Medicare costs for hospice up 70%
Medicare costs for hospice care have increased more than in any other health care sector as for-profit companies continue to gain a larger share of the end-of-life medical market, government records show.
From 2005 through 2009, Medicare spending on hospice care rose 70% to $4.31 billion, according to Medicare records.
A recent report by the inspector general for Health and Human Services, which oversees Medicare, found for-profit hospices were paid 29% more per beneficiary than non-profit hospices. Medicare pays for 84% of all hospice patients.