that high, compounded by historical and ongoing workforce challenges,” NHPCO said in a statement. “In 2024, pre-determined sequestration cuts will further reduce hospice reimbursement to a de facto increase of about 1%.”
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