MedicaidReimbursementMedium impact
BT2023135: IHCP announces hospice rates for federal fiscal year, beginning Oct. 1, 2023
Indiana Medicaid (IHCP)·IN · Palliative Care·Specialty Services
Effective date
Oct 1, 2023
We identified it
Jun 19, 2026
Summary
Indiana Health Coverage Programs (IHCP) updated hospice reimbursement rates for federal fiscal year 2024, effective October 1, 2023 through September 30, 2024. The rates are based on CMS Medicare hospice rates and include a new 4 percentage point payment reduction for providers who don't submit required quality data (increased from 2 percentage points).
Action Required
By November 1, 2023: Billing team should verify that the IHCP claim-processing system has been updated with new hospice rates before billing for October 2023 service dates. Ensure hospice providers are compliant with Hospice Quality Reporting Program (HQRP) requirements to avoid 4 percentage point payment reduction. Review wage-adjusted rates in Tables 5 and 6 based on county location and quality reporting status.