CMS Finalizes 3.1% Hospice Payment Update for 2024, But Industry Stakeholders Fear It Falls Short
Hospice News
JULY 28, 2023
The U.S. Centers for Medicare & Medicaid Services (CMS) is giving hospices a 3.1% increase to their per diem payments for 2024, according to a final rule published Friday. That will translate to a $780 million bump to hospice payments next year compared to Fiscal Year 2023, according to CMS. The finalized rule also raises the aggregate payment cap to $33,494.01 for next year, up from $32,486.92 set in 2023.
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