Medicare Hospice Payment Rates Updated for FY 2024: Key Changes for Coders
What Changed
Action required by
October 1, 2023
Review the Action Required section below and ensure your team has completed all compliance steps before this date.
What Changed
The Medicare Hospice Payment System has been updated for FY 2024, with changes effective from October 1, 2023. The Federal Register Final Rule introduces revised hospice wage index and payment rates, reflecting geographic variations in labor costs. Additionally, the rule mandates enhanced transparency in quality measure reporting, which is essential for maintaining compliance and optimizing reimbursement.
Sign in to read the full article
Create a free account to access the complete analysis, action recommendations, and related alert references.
Content summarized from publicly available federal publications including CMS, MAC contractors, and the Federal Register. CLV Intelligence is not affiliated with or endorsed by any government agency. This is not legal or medical advice.