Hospices will see 1% increase in Medicare payments in 2016
By – Adam Rubenfire, www.modernhealthcare.com)
Hospice providers will see a 1.1% increase in Medicare payments in fiscal 2016, according to a final rule issued Friday by the CMS.
That means that an additional $160 million will be spent by Medicare on palliative care, as the agency adjusts how much it will pay providers when patients spend more time in hospice. That’s slightly lower than the 1.3% rate increase proposed by the CMS in April and still lower than the 1.4% payment hike it gave hospice organizations last year. Read more…