Sequester Payment Cuts for Home Care and Hospice Services Go into Effect Today
Today, April 1, marks the start of the Medicare reimbursement rate reductions under the automatic federal spending cuts – known as the sequester – that went into effect last month. Home care and hospice services are included in the across the board rate cuts.
As a reminder, the sequestration that takes effect today will be implemented as follows:
Home Health Services: A 2% payment reduction will be applied to episodes with end dates of April 1 and later.
Hospice: A 2% reduction will apply to all services with a claim “through date” for services beginning April 1, 2013.