Medicare Payments - McKnight's Long Term Care News

Medicare Payments

CMS finalizes Medicare rate updates, quality measure changes for hospices, inpatient rehabilitation facilities

The Centers for Medicare & Medicaid Services recently finalized 2014 Medicare rate updates for hospices and inpatient rehabilitation facilities, and also laid out quality metrics. Hospices will receive a Medicare payment rate increase of 1.7%, which represents about $160 million in additional payments for the fiscal year starting Oct. 1, according to the rule published in today’s Federal Register.

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