Final Hospice Rates and CAP for 2014

On August 16^th CMS issued transmittal 2766 to update the hospice payment rates, hospice cap, hospice wage index, quality reporting program and the hospice pricer for FY 2014.

Code	Description	2014 Rate	Labor Share	Non-Labor Share
651	Routine Home Care	$156.06	$107.23	$48.83
652	Continuous Home Care 24 Hours Hourly  $37.95	$910.78	$625.80	$284.98
655	Inpatient Respite Care	$161.42	$87.38	$74.04
656	General Inpatient Care	$694.19	$444.35	$249.84

Above rates must be adjusted for wage index.  Hospices that do not submit quality data will have their rates reduced by 2%.

Hospice Cap for FYE 10/31/2013 increases to $26,157.50.

For more information please utilize the following link:

http://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/Hospice/Downloads/Transmittal-2766.pdf