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U.S. Health Care Spending Reaches $4.9 Trillion

Hospice News

Centers for Medicare & Medicaid Services (CMS) found. In 2022, health care spending rose at a rate of 4.6%. Total Medicare hospice spending accounted for $25.7 billion last year, according to a separate report from the Medicare Payment Advisory Commission (MedPAC). The nations total health expenditures rose 7.5%

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Palliative Care, ACO Collaborations Fuel ‘Historical Savings’ in MSSP Program

Hospice News

Centers for Medicare & Medicaid Services (CMS) recently announced that its Medicare Shared Savings Program (MSSP) yielded more than $2.1 billion in shared savings payments during the program’s 2022 to 2023 performance year, the highest dollar amount thus far, CMS reported. “We

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MedPAC Calls for 2026 Hospice Rate Freeze

Hospice News

The Medicare Payment Advisory Commission (MedPAC) has recommended to Congress a freeze on hospice payment increases starting in 2026. The 2021 aggregated Medicare hospice margin was 10.4%, according to MedPAC. million Medicare beneficiaries received services in 2023 from close to 6,500 providers, up from 5,900 the prior year.

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Diverse Utilization, Cost Trends Shaping Hospice Care Delivery

Hospice News

of Medicare hospice decedents terminal conditions in 2023, according to a recent joint report by the Alliance and the Research Institute for Home Care. With the] number of Medicare hospice users, we are seeing major increases over years, as you expect with an aging population, Ware said during a recent webinar.

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Mission Health Services Acquires Angel’s Crossing Home Hospice

Hospice News

About 15,900 Medicare decedents in Utah elected hospice in 2022, a rate of slightly more than 59%. Centers for Medicare & Medicaid Services (CMS). The final rule forbids any change in majority ownership during the 36 months after initial Medicare enrollment, including acquisitions, stock transactions or mergers.

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The Role of Medicare Advantage in Growing Palliative Care Services

Hospice News

For the time being, Medicare Advantage may be providers’ best bet for palliative care reimbursement. Centers for Medicare & Medicaid Services (CMS) also allows Medicare Advantage plans to cover palliative care as a supplemental benefit. This year, the number of MA plans swelled to 3,998 nationwide, up 6% from 2022.

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Hawaii Hospice Collaborative Launches Into ‘New Era’ of Care Delivery

Hospice News

Hospice utilization reached 43.77% among Medicare decedents in Hawaii during 2022, according to a report from the National Alliance for Care at Home. Several of the hospices in the collaborative launched services in early 1980s when the Medicare Hospice Benefit was established. This fell below the national average of 49.1%

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