Fiscal Year (FY) 2025 Hospice Payment Rate Update Proposed Rule (CMS-1810-P)

03/29/24 at 01:00 AM

Fiscal Year (FY) 2025 Hospice Payment Rate Update Proposed Rule (CMS-1810-P)
CMS email; 3/28/24
The FY 2025 hospice payment update percentage is 2.6% (an estimated increase of $705 million in payments from FY 2024). ... The proposed FY 2025 rates for hospices that do not submit the required quality data would be updated by the proposed FY 2025 hospice payment update percentage of 2.6% minus four percentage points, which results in a -1.4% update. ... The proposed hospice cap amount for the 2025 fiscal year is $34,364.85 (FY 2024 cap amount of $33,494.01 increased by the FY 2025 hospice payment update percentage of 2.6%). The proposed rule can be viewed at the Federal Register at https://www.federalregister.gov/public-inspection.

Tags: Headlines
Back to Literature Review