CMS: Medicare Program; FY 2021 Hospice Wage Index and Payment Rate Update

Notice of a final rule from the Centers for Medicare and Medicaid Services updating the hospice wage index, payment rates, and cap amount for fiscal year 2021. Includes changes related to the adoption of the most recent Office of Management and Budget (OMB) statistical area delineations, with a 5% cap on wage index decreases. Also summarizes the changes to the hospice election statement finalized in the FY 2020 Hospice Wage Index and Rate Update final rule; and provides hospices with a model election statement and sample addendum. Includes rural considerations throughout. This rule is effective October 1, 2020.
Source: Federal Register updates via the Rural Assistance Center - Category: Rural Health Source Type: news