article thumbnail

Medicare Part A to Run Deficit in 2028, Two Years Later than Expected

Hospice News

If its current trajectory holds, Medicare will see shortfalls beginning in 2028 — two years later than earlier projections, according to the 2022 annual report from the Social Security and Medicare Boards of Trustees. By 2028, Medicare would have sufficient dollars to cover 90% of Medicare expenses. population.” ? . billion this year.

2028 185
article thumbnail

CMS Proposes 2.6% Pay Raise for Hospices in 2025

Hospice News

Centers for Medicare & Medicaid Services (CMS) has issued its 2025 proposed rule for hospice payment, which if finalized would include a 2.6% The proposed hospice cap amount for Fiscal Year 2025 is $34,364.85, up from $33,494.01 If finalized, these measures would be implemented for Fiscal Year 2028.

2025 173
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MedPAC to Push for 20% Cut to Hospice Aggregate Payment Cap

Hospice News

Centers for Medicare and Medicaid Services (CMS) reduce the aggregate cap for hospice payments by 20% in 2024. The commission has recommended the hospice cap be wage adjusted and reduced by 20%,” Kim Neuman, principal policy analyst at MedPAC, said at the group’s recent meeting. of hospices exceeded the cap, MedPAC estimated.

2028 241
article thumbnail

Proposed California Bill Aims For $25 Health Care Worker Minimum Wage

Hospice News

The hospice and palliative care field is among those in critical need to shore up its supply of registered and licensed vocational nurses, certified nursing assistants and home health aide, he said. Skilled nursing employers would have until June 2028 to comply with the new wage requirement among.

2028 251