HomeCare June 18, 2024
Rhode Island Legislature increases Medicaid rates above 75%
PROVIDENCE, Rhode Island—Rhode Island’s homecare providers are celebrating this evening’s passage of the state’s fiscal year 2025 (SFY25) budget set to begin on July 1, 2024. Within Article 9 of the budget, the Rhode Island General Assembly (state legislature) approved significant Medicaid fee-for-service rate increases for contracted homecare provider companies. These rate increases include some that are higher than 75% effective Oct. 1, 2024.
Two years ago, the General Assembly approved a rate study for all social and human services programs funded by state dollars. The Rhode Island Office of the Health Insurance Commissioner (OHIC) reviewed many of the over 430 billable codes to the state’s Medicaid Administrative Contractor, Gainwell Technologies and...