Hospice Providers Will Receive 2.1% Medicare Payment Rate Increase for 2017, Totaling $350 Million
Posted on Tuesday, August 2, 2016 2:55 PM
According to a final rule issued by CMS, hospice providers will be given a 2.1% Medicare payment rate increase for calendar year 2017, totaling about $350 million.
The hospice cap for 2017 will be $28,404.99, CMS stated in the final rule. The 2017 cap year begins October 1, 2016, and ends September 30, 2017.
The following new quality measures will be finalized in the rule:
• Hospice visits when death is imminent
• Hospice and palliative care composite process measure
Additionally, enhanced data collection and details about the hospice CAHPS survey will be included in the final rule.
“CMS is considering enhancing the current Hospice Item Set (HIS) data collection instrument to be more in line with other post-acute care settings,” the agency stated in announcing the final rule. “This revised data collection instrument would be a comprehensive patient assessment instrument, rather than the current chart abstraction tool.”
The final rule is expected to be available in the August 5 edition of the Federal Register and go into effect October 1, 2016.
For the full article, click here.
About Corridor
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.
