Home Health Care News June 11, 2024
As the Centers for Medicare & Medicaid Services (CMS) cuts fee-for-service Medicare rates and Medicare Advantage (MA) penetration continues, top-tier home health companies are looking for top-tier payers to work with.
Enhabit Inc. (NYSE: EHAB) considers itself a top-tier provider – regularly pointing toward its 30-day hospitalization rate, which was 20.5% below the national average in 2022 – and has spent the past couple of years looking for the right payers to work with.
When the company spun off of Encompass Health Corp. (NYSE: EHC) in 2022, it had a disproportionate amount of fee-for-service Medicare in its revenue mix. Since becoming a standalone company, Enhabit has had to adjust that to become a better partner to referral sources with a...
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