Hospice Providers Net $790 Million Medicare Pay Hike in FY 2025

Medicare payments to hospice providers would increase by $790 million in fiscal year 2025 under a Biden administration final rule released Tuesday.

The rule confirms a 2.9% rate increase from the Centers for Medicare & Medicaid Services (RIN 0938-AV29) and also finalizes changes to the Hospice Quality Reporting Program.

Hospice providers that don’t submit the required quality data would see a payment update of 2.9%, “minus four percentage points, which results in a -1.1% update,” the CMS said in a fact sheet.

Medicare’s hospice benefit covers end-of-life care and services for beneficiaries who are terminally ill with ...