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How Medicare Budget Neutrality Impacts Hospice Payment

Hospice News

Medicare reimbursement is the lifeblood of hospice providers, and a clear understanding of policies like budget neutrality can help elucidate the payment systems that keep their businesses running. Budget neutrality has stirred up controversy in recent months due to its role in proposed payment cuts for home health care in Fiscal Year 2023.

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U.S. Health Care Expenditures to Reach $7.1 Trillion by 2031; Hospice Spending to Double by 2032

Hospice News

Meanwhile, Medicare hospice spending is expected to more than double by 2032. Centers for Medicare & Medicaid Services (CMS) Office of the Actuary also project that health care expenditures will represent 19.6% of the nation’s gross domestic product by the end of that time frame, up from slightly more than 18% in 2021.

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Houston Hospice Makes Inpatient Unit Available to Other Operators

Hospice News

About 143,284 Medicare decedents elected the hospice benefit in 2021, according to the U.S. Centers for Medicare & Medicaid Services (CMS), the third highest in the nation. By 2030, an additional 5.2 million residents of the Lone Star State are expected to enter that age group, Elder Options of Texas reported.

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Hospice Length of Stay: Balancing Patient Needs Against Regulatory Compliance

Hospice News

Are you in an outlier scenario with your data that Medicare contractors are looking at? Centers for Medicare & Medicaid Services (CMS) and the U.S. In 2020, the average length of stay for Medicare patients enrolled in hospice was 97.0 However, those numbers fell by nearly five days in 2021 to 92.1,

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Hosparus Acquires Baptist Health Deaconess Hospice

Hospice News

In 2021, more than 22,000 Medicare decedents elected hospice care in Kentucky. Centers for Medicare & Medicaid Services (CMS). Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries,” Cook told Hospice News in January. “A It currently serves six Kentucky counties.

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By the Bay Health to Merge with Mission Hospice & Home Care

Hospice News

Previously known as Hospice by the Bay, the organization rebranded in 2021 to reflect a broadening scope of services. By the Bay Health hospice, palliative and pediatric care, as well as skilled nursing home health and grief support. Centers for Medicare & Medicaid Services (CMS).

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Hosparus Applies for PACE License, Expands Hospital Partnerships

Hospice News

Centers for Medicare & Medicaid Services (CMS) for a PACE license, according to CEO David Cook. Before coming to Hosparus in 2021, Cook led an organization in North Carolina that offered both hospice and PACE. The nonprofit hospice provider’s subsidiary — Care Guide Partners — has applied to the U.S.

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