Final Rule FY2024 Hospice Payment Rate Update – CMS Fact Sheet

Mary Madison, RN, RAC-CT, CDP
Clinical Consultant – Briggs Healthcare

Yesterday (July 31, 2023), I posted a blog on the FY2024 Final Rule for Hospice Payment. 

There’s a CMS Fact Sheet that you should also review along with the actual FR. 

This fact sheet discusses the major provisions of the final rule, including the annual update to hospice payments and the aggregate cap amount for FY 2024. It also discusses comments received regarding information related to the provision of higher levels of hospice care; spending patterns for non-hospice services provided during the election of the hospice benefit; ownership transparency; equipping patients and caregivers with information to inform hospice selection; and ways to examine health equity under the hospice benefit. This rule also finalizes conforming regulation text changes related to the expiration of the COVID-19 public health emergency (PHE).