McKnight’s Senior Living September 21, 2022
Home care firms looking to change their payer mix are increasingly considering public programs, such as Medicaid and the Veterans Administration. But experts warned of the promise and pitfalls of both programs at the Home Care Association of America Annual Conference in Orlando this week.
Billions of federal dollars funneled into home- and community-based services during the COVID-19 pandemic have made state Medicaid programs a more attractive option for many providers who rely solely on private pay. The American Rescue Plan Act provided more than $12 billion in funding to states through a 10% increase in Federal Medical Assistance Payments (FMAP) to states, allowing many Medicaid programs to boost payment rates to home care providers.
But much of that...
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