Fierce Healthcare November 1, 2023
Centers for Medicare & Medicaid Services (CMS) released a rule Wednesday that increases the 2024 home health payments by 0.8%, or $140 million.
“The $140 million increase in estimated payments for CY 2024 reflects the effects of the CY 2024 home health payment update percentage of 3% ($525 million increase), an estimated 2.6% decrease that reflects the effects of the permanent behavioral assumption adjustment ($455 million) and an estimated 0.4% increase that reflects the effects of an updated FDL ($70 million increase),” the unpublished rule said.
CMS expects increasing the rate will bring home health payments in line with statutory payment authority.
In July, the Biden administration proposed cutting reimbursements to home health providers by 2.2% next year, or an...