CMS Proposes Updates for Hospice

On Monday, the Centers for Medicare & Medicaid Services (CMS) published a proposed rule that would update the hospice wage index, payment rates, and aggregate cap amount for Fiscal Year (FY) 2023. CMS estimates that hospices in urban areas will experience, on average, a 2.7 percent increase in estimated payments compared to FY 2022; while hospices in rural areas will experience, on average, a 2.6 percent increase in estimated payments compared to FY 2022.