Home Health Care News May 30, 2024
Home health providers want better rates and arrangements from Medicare Advantage (MA) plans. The plans, on the other hand, sometimes still can’t figure out what they want from providers.
Some of the largest home health companies have begun to make headway with MA plans.
“I think the payers are recognizing that this is not a commodity business; there is a real need to partner with high-quality providers in the communities,” Pennant Group Inc. (Nasdaq: PNTG) CEO Brent Guerisoli recently said.
But a simple recognition of the value of home health care is not always sufficient, particularly within regional or nationwide plans.
Enhabit Inc. (NYSE: EHAB), for instance, has spent the last couple of years diversifying its revenue to include more...