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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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CMS to Sunset Look-Alike Dual-Eligible Special Needs Plans in 2023

Hospice News

Centers for Medicare & Medicaid Services (CMS) in 2023 will phase out dual-eligibility special needs look-alike plans within Medicare Advantage. Some hospice patients rely on these plans for other health needs, such as nursing home costs. Of those, about 3.8

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4 Ways Hospices Are Pursuing Growth in 2023

Hospice News

In 2023, the focus for many is to not only expand their core business but to spread further into the care continuum. The below comments were taken from original interviews, conducted in person and via the phone, throughout early 2023. Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries.

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Angela Hospice’s New Inpatient Facility; Hosparus Opens PACE Center

Hospice News

Hosparus Health in January 2023 applied for licensure , recently receiving a greenlight from the U.S. Centers for Medicare & Medicaid Services (CMS), which requires providers to acquire a building and design a center to house a PACE program. Apex Design Build began construction of the facility in 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% However, the annual Medicare Trustees Report for 2023 provides a more detailed look at hospice spending.

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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. Because most of the individuals accessing PACE are going to be Medicare and Medicaid beneficiaries,” Cook told Hospice News at the Home Care 100 conference in Orlando, Florida. “A

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CommCare Expands with Notre Dame Hospice, Home Health Acquisitions

Hospice News

CommCare’s purchase of Notre Dame’s home health and hospice operations marks the transaction of this divestiture Its nursing home services are next in line as part of a separate deal set to close in 2023. For us, home health is a new business that we believe has great future potential.”. Census Bureau.