Our weekly list of news, reports, and information about home health and hospice care. Learn about new studies, trends, CMS regulations and more.
Home health care stocks rose in November amid news that home health care giants LHC Group and Almost Family are joining forces, according to the latest update of the Home Health Index by Stoneridge Partners.
As enrollment in Medicare Advantage continues to surge, major players such as Amedisys and LHC Group see a huge opportunity that could bring higher payments. Even though Medicare Advantage rates typically are lower than Medicare fee-for-service, and contracting with private sector insurance companies can be complicated, home health companies are making moves to grow their MA revenue.
A review of the top home health care stories in 2017 by Home Health Care News.
The most recent meeting of the Medicare Payment Advisory Commission (MedPAC) considered a draft recommendation to reduce payments to home health agencies by five percent in 2019 and a two-year rebasing of the pay system beginning in 2020.
The newly introduced EMPOWER Care Act bill would renew and expand the Money Follows the Person (MFP) program, which promotes transitioning Medicaid beneficiaries from institutional settings to community-based services. The program offers flexibility in using the funds to stay home - for example, to buy care or a microwave if that helps the person stay home.