Hospice Payment Rates to Increase by Net 2.5 Percentage Points Effective October 1

The Centers for Medicare & Medicaid Services (CMS) has released the updated payment rates for hospice care and the hospice cap amount in Transmittal 1570, dated Aug. 1, 2008, Change Request 6155. The law governing the payment for hospice care requires annual updates to the hospice payment rates. Section 1814(i)(1)(C)(ii) of the Social Security Act…