Home Health Care News March 12, 2024
As Medicare Advantage (MA) plans continue to gain more beneficiaries, home-based care providers find themselves at a crossroads.
For some, the allure of MA lies in its potential to unlock new opportunities and expand patient reach. Yet, for others, the prospect of navigating the complexities of MA reimbursement presents a daunting challenge.
MA enrollment continues to grow, but not as rapidly as it has in recent years.
A new report from health care advisory firm Chartis — in collaboration with HealthScape Advisors — found that the MA market grew by 1.7 million beneficiaries in 2023, a 5.4% increase. That was significantly lower than the previous year’s record growth of 2.7 million (a 9.4% increase).
“The Medicare Advantage market is still...
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