Hospice providers need to be aware of new reporting requirements resulting from Change Request 8358 published July 26, 2013. Voluntary reporting is effective 1/1/2014 with reporting required as mandatory effective of 4/1/2014. As CMS evaluates a payment system change for Medicare Hospice this additional information is to assist in that process.
The current payment system was set up over 30 years ago and has remained significantly unchanged. Over the past decade payments to hospice providers have doubled. We are on the radar for reform. Responsible providers will comply with the new data submission requirements on claims and will report accurate cost report data. It is incumbent upon the industry to document our cost of doing business to ensure a favorable outcome from the expected payment reform.