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Hospice industry weighs Medicare payment overhaul amid cost debate
Hospice providers say the current Medicare payment structure lets them build individualized care plans for patients, even as advocates target billions in potential savings.
MarketWatch reports that proposals to change how Medicare pays for hospice care are being debated alongside estimates that the changes could save the U.S. $7.6 billion a year.
The hospice industry argues that the existing payment system gives providers flexibility to create care plans tailored to patients’ specific needs, raising concerns about what could be lost if payment rules are altered.
The dispute centers on balancing projected system-wide savings with potential effects on patient care and how individualized those plans can remain under a revised approach.