Home Health Care News May 11, 2022
The highly fragmented home health industry has turned providers into commodities, at least in the eyes of Medicare Advantage (MA) organizations.
Because there are so many providers looking to make managed care inroads, the rates home health operators receive from MA sources are typically far below what they get from fee-for-service Medicare. That sense of parity exists for small and large home health providers alike as well.
“I think home health, in the past, [it] has been a bit exploited because it’s been a very fragmented industry,” Encompass Health Corporation (NYSE: EHC) CEO and President Mark Tarr said Tuesday at the BofA Securities 2022 Healthcare Conference. “And so there’s been an element of treating it like a commodity by some...