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U.S. Health Care Spending Reaches $4.9 Trillion

Hospice News

trillion in 2023, a new analysis by the U.S. Centers for Medicare & Medicaid Services (CMS) found. This growth took place at a faster pace in 2023 than prior years. Total Medicare hospice spending accounted for $25.7 Total Medicare hospice spending accounted for $25.7 About 21% of U.S. The post U.S.

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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 net savings in 2023 — the largest amount in the program’s inception more than a decade ago, according to the agency. ACOs participating in MSSP earned an estimated $3.1

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CMS Ramps Up Efforts to Root Out ‘Door Knocker’ Hospice Schemes

Hospice News

Centers for Medicare & Medicaid Services (CMS) recently elaborated on its plans to expand public education campaigns designed to help protect hospice beneficiaries from fraudulent actors in the space. Scammers have also offered individuals hundreds of dollars in exchange for their Medicare identification beneficiary number.

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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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How Today’s Hospice Fraud Could Warp Tomorrow’s Reimbursement Outlook

Hospice News

Fraudsters misspend millions of Medicare dollars annually, though the actual hospice-specific amounts are difficult to determine, regulators previously told Hospice News. In the end, Medicare fraud costs taxpayers billions of dollars every year. Each dollar lost to fraud takes away resources intended for people with Medicare.”

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Hospice Advocacy Groups Ask Congress for Action on Proposed 2023 Medicare Rates

Hospice News

bump in Medicare payments, which they say is insufficient in light of COVID-19 and staffing headwinds. CMS in April released the 2023 proposed payment rule for hospice providers, including the 2.7% A key point of contention is that CMS used 2019 data to calculate the 2023 rate, including wages and cost reports.

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agilon health to Exit Payer, Provider Agreements to Bolster Long-Term Financial Outlook

Hospice News

The company is a value-based organization that partners with primary care physicians nationwide to jointly take on the total cost and quality of care for their senior patients through Medicare Advantage or the the U.S. Net loss was $118 million in the third quarter of 2024 compared to a net loss of $31 million in the third quarter 2023.

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