CMS Issues Final Hospice Rules on Wage Index, Market Basket for Fiscal Year 2009

The Centers for Medicare & Medicaid Services (CMS) issued a Final Rule setting forth the fiscal year 2009 hospice wage index and annual market basket index increase. With that final rule, the payment rates will have an effective 2.5% net increase over fiscal year 2007 rates. This increase results from an annual market basket index…