Posted Sunday, September 26, 2021
The National Partnership for Hospice Innovation (NPHI) is asking U.S. congressional leaders to pursue legislation to continue the moratorium on Medicare sequestration which is set to expire on December 31st.
Medicare sequestration was created in 2014 by the Budget Control Act and it reduces payments to hospice and health care providers by 2%.
Currently, providers must return payments to CMS if the total paid exceeds the Medicare payment cap allowance which includes the sequestered 2% as part of the total, even though hospices do not receive those funds.
“The moratorium has allowed for our members to continue providing uninterrupted care to hundreds of thousands of Americans’ by ensuring that not‐for‐profit hospice providers across the nation are appropriately compensated for lost revenues and extraordinary expenses related to COVID‐19,” NPHI President Carol Fisher and Founder and CEO Tom Koutsoumpas wrote to lawmakers.
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