Hospice Accounting

Explore how healthcare providers and businesses are navigating shifting insurance models, skill-based billing, and rising medical costs to ensure long-term financial stability.

The aggregate FFS Medicare margin for hospices was 8.0% in 2023 — a figure MedPAC builds directly from the Medicare cost reports hospices file every year (MedPAC, Report to the Congress: Medicare Payment Policy, March 2026). Medicare spent $28.3 billion on hospice care for more than 1.8 million beneficiaries in 2024, paid across 6,706 hospices — a provider base growing almost entirely because for-profit operators keep entering the market. Profitability hinges on one number th