CMS Updates FY 2014 Hospice Wage Index

The Centers for Medicare & Medicaid Services (CMS) recently updated the Medicare Hospice Wage Index for fiscal year (FY) 2014 and provided clarification on additional diagnoses reporting on hospice claims and updates on hospice payment reform and requirements for hospice quality reporting.

Hospices serving Medicare beneficiaries will see an estimated 1.0% increase in FY 2014 payments. The hospice payment increase is the net result of a 1.7% increase in the “hospital market basket” update, which is offset by a 0.7% decrease in payments to hospices due to updated wage index data and the phase-out of its wage index budget neutrality adjustment factor (BNAF).

Click here to read more.

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One thought on “CMS Updates FY 2014 Hospice Wage Index

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