American Hospital Association November 2, 2023
The Centers for Medicare & Medicaid Services Nov. 1 issued its calendar year 2024 final rule for the home health prospective payment system, which will increase home health payments by a net $140 million, or 0.8%, in calendar year 2024, relative to the year prior. This update is the result of a 3.3% market basket update, reduced by a 0.3% productivity adjustment. In addition, the agency finalized only half of the behavioral adjustment that it had proposed, which was designed to achieve budget-neutral implementation of the Patient-driven Groupings Model. Specifically, CMS finalized a behavioral adjustment that will cut payments by a net 2.6%; the agency said that it had concerns about implementing the full adjustment given the impact such a...
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