COMING SOON! Hospice Series to Address CMS 2015 Hospice Wage Index Final Rule
As many providers are aware, CMS published the display copy of the 2015 Hospice Wage Index Final Rule on August 4, 2014. The regulations will be published in the Federal Register on August 22, 2014, with implementation of most of the changes effective October 1, 2014.
The “Medicare Program; FY 2015 Hospice Wage Index and Payment Rate Update; Hospice Quality Reporting Requirements and Process and Appeals for Part D Payment for Drugs for Beneficiaries Enrolled in Hospice…Final Rule” can be accessed at http://www.ofr.gov/OFRUpload/OFRData/2014-18506_PI.pdf
To assist with key areas of the 2015 Final Rule, Simione Healthcare Consultants is publishing a two-part Hospice Series to outline the upcoming changes and provide guidance for providers. This two-part series to be published in late August and early September will focus on the following areas:
Part I – Reimbursement
- Hospice Rates and Payments
- Hospice CAP
Part II – Regulatory
- Notice of Election & Notice of Transfer/Revocation
- Attending Physician Notification
- Hospice Eligibility
- Hospice Quality Reporting
- ICD9 and ICD10 Coding
Hospice providers who want to ensure their readiness for complying with regulatory clarifications and changes will need to evaluate their operations as a whole to determine what steps they may need to take. In order to ensure quality care, regulatory compliance and realization of appropriate reimbursement, modifications to organizational structure or processes may need to be implemented.
Simione’s team of hospice experts can assist you with understanding how to operationalize the “Medicare Program: FY 2015 Hospice Wage Index and Payment Rate Update; Hospice Quality Reporting Requirements and Process and Appeals for Part D Payment for Drugs for Beneficiaries Enrolled in Hospice” in accordance with industry best practices that lead to successful operations in an integrated, streamlined and cost-effective manner.
Contact Simione to learn more about ways we can help you meet your hospice program needs.