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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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‘Upgrading’ the Medicare Hospice Benefit

Hospice News

The Medicare Hospice Benefit could use an “upgrade” to ensure greater flexibility that may be necessary to fully support patients’ needs. Centers for Medicare & Medicaid Services (CMS) should consider is retiring the six-month terminal prognosis requirement and allowing for some concurrent care, Wallace and Wladkowski indicated.

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NHPCO Speaks Out on 2025 Proposed Medicare Hospice Rates

Hospice News

Centers for Medicare & Medicaid Services (CMS) in March issued its 2025 proposed hospice rule, which if finalized would include a 2.6% For example, for FY 2022, the agency used 2018 data. In 2022, the shortfall was 3%, and, in 2023,1%. The proposed 2.6% increase in the per diem base rate. In 2021, the payment update had a 0.6%

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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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