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.”
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