CMS Proposes 2.7% Hospice Payment Raise for 2023

Posted Saturday, April 2, 2022

Last week, CMS released their proposal for a 2.7% per diem increase for hospice providers. The phase-in plan for the wage index, the agency is changing the data sources it uses to adjust hospice payment amounts to account for differences in wage rates among markets. The strategy is designed to minimize disruption as well as the monetary impact on providers.

“This proposed rule proposes a permanent, budget neutral approach to smooth year-to-year changes in the hospice wage index,” the agency said in a statement. “Specifically, we are proposing a permanent cap on negative wage index changes greater than a 5% decrease from the prior year (regardless of the underlying reason for the decrease) for hospices in the FY 2023 proposed rule.”

Click here for the full article.

About Corridor

For over 30 years, Corridor has partnered with home-based care providers, delivering powerful solutions to support the unique challenges of caring for patients in the home. Our team of operating executives, clinicians, and nationally renowned industry experts have run provider organizations and resolved the same challenges you face.

Focusing on key operational, regulatory and financial challenges, Corridor delivers solutions and deep expertise in codingclinical documentationcompliancebilling and education.

To receive the most important industry updates, insights and news impacting home health and hospice, please make sure to sign up for our weekly newsletter

Explore Corridor’s Solutions

Share This Story, Choose Your Platform!