Industry Note:
MedPAC Readies Rate Freeze, Cap Reduction Recs
Published on Fri Dec 13, 2019
Cap reduction will risk access, expert warns. Hospices’ relatively high average profit margin of 12.6 percent in 2017 means Medicare should freeze its hospice rates for 2021 — as well as possibly reduce the cap amount. So suggested the Medicare Payment Advisory Commission in its Dec. 5 meeting. MedPAC commissioners will formally vote on the recommendations next month for inclusion [...]