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The Centers for Medicare and Medicaid Services has issued a proposed rule that updates hospice base payments and the aggregate cap amount for 2022.
As proposed, hospices would see a 2.3%, or $530 million increase in their payments for FY 2022. The proposed 2.3% hospice payment update is based on the estimated 2.5% inpatient hospital market basket reduced by the multifactor productivity adjustment of 0.2%.
Hospices that fail to meet quality reporting requirements receive a two percentage point reduction to the annual market basket update for FY 2022.
The hospice payment update includes a statutory aggregate cap that limits the overall payments per patient that is made to a hospice annually. The proposed cap amount for 2022 is $31,389.66, which is the 2021 cap amount of $30,683.93 increased by 2.3%.