Home Health Care News July 18, 2024
The Centers for Medicare & Medicaid Services (CMS) isn’t letting up on cuts to home health payments, but its recent rulemaking in Medicare Advantage (MA) may end up benefiting home health providers indirectly.
As MA plans become more scrutinized by regulators and lawmakers – and payment updates come with more meager increases – MA penetration is likely to plateau, or at least slow down in its rate of increase.
CMS finalized a 3.7%, or $16 billion, increase to payments for MA plans in 2025, in an update that will likely end up being a cut to “core” rates by 0.16%, according to the investment banking company Stephens.
That will be the second cut to core rates in a row for...