Hospice Leaders ‘Shocked’ by Lackluster Proposed Payment Rule Amid Inflation, Wage Hikes
Hospice News
MAY 18, 2022
The U.S. Centers for Medicare & Medicaid Services (CMS) recently proposed a 2.7% pay increase for hospice care for Fiscal Year 2023. However, that amount may be a drop in the bucket as COVID-19 headwinds rage, inflation surges and employee wages climb. Beyond the rising costs, Medicare is phasing in the return of payment sequestration, which was temporarily suspended during the COVID-19 public health emergency.
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