| Medicare payments to hospices to rise by 3.7% in FY 2006 |
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The annual hospice payment update by the Centers for Medicare and Medicaid Services shows that hospices will receive a 3.7% increase in Medicare payments in fiscal year 2006. The hospice cap amount for the cap year ending October 31, 2005, is $18,963. The cap amount is updated annually at the end of the cap period. Aggregate payments to a hospice are subject to a cap amount according to the Medicare Claims Processing Manual.
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Additional Info
First Fetched: 03:00:16 09/16/2005
Last Updated: 16:00:44 02/02/2006
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