Medicare reimbursements for hospice providers will increase 2.9% in fiscal 2025 under a final rule the Centers for Medicare and Medicaid Services issued Tuesday.
That's higher than the 2.6% payment update CMS proposed in March and comprises a 3.4% increase in the market basket minus a 0.5 percentage point productivity adjustment. Hospice providers that do not report quality data will receive a 1.1% reimbursement cut.
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The regulation finalizes modifications to the Hospice Quality Reporting Program, including the implementation of a new system, Hospice Outcomes and Patient Evaluation or HOPE, to collect data.
CMS also updated the Hospice Consumer Assessment of Healthcare Providers and Systems survey.
