Why Home Health Agencies Could See an Unfavorable Medicare Payment Landscape in 2023

[ad_1]

Home health operators should dig in even further ahead of the Medicare reimbursement battle coming later this year.

The U.S. Centers for Medicare & Medicaid Services (CMS) released its 2023 proposed payment rule for the nursing home industry earlier this month. In it, the agency called for a 3.9% increase to Medicare payments for skilled nursing facilities (SNFs) – with a 4.6% cut to the Patient-Driven Payment Model (PDPM).

Broadly, CMS says the downward adjustment to PDPM is to make up for the payment overhaul’s unintended payment boost to SNF operators. Nursing home advocates, however, claim the proposed cut would be damaging to an already beleaguered corner of health care.

“Any reduction in government resources could deepen the economic crisis currently within the long-term and post-acute care sector,” Mark Parkinson, president and CEO of the American Health Care Association (AHCA), said in a statement. “Many nursing homes already face imminent closure, and this Medicare cut could force more seniors across the country to relocate and find alternative care farther away from family and loved ones.”

Historically, SNFs have been the canary in the coal mine for home health agencies. What CMS does in the former, it often tries to do in the latter.

Sign up for HHCN + to read this exclusive content.

Individual Membership
$400 per year

Purchase

Group
2–5 members
$380 per year*

Purchase

Need more than 5 members? Contact us for more information.

* per member

Already a member?

[ad_2]

Source link

Next Post

A Thanksgiving Nightmare Ends in Gratitude

Sun Apr 24 , 2022
[ad_1] As told to Erica Rimlinger That Thanksgiving, a stomach virus was going around. My son Jackson, a freshman at Bucknell University, returned to our home in Colorado a few days before the Thanksgiving holiday in 2017, perfectly healthy. But two nights before Thanksgiving, he started throwing up and spiked […]

You May Like