Home Health Care News September 4, 2024
Home health providers often pursue value-based care arrangements, with the goal of delivering quality care and achieving monetary success. But if they are not careful, these companies can also land in financial hot water.
“In a value-based arrangement, a financial disaster means I’m now losing money,” Joseph Furtado, administrator of MD Home Health, told Home Health Care News.
MD Home Health is a privately-owned Phoenix-based provider that offers traditional skilled services in the home, as well as specialty programs and non-medical personal care services through its MD Home Assist arm. The company is one of largest home health providers in Arizona.
Even for the providers highly focused on value-based arrangements, those arrangements tend to make up a smaller part of...