Hospice providers will receive a 3.1% Medicare payment increase next fiscal year under a final rule the Centers for Medicare and Medicaid Services issued Friday.
That’s higher than the 2.8% reimbursement increase CMS proposed in a draft regulation published in March. The final rate for fiscal 2024 is the product of a 3.3% market basket increase adjusted for productivity. Beginning next year, hospice providers that fail to meet quality…